144 SE 85th Ave

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Strong investment opportunity with immediate income potential in Montavilla! This property, situated on a double lot with excellent development upside, was purchased as a gorgeous mid-century with a shop. The home is split into two units, in addition to the shop converted into a cottage. The main home has been configured into two separate living spaces, offering seven total bedrooms – four on the main level and three on the lower – each rented individually. The former shop has been transformed into...Strong investment opportunity with immediate income potential in Montavilla! This property, situated on a double lot with excellent development upside, was purchased as a gorgeous mid-century with a shop. The home is split into two units, in addition to the shop converted into a cottage. The main home has been configured into two separate living spaces, offering seven total bedrooms – four on the main level and three on the lower – each rented individually. The former shop has been transformed into a detached one-bedroom one-bathroom unit with tall ceilings, bringing the total to eight income-producing tenants. Each unit is equipped with its own kitchen, washer/dryer, and water heater. Positioned on a spacious corner lot, this property offers significant flexibility for future expansion or redevelopment with possibility of building a new home in front of the detached extended living space. Sellers have nearly completed the lot partition – only utility adjustments to be finalized. Located in the vibrant Montavilla neighborhood with a 98 Bike Score, enjoy easy access to freeways, tons of shopping, dining, transportation, plus convenient to all that Mt Tabor has to offer! Tenant occupied, please DO NOT walk property or disturb tenants.
  1. Listed by John McKay • Premiere Property Group, LLC
  2. Listed by Renee King • Premiere Property Group, LLC

Property Details for 144 Southeast 85th Avenue

Subdivision
MONTAVILLA
Parking Features
Driveway
Zoning
R5
LISTING UPDATED: 05/11/2026 02:48 AM

Property Details for 144 Southeast 85th Avenue

StatusPending
MLS #502946846
Days on Market51
Taxes$8,819 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size0.23 AC / 10,018 SF
CountyMultnomah County

Location

Listing Courtesy of Premiere Property Group, LLC
Add your commute

Building Information for 144 Southeast 85th Avenue

Stories2Residences3Year Built1950Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$4,721 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,986

Property Taxes

$735

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 144 Southeast 85th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Between E Burnside and SE Stark on SE 85th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Vestal
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $8,819.06
  • Parcel Number: R284669
  • Tax Legal Description: TERRACE PK, BLOCK 7, LOT 1&2
Property
Lot Information
  • Acres: 0.23
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 10018.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1950
Utilities
  • Cooling Description: Central Air, Mini Split
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Mini Split
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Roof Type: Composition, Metal
Interior Features
  • Basement: Finished
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $53,400.00
  • Gross Rent Multiplier: $14.98
  • Investor Information: According To Owner
  • Net Income Actual: $44,580.00
  • Operating Expense: $8,820.00
  • Security Features: Security Lights
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Air Conditioning, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,500
  • Unit Type 1 SqFt: 1522.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,950
  • Unit Type 2 SqFt: 1522.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Air Conditioning, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,000
  • Unit Type 3 SqFt: 925.0
  • Unit Type 3 Units Total: 1

Property History for 144 Southeast 85th Avenue

DateEvent & SourcePriceAppreciation
Oct 15, 2018

Sold (Public Record)

Public Record #632908631

$525,000
DateEvent & SourcePrice
10/15/2018

Sold (Public Record)

Public Record #632908631

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 144 Southeast 85th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$8,819 ($735 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,522 SqFtAbove Grade Finished SqFt1,522 SqFtUnfinished Basement SqFt1,522 SqFtStories1Lot Size10,000 SqFtStyleSingle Family ResidenceYear Built1950ZoningR5CountyMULTNOMAHAPN1N2E33CC 03200Fireplace TypeHas Fireplace

Schools near 144 Southeast 85th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Vestal Elementary School
PublicK to 5

Harrison Park School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/11/2026 02:48 AM