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    8805 SE 17Th Ave Portland, OR 97202

    Sponsored
    For Sale
    $1,249,900

    MULTI_FAMILY - Portland, OR

    Property size:
    4,536 SF
    Lot size:
    0.12 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 8805 SE 17Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1D
    Rooms
    Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 7, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 6
    Bedrooms
    7
    APN
    R268169
    Size
    4,536 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1968
    Floors in Building
    2
    Number of units
    5
    Roof type
    Flat

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

    Listing agent Mary Gedrose (503) 670-9000

    Listing date Dec 30, 2025

    MLS# 782010914 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

    Turnkey Portland Multifamily Investment Property

    This fully leased 5-unit multifamily property is located in the Sellwood-Moreland neighborhood of Portland. The property features a strong unit mix and sits on a corner lot. There are four 2BR/1.5BA townhomes offering two levels, private entrances, in-unit laundry, walk-in closets, private balconies, LVT flooring (in many), ceiling fans, tenant storage, and dedicated carports. The fifth unit is a 1BR/1BA single-level flat with its own washer/dryer, LVT flooring throughout, storage space, and private carport. All five units are currently rented to long-term tenants. The property is well-maintained and operating at a 4.14% cap rate with future upside through rent increases or light cosmetic updates. The property has RM1 zoning which offers future development flexibility. The 4,536 square foot property sits on a 0.12-acre lot. Sellwood-Moreland is a vibrant, eclectic neighborhood with tree-lined streets and charming shops. The location provides easy access to downtown, MAX Orange Line, and Springwater Corridor. Nearby are Sellwood Park, Oaks Bottom Wildlife Refuge, Oaks Amusement Park, and Sellwood Riverfront Park. Waverley Country Club, New Seasons Market, local cafes and restaurants, Reed College, Lewis & Clark, and OHSU are also close by. The Walk Score is 74 and the Bike Score is 95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.647355
    Latitude
    45.459182

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    FAQs

    What type of property is this?
    Apartment building - Fully leased 5-unit property in desirable Sellwood-Moreland neighborhood.
    Where is this apartment building located?
    The property is located at 8805 SE 17Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,249,900.
    What are key features of this property?
    This property features: - Fully leased 5-unit multifamily property in desirable Sellwood-Moreland.; - Strong unit mix: four 2BR townhomes and one 1BR flat, all with private entrances and in-unit laundry.; - Long-term tenants in place.
    (503) 670-9000
    Request Owner's contact information
    8805 SE 17Th Ave Portland, OR 97202
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    Portland, OR 97202
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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

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    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
    8805 SE 17Th Ave Portland, OR 97202
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