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8451 Southeast Foster Road Portland, OR 97266

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For Sale
$1,250,000

7-unit multifamily property in Southeast Portland's vibrant Lents neighborhood.

Type:Multi Family
Property size:
5,225 SF
Added:
Feb 5, 2026
Days on Market:
72
Last Refresh:
Mar 13 at 6:04 pm

Property Features for 8451 Southeast Foster Road

General Information

Standard status
Active
Size
5,225 SF
Property subtype
Multi Family

Building Details

Year Built
1975

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Listing Contact
Doug Landers
Doug Landers

Listing agent Doug Landers License #200903041

Listing office John L. Scott Portland Central

Listing date Feb 5, 2026

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Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of John L. Scott Portland Central


Overview

Multifamily Property in Lents Neighborhood

Located in Southeast Portland's Lents neighborhood, this multifamily property features seven units. Constructed in 1973, the property contains a mix of three 2-bedroom apartments and four 1-bedroom apartments. Situated along a major bus line, the location provides convenient access to public transportation, local shops, dining options, and neighborhood amenities. The property has a cap rate of 5.12 and a net operating income of $9,137 per door. The property size is 5,225 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.5756809
Latitude
45.4820354

FAQs

What type of property is this?
Apartment building - 7-unit multifamily property in Southeast Portland's vibrant Lents neighborhood.
Where is this apartment building located?
The property is located at 8451 Southeast Foster Road Portland, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Solid financial performance with a **5.12 cap rate and $9,137 NOI per door**.; Well‑maintained 7‑unit multifamily property in the Lents neighborhood of Southeast Portland.; Features a balanced unit mix of three 2‑bedroom and four 1‑bedroom apartments.
More about this property
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