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    6223 N Yale St Portland, OR 97203

    Sponsored
    For Sale
    $710,000

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.10 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 6223 N Yale St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5
    Rooms
    Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
    Bedrooms
    4
    APN
    R165684
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Zoned
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Floors in Building
    2
    Number of units
    2
    Roof type
    Composition

    Premiere Property Group, LLC (503) 670-9000 [email protected]

    Listing agent Jesse Dill (503) 670-9000

    Listing date Jan 6, 2026

    MLS# 195843880 Listing URL

    Copyright © 2026 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

    Updated Multifamily with ADU Income

    Located in the University Park neighborhood, this updated multifamily property features a detached Accessory Dwelling Unit (ADU) with a history of short-term rental income. The ADU, permitted in 2018, offers flexibility for generating supplemental income, accommodating extended family, or providing private guest space. Short-term rentals are allowed, and the unit generated over $22,000 in Airbnb revenue in 2023. The ADU has its own alley access, a dedicated parking pad, and separation from the main home. The one-bedroom ADU offers approximately 502 square feet of living space. The main residence features three bedrooms and two full bathrooms upstairs, both with skylights, plus a half bath on the main level. A south-facing front porch leads into a living area with a gas fireplace and luxury vinyl plank flooring. The upstairs includes newer carpet, two secondary bedrooms, and a primary suite with a walk-in closet, hex tile flooring, and designer finishes. System updates include central air conditioning added in 2021, a new roof in 2018, a new electrical panel with 200 amp service in 2017, and a gas furnace installed in 2014. A new wrap-around paver walkway leads to the backyard and ADU. New exterior paint is planned for 2025. The property is located near New Seasons, Cathedral Coffee, and neighborhood amenities. Astor and Roosevelt schools are both within one mile. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    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
    -122.734164
    Latitude
    45.580063

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    FAQs

    What type of property is this?
    Short term rental property - Updated multifamily property with detached ADU in University Park.
    Where is this short term rental property located?
    The property is located at 6223 N Yale St Portland, OR.
    What is the asking price?
    The asking price for this property is $710,000.
    What are key features of this property?
    This property features: - Detached ADU with established short-term rental income history (over $22,000 in 2023).; - Desirable University Park neighborhood location with easy access to amenities like New Seasons and Cathedral Coffee, and schools.; - Newer construction (built in 1997) with significant updates including new roof (2018), central AC (2021), and electrical panel (2017).
    (503) 670-9000
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    6223 N Yale St Portland, OR 97203
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    Portland, OR 97203
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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
    6223 N Yale St Portland, OR 97203
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