#547322813, Steve Roesch, Listing office: NextHome Realty Connection
Property details
About 8805 SE 17th Ave
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 4.07% 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 4 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.
Highlights
Home typeOther
HeatingForced Air
StatusActive
Size4,536 sqft
Lot size0.12 Acres
Year built1968
ParkingCarport, Street Parking
MLS #782010914
Garage6 spaces
Summary
- Basement: No
- Garage Space: 6 spaces
- Attached Garage: No
- Parking: Carport, Street Parking
- Heating: Forced Air
- List Price: $1,270,000
- Price/SqFt: $279
- Annual Tax Amount: $10,189
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: SE Corner of 17th and Linn St.
- Year Built: 1968
- Stories: 2
- Living Area: 4,536 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 782010914
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Premiere Property Group, LLC
- Office Phone: (503) 670-9000
- Listing Agent: Mary Gedrose, Greg Whistler
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 1:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 25, 2002 | Home Sold | $331,250 |
| Jun 30, 1995 | Home Sold | $172,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $384,540 | $10,189 |
| 2022 | $373,340 | $9,969 |
| 2021 | $362,470 | $9,969 |
| 2020 | $351,920 | $9,800 |
| 2018 | $331,720 | $8,405 |
| 2017 | $322,060 | $8,055 |
History based on county public records data.
Nearby schools
9
Capitol Hill Elementary School
Public District KG-5
0.2 mi
•8401 SW 17th Ave
10
Rieke Elementary School
Public District KG-5
1.0 mi
•1405 SW Vermont St
10
Stephenson Elementary School
Public District KG-5
1.5 mi
•2627 SW Stephenson 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 $76,667. The most common annual income of people living in Portland, OR is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
45%
35k-100k
28%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
8%
Single, with Kids
22%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
29%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Yoga/pilates
Where do the neighbors shop?
IKEA
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Chipotle
Dominos Pizza
Starbucks
What do the neighbors drive?
Jeep
Mazda
Audi
What do the neighbors listen to?
Alternative
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8805 SE 17th Ave
The listing price of 8805 SE 17th Ave property is $1,270,000.
The property 8805 SE 17th Ave is a house located in Portland, Oregon, 97202.
Active Listing: 8805 SE 17th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8805 SE 17th Ave are: Capitol Hill Elementary School (GreatSchools Rating 9/10), Rieke Elementary School (GreatSchools Rating 10/10), Stephenson Elementary School (GreatSchools Rating 10/10), Jackson Middle School (GreatSchools Rating 5/10), Robert Gray Middle School (GreatSchools Rating 6/10), Sellwood Middle School (GreatSchools Rating 7/10), Riverdale High School (GreatSchools Rating 8/10), Ida B. Wells High School (GreatSchools Rating 8/10), Lake Oswego High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $10,189 (source: MLS/based on county public records data).
The last sale was on July 25, 2002 for $331,250 (source: MLS/tax record).
The property at 8805 SE 17th Ave has 0 bathroom.
The property 8805 SE 17th Ave is 4,536 SqFt (source: MLS/tax record).
The year of construction for 8805 SE 17th Ave is 1968.
This home is located at 8805 SE 17th Ave in Portland, OR and zip code 97219 in the Markham neighborhood. This 4,536 square foot home, which was built in 1968, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $1,270,000.
While more than 355 listings in Portland, OR in June 2025 were sold above asking price, there were more than 190 listings sold at asking price, and more than 352 were sold below. The number of listings in Portland, OR increased by 4.6% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $551,126 during the same period.
From Rocket Homes Real Estate and based on county public records data.