#791139750, Phong Tran, Listing Office: Real Broker
8244 NE Multnomah St Portland, OR 97220
Property details
About 8244 NE Multnomah St
CASH ONLY **Prime Investment Opportunity in Portland!** 8244 NE Multnomah St, Portland, OR 97220 Attention investors! 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!
Highlights
Summary
- MLS Number: 24539876
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: MORE Realty
- Office Phone: (503) 307-7577
- Listing Agent: Kristin Sholes
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Last updated on: 3/15/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$269,900
8244 NE Multnomah St
$3,205
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 30, 1999 | Home Sold | $92,500 |
Jan 01, 1992 | Home Sold | $25,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $98,810 | $2,618 |
2022 | $95,940 | $2,561 |
2021 | $93,150 | $2,561 |
2020 | $90,440 | $2,518 |
2018 | $85,260 | $2,160 |
2017 | $82,780 | $2,070 |
History based on county public records data.
Nearby schools
7
Vestal Elementary School
Public District KG-5
0.5 mi
•161 NE 82nd Ave
4
Jason Lee Elementary School
Public District EE-5
0.7 mi
•2222 NE 92nd Ave
8
Portland Arthur Academy Charter School
Public Charter KG-5
1.1 mi
•7507 SE Yamhill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,685. Most Portland, OR residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 8244 NE Multnomah St
This home is located at 8244 NE Multnomah St in Portland, OR and zip code 97220 in the Lee Bow Park neighborhood. This 620 square foot home, which was built in 1912, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 4, 2024 and is currently priced at $269,900.
In February 2025, from all listings sold in Portland, OR there were more than 211 sold above asking price, over 232 sold below and more than 155 were sold right at the asked price. In February 2025 in Portland, OR there were 5.5% more homes for sale than in January. In February 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $546,710.