6204 NE 8TH Ave, Portland, OR 97211
MULTI_FAMILY - Portland, OR
- Added:
- Jun 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 10 at 6:06 pm
Property Features for 6204 NE 8TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2.5
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2
- Standard status
- Active
- APN
- R311881
- Size
- 2,226 SF
Taxes and HOA fees
- Tax Description
- WOODLAWN HTS, BLOCK 5, LOT 3&5 TL 17800
- Tax Annual Amount
- 2066
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1896
- Number of units
- 2
- Roof type
- Composition
Listing agent Joe Spanish License #1-200205463 (503) 860-2805
Listing office Windermere Realty Trust 2045 NE Martin Luther King Blvd, Portland, OR (503) 284-7755
Listing date Jun 8, 2026
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.
HighLights
- Single‑family home with a permitted basement ADU, featuring two separate 3‑bedroom, 1‑bath living spaces
- Upper level: 3 bed, 1 bath home with oak and maple hardwood floors and an open, functional kitchen
- Basement ADU: fully permitted 3 bed, 1 bath unit with its own private entrance and bright, open floor plan
- Heating: forced air; roof: composition; year built: 1896
- Basement ADU has a projected market rent estimate of about $1,800 per month
Overview
Located in Northeast Portland near the Dekum Triangle between Ainsworth and Dekum, the property places residents close to local dining and neighborhood destinations. The listing notes that the existing layout supports independent day-to-day living for both levels.
For tenants, owner-occupants, or investors seeking flexibility, the configuration can support multigenerational living, guest quarters, or rental use with separate entrances. The zoning is listed as R2.5, and the ADU is described as fully permitted, which may be important for buyers evaluating compliance and use. The home’s split functionality and self-contained lower unit are central to the property’s appeal.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.7k | $21.00 |
| − Vacancy | −$2.4k | −$1.09 |
| EGI | $44.3k | $19.91 |
| − OpEx | −$13.3k | −$5.97 |
| NOI | $31.0k | $13.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.657059
- Latitude
- 45.56767
