223 NE 78th Ave

Portland, OR 97213

$849,500
Last Sold Price
—
Beds
—
Baths
2,424 Sq. Ft.
$350 / Sq. Ft.
2,424
Sq. Ft.
$350
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 10/30/23
Sold 10/30/23
a view of a back yard with plants and large trees

Description

Great 3-plex in the Montavilla/Tabor area. Each unit is 2 bedroom & 1 bath. Great rental income and solid tenants. CAP is 5.8%!Great 3-plex in the Montavilla/Tabor area. Each unit is 2 bedroom & 1 bath. Great rental income and solid tenants. CAP is 5.8%!
  1. Listed by Greg Whistler • Premiere Property Group, LLC
  2. Listed by Brian Whistler • Premiere Property Group, LLC

Property Details for 223 Northeast 78th Avenue

Subdivision
Mt. Tabor Villa
Zoning
R5a
Garage Spaces
3.00
Parking Total
3.00
LISTING UPDATED: 10/30/2023 02:04 PM

Property Details for 223 Northeast 78th Avenue

StatusSold
MLS #23371010
Days on Market15
Taxes$7,364 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1964
Lot Size-
CountyMultnomah County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Premiere Property Group, LLC

Sold By Realty Works Group

Add your commute

Building Information for 223 Northeast 78th Avenue

Stories1Residences3Year Built1964Building Size-Lot Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,847 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,233

Property Taxes

$614

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 223 Northeast 78th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Burnside, N on 78th to property on corner of 78th & NE Everett
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Vestal
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Harrison Park
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $7,363.69
  • Parcel Number: R222300
  • Tax Legal Description: MT TABOR VILLA, BLOCK 19, LOT 1, N 1/2 OF LOT 2
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1964
  • Property Attached: No
Utilities
  • Fuel Description: Electricity
  • Heating Description: Radiant
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Lap Siding, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 1
  • Cooling: No
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $67,057.00
  • Gross Income Projected: $69,372.00
  • Gross Rent Multiplier: $12.67
  • Investor Information: Annual Property Operation Data, Profit Loss Statement, Rent Records
  • Net Income Actual: $49,524.00
  • Net Income Projected: 47948
  • Operating Expenses Projected: $21,424.00
  • Operating Expense: $17,533.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Commons
  • SqFt Approximate Building Total: 2424
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 808.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Hardwood Floors, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,795
  • Unit Type 2 SqFt: 808.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,762
  • Unit Type 3 SqFt: 808.0
  • Unit Type 3 Units Total: 1

Schools near 223 Northeast 78th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vestal Elementary School
Public - K to 5
Harrison Park School
Public - 6 to 8
Leodis V. McDaniel High School
Public - 9 to 12
Portland Arthur Academy Charter School
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

Explore Nearby 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: 10/30/2023 02:04 PM