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    2309 SE 90Th Ave Portland, OR 97216

    New
    For Sale
    $1,068,900

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.34 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2309 SE 90Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 6, Bathroom 4
    Bedrooms
    8
    APN
    R106037
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1996
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Lillie Barr (888) 814-9613

    Listing date Dec 3, 2025

    MLS# 24376013 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

    Cash Flowing Investment Opportunity

    This is a turnkey, fully occupied, income-producing property featuring a triplex and a standalone single-family home, all situated on one tax lot. This property is located in Portland, OR 97216. The property is zoned R-1. The lot size is 0.34 acres. This setup offers a rare investment opportunity in the current market. The property consists of four units in total: three units within the triplex and one detached home. It has a consistent rental history with upside potential. The property is turnkey ready, requiring minimal immediate maintenance. It presents a high-yield investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -122.570942
    Latitude
    45.506246

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    FAQs

    What type of property is this?
    Quadplex - Turnkey 4-unit investment property with positive cash flow potential.
    Where is this quadplex located?
    The property is located at 2309 SE 90Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,068,900.
    What are key features of this property?
    This property features: - Turnkey 4-unit investment property (triplex + detached single-family home) on one tax lot.; - Positive cash flow from day one with potential for increased returns.; - Fully occupied with consistent rental history and upside potential.
    (888) 814-9613
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    2309 SE 90Th 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
    2309 SE 90Th Ave Portland, OR 97216
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