1214 SE 179th Ave
Portland, OR 97233
- 2 beds
- 2 baths
- 1,344 sqft
- 4,356 sqft lot
- $319 per sqft
- 1978 build
- – on site
Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available! This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS# 767340896) – $2,495/mo1214 SE 179th Ave (MLS# 206884563) – $1,895/mo17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000. Properties are not current available for individual purchase. Seller carry financing available with terms designed to be covered by the existing rental income—perfect for investors seeking immediate cash flow with upside potential. All three properties are located on the same block and offer stable tenancies with tenants paying RUBS for utilities. One note will secure all properties; Main Street property includes redevelopment potential if structure is removed. Middle housing will allow for up to 25 townhouses or use of zoning with LDR-5. Excellent investment for those looking to hold and cash flow or reposition long-term. All data—including financials, zoning, and rental agreements—to be verified by the buyer. Shown by appointment only and limited showings. Please do not disturb tenants.
Last checked:
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Last updated May 9, 2025
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MLS# 206884563 —
The Building
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Year Built:1978
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New Construction:false
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Architectural Style:Stories2
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Roof:Composition
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Stories:2
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Foundation Details:Slab
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Exterior Description:LapSiding
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Exterior Features:Yard
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Building Area Description:Trio
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Building Area Total:1344.0
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Building Area Calculated:1344
Interior
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Interior Features:GarageDoorOpener, HighCeilings, VaultedCeiling, WalltoWallCarpet
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Upper Level Area Total:1344
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Main St to 179th Ave
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Latitude:45.514125
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Longitude:-122.478516
The Property
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Parcel Number:R258597
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:Level
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Lot Size Range:SqFt3000to4999
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Lot Size Acres:0.1
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Lot Size SqFt:4356.0
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Zoning:LDR-5
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View:false
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 886-9156
- Office phone:
- (888) 814-9613
Taxes
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Tax Year:2024
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Tax Legal Description:ROCKWOOD PK, BLOCK 1, N 32' OF S 155' OF E 140' OF LOT 3
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Tax Annual Amount:2309.78
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Other
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Water Source:PublicWater
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Fuel Description:Other
Appliances
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Appliances:Dishwasher, FreeStandingRange, FreeStandingRefrigerator
Schools
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Elementary School:Alder
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Middle Or Junior School:H.B. Lee
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High School:Reynolds
The Community
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Senior Community:false
Parking
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Attached Garage:true
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Garage Type:Attached,TuckUnder
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Garage Spaces:2.0
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Parking Total:2.0
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Parking Features:Driveway
Monthly cost estimate

Asking price
$430,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,302
|
Taxes | $192 |
Insurance | $118 |
Utilities | $134 See report |
Total | $2,746/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/9/25
May 9, 2025
|
Listed / Active | RMLS | $430,000 |