Estimated payment $1,656/month
PRICE REDUCED! **Prime Investment Opportunity in Portland!** 8244 NE Multnomah St, Portland, OR 97220 Attention investors!Cash Only. This 1912 cottage, situated on a generous 5,650 sq. ft. lot, offers incredible potential for development or renovation. With 2 bedrooms (1 possibly non-conforming), 1 bathroom, and a deep 1-car detached garage, this property is the perfect canvas for your next project.Featuring vinyl windows and siding, plus partial basement storage under the house, the groundwork is already in place. Surrounded by newer homes, this property presents an excellent opportunity to increase its value in a growing neighborhood. convenient to public transportation and I-84, this home is in a prime spot for commuters, making it even more attractive for rental or resale. Don’t miss out on this fixer with tons of upside!
Listing Agent
MORE Realty Brokerage Phone: 503-307-7577 License #200511267 Listed on: 10/03/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Laundry
Accessible Home Design
Schools
Utilities
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,723 | $98,810 | $0 | $0 |
| 2022 | $2,562 | $95,940 | $0 | $0 |
| 2021 | $2,519 | $93,150 | $0 | $0 |
| 2020 | $2,310 | $90,440 | $0 | $0 |
| 2019 | $2,226 | $87,810 | $0 | $0 |
| 2018 | $2,160 | $85,260 | $0 | $0 |
| 2017 | $2,071 | $82,780 | $0 | $0 |
| 2016 | $1,895 | $80,370 | $0 | $0 |
| 2015 | $1,845 | $78,030 | $0 | $0 |
| 2014 | $1,817 | $75,760 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Price Changed | $259,900 | -3.7% | $419 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $269,900 | 0.0% | $435 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/15/2025 03/15/25 | Price Changed | $269,900 | 0.0% | $435 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $269,900 | -3.6% | $435 / Sq Ft |
| 02/16/2025 02/16/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | Price Changed | $279,900 | -6.7% | $451 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $299,999 | -- | $484 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | -- | Fidelity Natl Title Co Of Or | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $92,500 | Transnation Title Insurance | |
| Warranty Deed | $25,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,000 | New Conventional | |
| Closed | $146,500 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $94,350 | VA |
$300,000
Opportunity knocks in Southeast Portland! This 3-bedroom, 1-bath home is ready for a new chapter and offers a solid foundation for your next project. There is genuine potential waiting to be uncovered. Original hardwood floors run throughout the main living areas—just imagine the warmth and beauty once restored. The spacious living room features a classic brick fireplace, offering a great
Nick Shivers Keller Williams PDX Central
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Attention investors, builders, and visionaries! This spacious 0.24-acre lot is a heavy fixer with primary value in the land—offering a fantastic opportunity for redevelopment or major renovation. 230 & 228 160th Ave are being sold together, providing even more potential for expansion or new construction. The existing 3-bedroom, 2-bathroom home has a living room with a gas fireplace, but
Nick Shivers Keller Williams PDX Central
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HUGE Opportunity! CASH ONLY. This 2-bedroom, 1-bath home with a detached ADU sits on a fully usable, level corner lot just blocks from Brentwood Park and the vibrant Woodstock district. Whether you're an investor, builder, or buyer with vision, this property offers the perfect canvas to build equity through renovation. The detached ADU adds incredible flexibility—ideal for rental income, guest
Wendy Foster Reger Homes, LLC
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Aggressive $26K Price Reduction. Priced to move! Bring all offers. Well-maintained and thoughtfully updated home in a highly convenient location near freeway access, the airport, and the Columbia River. Inside, enjoy gorgeous hardwood floors, newer interior paint, and a kitchen with granite counters. The bathroom has tile finishes for a clean, modern feel. A fully permitted shop was added in
Nicole Richards eXp Realty, LLC
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Jennifer Fidler Opt
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Gabe Terreson Savi Realty, Inc.
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Calling Investors and Rehabbers! This one is for you. Nestled on a quiet, private, quarter acre, fenced lot, this cute cottage is just waiting for your updates to bring out its charm. Loads of potential in the full basement (with high ceilings) and finished attic space. The bedrooms have hardwood floors, and there might be hardwoods under the carpet in the living room (buyer to verify). The
Shawna Thompson MORE Realty
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Short sale bank approved price @ $249,000! Welcome to this charming starter home. Bring your interior designer to add your finishing touches! This cozy home features a spacious bedroom with a private balcony, perfect for enjoying the outdoors. The bright living room is inviting, complete with a warm fireplace, making it the perfect space to relax. The ample yard is surrounded by a charming picket
Michele Montoya MORE Realty
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Short sale approval pending. Nestled on a spacious corner lot, this fully gated 3-bedroom, 2-bathroom home offers not only security but also serenity. Imagine the possibilities with three sheds for ample storage, room for parking. No HOA means freedom to make this home truly yours. Don't miss out, come and explore all that this property has to offer today! Short Sale Approval Pending. Buyer to
Polina Vdovich MORE Realty
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24539876
APN: R205446
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