8805 SE 17th Ave

$1,249,900
Price
Beds
Baths
4,536 Sq. Ft.
$276 / Sq. Ft.
4,536
Sq. Ft.
$276
per Sq. Ft.

Description

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...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 4.14% 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 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.
  1. Listed by Mary Gedrose • Premiere Property Group, LLC
  2. Listed by Greg Whistler • Premiere Property Group, LLC

Property Details for 8805 Southeast 17th Avenue

Subdivision
SELLWOOD - MORELAND
Parking Features
Carport, Off Street
Zoning
R1D
Garage Spaces
6.00
Parking Total
6.00
LISTING UPDATED: 10/10/2025 11:12 AM

Property Details for 8805 Southeast 17th Avenue

StatusActive
MLS #782010914
Days on Market161
Taxes$10,597 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Location

Listing Courtesy of Premiere Property Group, LLC
Add your commute

Building Information for 8805 Southeast 17th Avenue

Stories2Residences5Year Built1968Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$7,059 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,176

Property Taxes

$883

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8805 Southeast 17th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Corner of 17th and Linn St.
  • Road Surface: Concrete
School Information
  • Middle Or Junior School: Sellwood
Taxes and HOA
  • Tax Annual Amount: $10,597.01
  • Parcel Number: R268169
  • Tax Legal Description: SELLWOOD, BLOCK V, LOT 8
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Corner Lot, Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1968
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Stone, Stucco
  • Roof Type: Flat
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $88,140.00
  • Gross Rent Multiplier: $14.18
  • Net Income Actual: $51,749.00
  • Operating Expense: $36,749.00
  • Storage: Attached, Locked
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 4536
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 1.10
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Storage, Washer Dryer
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 1009.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 1.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Storage, Washer Dryer
  • Unit Type 2 Rent: $1,750
  • Unit Type 2 SqFt: 1009.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 1.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator, Storage, Washer Dryer
  • Unit Type 3 Rent: $1,695
  • Unit Type 3 SqFt: 1009.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator, Storage, Washer Dryer
  • Unit Type 4 Rent: $1,465
  • Unit Type 4 SqFt: 500
  • Unit Type 4 UnitsTotal: 1

Property History for 8805 Southeast 17th Avenue

DateEvent & SourcePriceAppreciation
Jul 25, 2002

Sold (Public Record)

Public Record #96941409

$331,250
DateEvent & SourcePrice
07/25/2002

Sold (Public Record)

Public Record #96941409

$331,250

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

Public Records for 8805 Southeast 17th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$10,597 ($883 / month)
Home Facts
Baths5Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt4,536 SqFtFinished Basement SqFt504 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1968ZoningR1DCountyMULTNOMAHAPN1S1E26AB 03000

Schools near 8805 Southeast 17th 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 8
Rating
School
Distance
Duniway Elementary School
PublicK to 5

Sellwood Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Portland Village School
CharterK to 8

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.

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8805 Southeast 17th Avenue is a multi-family home for sale in Portland, OR 97202. This property was listed for sale on July 7, 2025 by Premiere Property Group, LLC, it's currently listed at $1,249,900. It has been on the market for a total of 161 days and was last sold on July 25, 2002. This listing's school district is Portland School District 1j. Nearby schools include Duniway Elementary School, Sellwood Middle School and Cleveland High School. 8805 Southeast 17th Avenue is a 0-bed, 0-bath, 4,536 sqft multi-family home built in 1968.

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 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

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