Estimated payment $6,931/month
LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves for all of the units and a mini-split in one of the units. The basement has coin-operated laundry and storage lockers for each unit. Three of the tenants are on month-to-month agreements, one lease ends June 30, 2025 and one ends July 31, 2025. Please do not disturb the tenants.
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Building Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | For Sale | $1,095,000 | +25.1% | $321 / Sq Ft |
| 08/10/2015 08/10/15 | Sold | $875,000 | 0.0% | $189 / Sq Ft |
| 07/15/2015 07/15/15 | Pending | -- | -- | -- |
| 03/02/2015 03/02/15 | For Sale | $875,000 | -- | $189 / Sq Ft |
$750,000
Investor's Dream on Prime Corner Lot – Development Opportunity!Located at the highly visible corner of SE 88th Ave and Holgate Blvd, this rare offering includes three tax lots poised for immediate value-add potential. With Portland’s strong emphasis on infill development, a minor lot line adjustment between lots 8 and 9 would yield three 4-plex buildable lots, each approximately 4,236.51 sq ft.
Merilee Lloyd Mal & Seitz
$209,999
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
$203,999
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
$231,999
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
$189,999
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
$599,000 Pending
Welcome to this incredible 3 bedroom, 3 bathroom home sitting on a gardener's paradise. The kitchen and bathrooms have been remodeled. The island in the kitchen is floating, so it can be rearranged in different ways. A covered deck off the dining area overlooks the garden and territorial view and beautiful sunsets. The main level has the primary bedroom, which is oversized with double
Merilee Lloyd Mal & Seitz
$455,000 Pending
This charming ranch home is just waiting for a new owner to make it their own. With 3 bedrooms and 2 full bathrooms and a unique walk-in closet in the primary room, this is an excellent choice for 1-level living. The large living/ dining room opens onto a deck and flat, .17 acres. Enjoy the AC this summer and cozy gas furnace in the winter. Come make this your home today!
Merilee Lloyd Mal & Seitz
$227,000 Sold Jun 23, 2025
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
$247,999 Sold May 30, 2025
Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need.The newly updated kitchen comes equipped with brand-new appliances,
Merilee Lloyd Mal & Seitz
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 718411460
APN: 1S1E02AD 20000
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