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Multifamily Property With Attached ADU
For Sale
$799,000

2885 NE COUCH St, Portland, OR 97232

MULTI_FAMILY - Portland, OR

Property SizeContact for details
Days on Market97

Property Features for 2885 NE COUCH St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2.5
Bedrooms 2
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3
Elementary school Buckman
Middle school Hosford
High school Cleveland
Directions NE Couch and 29th
Subdivision _142
Standard status Active
APN R691541

Taxes and HOA fees

Tax Description HAWTHORNES 1ST ADD, BLOCK 17, S 36' OF LOT 8
Tax Annual Amount 8589
Legal Description HAWTHORNES 1ST ADD, BLOCK 17, S 36' OF LOT 8

Utilities

Heating system Zoned

Building Details

Year built 2020
Number of units 3
Listing Agency: Windermere Realty Trust · Windermere Real Estate
Listed By: Michael Jacobson
Added: May 7 Changed: Aug 11 Last Checked: Aug 11 at 6:06PM
MLS# 692900427

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 multifamily property combines a two-bedroom, 2.5-bath main residence with an attached one-bedroom, one-bath ADU. The secondary unit has its own entrance and can support rental income, guest accommodations, or flexible household use. The primary home features a double-primary-suite arrangement, tall ceilings, expansive windows, and energy-efficient systems. Its contemporary kitchen includes stainless steel appliances, slab countertops, and upgraded lighting and plumbing fixtures.

Located at 2885 NE COUCH St in Portland, the property is positioned near restaurants, shops, and other amenities in Northeast Portland. R2.5 zoning is documented for the property. The ADU and two-residence configuration provide a practical setup for an owner occupant seeking additional income or adaptable living space.

Key Highlights

  • Attached 1 bed, 1 bath ADU with private entrance
  • Main residence includes 2 bedrooms and 2.5 baths
  • Double primary suite layout in the main home

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,832
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Owner-occupancy layout pairs a two-bedroom main home with a private-entry one-bedroom ADU.
Where is this multifamily property located?
The property is located at 2885 NE COUCH St Portland, OR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Attached 1 bed, 1 bath ADU with private entrance; Main residence includes 2 bedrooms and 2.5 baths; Double primary suite layout in the main home
More about this property
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