Multifamily Property with Detached
144 SE 85TH Ave Portland, OR 97216
For Sale
$770,000
MULTI_FAMILY - Portland, OR
Lot Size0.23 Acres
Days on Market134
Property Features for 144 SE 85TH Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
8
Bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Standard status
Active
APN
R284669
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
TERRACE PK, BLOCK 7, LOT 1&2
Tax Annual Amount
8819
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Roof type
Metal, Composition
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
John McKay
(503) 702-5529
Added: Mar 19
Changed: Jul 28
Last Checked: Jul 30 at 4:06AM
MLS# 502946846
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Investment Insights
Based on property information with market context.
This tenant-occupied multifamily property includes a main home configured into two separate living spaces, plus a detached unit converted from a former shop. The main home provides multiple individually rented spaces, with a total of four bedrooms on the main level and three bedrooms on the lower level. The detached unit is described as a one-bedroom, one-bathroom cottage with tall ceilings. In total, the property is set up for eight income-producing tenants, and each unit is equipped with its own kitchen, washer/dryer, and water heater.
Set on a spacious corner double lot in the Montavilla area, the property benefits from convenient access to freeways, shopping, dining, and transportation. The listing notes a 98 Bike Score and proximity to Mt Tabor.
The sellers report that a lot partition is nearly completed, with only utility adjustments remaining. The configuration and nearly finished partition are intended to support flexibility for future expansion or redevelopment. Please do not walk the property or disturb tenants.
Set on a spacious corner double lot in the Montavilla area, the property benefits from convenient access to freeways, shopping, dining, and transportation. The listing notes a 98 Bike Score and proximity to Mt Tabor.
The sellers report that a lot partition is nearly completed, with only utility adjustments remaining. The configuration and nearly finished partition are intended to support flexibility for future expansion or redevelopment. Please do not walk the property or disturb tenants.
Key Highlights
- Split into two units plus a detached shop‑converted cottage, creating 8 income‑producing tenants
- Configured for 7 total bedrooms in the main home (4 on the main level, 3 on the lower level)
- Detached cottage is a 1‑bedroom, 1‑bath unit with tall ceilings
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied multifamily on a corner double lot with multiple kitchens, in-unit washer/dryer, and water heaters.
Where is this triplex located?
The property is located at 144 SE 85TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Split into two units plus a detached shop‑converted cottage, creating 8 income‑producing tenants; Configured for 7 total bedrooms in the main home (4 on the main level, 3 on the lower level); Detached cottage is a 1‑bedroom, 1‑bath unit with tall ceilings