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    2236 SE 89Th Ave Portland, OR 97216

    For Sale
    $675,000

    MULTI_FAMILY - Portland, OR

    Property size:
    2,688 SF
    Lot size:
    0.22 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 2236 SE 89Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM1
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 5
    Bedrooms
    6
    APN
    R237839
    Size
    2,688 SF
    Lot size
    0.22 Acres

    Building Details

    Year built
    1997
    Floors in Building
    2
    Number of units
    3

    Happy Homes Properties, Inc. 503.643.2147 x206 [email protected]

    Listing agent Greg Fox (503) 643-2147

    Listing date Nov 23, 2025

    MLS# 141002756 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Townhouse-Style Triplex in Portland, OR

    This is a fully rented, townhouse-style triplex constructed in 1997. Located on a low-traffic flag lot, the property features individual attached garages and private fenced backyards with patios for each unit. Each unit contains two bedrooms and one and a half bathrooms. The property has been well-maintained and features a new roof. The original-owner property is a solid income producer with in-place rents with additional upside. The property is located in a super-convenient Southeast location. The lot size is 0.22 acres. The property size is 2688 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.571604
    Latitude
    45.506661

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    FAQs

    What type of property is this?
    Triplex - Fully rented, well-maintained triplex with upside in a convenient location.
    Where is this triplex located?
    The property is located at 2236 SE 89Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Solid income-producing triplex with upside potential.; - Each unit features 2 bedrooms, 1 1/2 baths, attached garage, and private fenced backyard with patio.; - New roof and well-maintained property.
    (503) 643-2147
    Request Owner's contact information
    2236 SE 89Th Ave Portland, OR 97216
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    Portland, OR 97216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2236 SE 89Th Ave Portland, OR 97216
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