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$1,270,000
4 Days On Site

8805 SE 17TH AVE
Portland, OR 97202

For Sale|Multi Family|Active
7
Beds
7
Total Baths
4,536
SqFt
$280
/SqFt
1968
Built
Subdivision:
SELLWOOD - MORELAND
County:
Multnomah
Listing courtesy of Mary Gedrose of Premiere Property Group, LLC 5037056000
Call Now: 971-804-4618
Is this the listing for you? We can help make it yours.
971-804-4618
8805 SE 17TH AVE8805 SE 17TH AVE8805 SE 17TH AVE8805 SE 17TH AVE
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Monthly Payment (Est.)

$5,794
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An exceptional investment opportunity in one of Portland’s most desirable and walkable neighborhoods—Sellwood-Moreland. This fully leased 5-unit multifamily property offers consistent cash flow, long-term tenants, and excellent proximity to parks, schools, shops, and transit.The property sits on a corner lot and features a strong unit mix. Four 2BR/1.5BA townhomes offer two levels, private entrances, in-unit laundry, walk-in closets, private balconies, LVT flooring (in many), celling fans, tenant storage, and dedicated carports. The fifth unit is a 1BR/1BA single-level flat with its own washer/dryer, LVT flooring throughout, storage space, and private carport—ideal for a professional tenant.All five units are currently rented to long-term tenants, minimizing vacancy and turnover. The property is well-maintained and operating at a 4.07% cap rate with future upside through rent increases or light cosmetic updates. RM1 zoning offers future development flexibility.Sellwood-Moreland is a vibrant, eclectic neighborhood with tree-lined streets, charming shops, and strong community appeal. Easy access to downtown, MAX Orange Line, and Springwater Corridor.Near Sellwood Park, Oaks Bottom Wildlife Refuge, Oaks Amusement Park, and Sellwood Riverfront Park. Just 4 minutes from the prestigious Waverley Country Club.Close to New Seasons Market, local cafés and restaurants, Reed College, Lewis & Clark, OHSU, and top-rated public schools.Walk Score: 74 | Bike Score: 95A rare, turnkey 5-plex in one of Portland’s most established and sought-after neighborhoods—perfect for investors seeking stability, growth, and location.Fully occupied- Do not disturb tenants.

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Listing Snapshot
Price 
$1,270,000
Days On Site 
4 Days
Bedrooms 
7
Inside Area (SqFt) 
4,536 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1968
MLS® Number 
782010914
Status 
Active
Property Tax 
$10,597.01
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
6
Number Of Stories 
2
Parking 
CarportOff Street
Parking Spaces 
6
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4536
Water Source 
Public
Zoning 
R1D
Interior Features
Basement 
None
Heating 
Forced Air
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Exterior Features
Construction Details 
StoneStucco
Lot Features 
Corner LotLevel
Roof 
Flat
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_143
Roads 
Concrete
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Sellwood
High School
Unknown
Listing courtesy of Mary Gedrose of Premiere Property Group, LLC 5037056000

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The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-07-10 09:47 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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