Triplex with Detached
For Sale
$770,000
144 SE 85TH Ave, Portland, OR 97216
MultiFamily, Portland, OR
Property SizeContact for details
Lot Size0.23 Acres
Days on Market229
Property Features for 144 SE 85TH Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 3
Subdivision
MONTAVILLA
Elementary school
Vestal
Middle school
Harrison Park
High school
Leodis McDaniel
Directions
Between E Burnside and SE Stark on SE 85th Ave
Standard status
Active
APN
R284669
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
TERRACE PK, BLOCK 7, LOT 1&2
Tax Annual Amount
8819
Legal Description
TERRACE PK, BLOCK 7, LOT 1&2
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Roof type
Metal, Composition
Buildings
2
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
John McKay · License #201207149
(503) 702-5529
Added: Mar 19
Changed: Oct 25
Last Checked: Nov 2 at 3:06PM
MLS# 502946846
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.
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Investment Insights
Based on property information with market context.
This R5-zoned triplex combines two living areas within the primary residence with a detached cottage converted from the former shop. The property contains seven bedrooms in the main structure plus a separate one-bedroom, one-bathroom cottage, with each living space equipped with its own kitchen, washer/dryer, and water heater. Built in 1950, the property includes forced-air heating, central air, and metal and composition roofing.
The 0.23-acre corner lot is located in Portland’s Montavilla neighborhood and carries a 98 Bike Score. The setting provides access to freeways, shopping, dining, and transportation, with Mt. Tabor nearby. A lot partition is nearly complete, subject to utility adjustments. The property is tenant occupied; showings must be coordinated without disturbing residents.
The 0.23-acre corner lot is located in Portland’s Montavilla neighborhood and carries a 98 Bike Score. The setting provides access to freeways, shopping, dining, and transportation, with Mt. Tabor nearby. A lot partition is nearly complete, subject to utility adjustments. The property is tenant occupied; showings must be coordinated without disturbing residents.
Key Highlights
- Triplex configuration with two living areas in the main residence and a detached cottage
- Seven bedrooms in the primary structure plus a one‑bedroom, one‑bathroom cottage
- Each living space has a kitchen, washer/dryer, and water heater
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
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Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied income property with separate kitchens, laundry, and water heaters serving each living space.
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 $770,000.
What are key features of this property?
This property features: Triplex configuration with two living areas in the main residence and a detached cottage; Seven bedrooms in the primary structure plus a one‑bedroom, one‑bathroom cottage; Each living space has a kitchen, washer/dryer, and water heater
