144 SE 85TH AVE Portland, OR 97216

Building Details

Year Built

1950

Listing agency Premiere Property Group, LLC t***@mckayhomes.com Show Phone

Listed by John McKay Show Phone

Source Premierepropertygroup

Added: Mar 19 Updated: Jul 20 at 6:01PM Checked: Jul 22 at 3:08AM

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Investment Insights

Based on property information with market context.

This investment property includes a main home configured into two separate living spaces, along with a detached cottage created from a former shop. The main home provides seven bedrooms across two independently rented units, while the detached cottage adds an additional one-bedroom, one-bath unit with tall ceilings, bringing the total to eight income-producing tenants. Each unit is equipped with its own kitchen, washer/dryer, and water heater.

Set on a spacious corner lot in Montavilla, the sellers report the lot partition is nearly complete, with only utility adjustments remaining. The location is described as offering easy access to freeways and convenient proximity to shopping, dining, and transportation, along with access to Mt. Tabor.

Tenant occupied; please do not walk the property or disturb tenants.

Key Highlights

• Multifamily on a corner lot (0.23 acres) with 8 income‑producing tenants across multiple units and a detached cottage conversion.
• Main home split into two separately rented living spaces, totaling 7 bedrooms (4 on the main level and 3 on the lower level).
• Detached one‑bedroom, one‑bath unit converted from a former shop, featuring tall ceilings.

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FAQs

What type of property is this?

Triplex - Multifamily on a corner double lot with eight rental tenants; each unit includes a kitchen, washer/dryer, and water heater.

Where is this triplex located?

The property is located at 144 SE 85TH AVE Portland, OR.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: Multifamily on a corner lot (0.23 acres) with 8 income‑producing tenants across multiple units and a detached cottage conversion.; Main home split into two separately rented living spaces, totaling 7 bedrooms (4 on the main level and 3 on the lower level).; Detached one‑bedroom, one‑bath unit converted from a former shop, featuring tall ceilings.