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    4824 NE 8Th Ave Portland, OR 97211

    New
    For Sale
    $895,000

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.09 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 4824 NE 8Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2.5
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    R210426
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Roof type
    Composition

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Javier Alomia (855) 450-0442

    Listing date Dec 3, 2025

    MLS# 375903263 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

    Remodeled Duplex in Portland, Oregon

    This multifamily property in Portland, Oregon, has been completely rebuilt from the studs out. The duplex features two fully remodeled units with new systems, finishes, and permits. All details have been addressed, including new plumbing, electrical panel, insulation, drywall, windows, a waterproofed basement, and flooring. The main unit (3BR/1BA) includes a remodeled kitchen, one bedroom on the main floor, and two in the finished basement. It features hardwood floors upstairs, new carpet below, a remodeled bath, and a utility/laundry room. The upper unit (2BR/1BA) offers hardwood floors throughout, a remodeled kitchen and bath with a laundry area, and abundant natural light. The property, located in Multnomah County, is zoned R2.5 and situated on a lot of approximately 0.09 acres. It presents a turnkey opportunity suitable for investors or owner-occupants, with strong rental income potential. Market rents are estimated at $3,500 for the main unit and $2,500 per month for the upper unit. Architectural plans, receipts, and permits are available for review.
    Property Profile Location Intelligence

    Current Use by Public Records

    King of the Cajun Spice Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.657304
    Latitude
    45.557723

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with strong rental income potential in Portland.
    Where is this duplex located?
    The property is located at 4824 NE 8Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Completely rebuilt from the studs out with all new systems, finishes, and permits.; - Turnkey duplex with strong rental income potential ($3,500 and $2,500 per month).; - Two fully remodeled units, each with remodeled kitchens and baths.
    (855) 450-0442
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    4824 NE 8Th Ave Portland, OR 97211
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    Portland, OR 97211
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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
    4824 NE 8Th Ave Portland, OR 97211
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