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144 SE 85TH Ave, Portland, OR, 97216
Multifamily Property with Detached Cottage

144 SE 85TH Ave Portland, OR 97216

For Sale
$770,000

MULTI_FAMILY - Portland, OR

Lot Size0.23 Acres
Days on Market134

Property Features for 144 SE 85TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 8
Bathrooms 3
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Standard status Active
APN R284669
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description TERRACE PK, BLOCK 7, LOT 1&2
Tax Annual Amount 8819

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
Listing Agency: Premiere Property Group, LLC
Listed By: John McKay
Added: Mar 19 Changed: Jul 28 Last Checked: Jul 30 at 12:06AM
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.

Investment Insights

Based on property information with market context.

This tenant-occupied multifamily property includes a main home configured into two separate living spaces, plus a detached unit converted from a former shop. The main home provides multiple individually rented spaces, with a total of four bedrooms on the main level and three bedrooms on the lower level. The detached unit is described as a one-bedroom, one-bathroom cottage with tall ceilings. In total, the property is set up for eight income-producing tenants, and each unit is equipped with its own kitchen, washer/dryer, and water heater.

Set on a spacious corner double lot in the Montavilla area, the property benefits from convenient access to freeways, shopping, dining, and transportation. The listing notes a 98 Bike Score and proximity to Mt Tabor.

The sellers report that a lot partition is nearly completed, with only utility adjustments remaining. The configuration and nearly finished partition are intended to support flexibility for future expansion or redevelopment. Please do not walk the property or disturb tenants.

Key Highlights

  • Split into two units plus a detached shop‑converted cottage, creating 8 income‑producing tenants
  • Configured for 7 total bedrooms in the main home (4 on the main level, 3 on the lower level)
  • Detached cottage is a 1‑bedroom, 1‑bath unit with tall ceilings

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Law Firm Tech Support Center Home Appliance Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied multifamily on a corner double lot with multiple kitchens, in-unit washer/dryer, and water heaters.
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: Split into two units plus a detached shop‑converted cottage, creating 8 income‑producing tenants; Configured for 7 total bedrooms in the main home (4 on the main level, 3 on the lower level); Detached cottage is a 1‑bedroom, 1‑bath unit with tall ceilings
More about this property
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