Listing provided courtesy of Realty Marketing / Northwest- MLS# 489344364MLS Provider

844 SE 117TH AVEPortland, OR 97216

Multi-Family · 2,688 Sq. ft. | 0.12 Acres
Active

844 SE 117TH AVE Overview

Time on Site:
70 days
Visits:
2

This duplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Built in 2005, this attractive two-story duplex with a fenced yard is located on the corner of SE 117th and SE Yamhill, near SE Stark and SE 122nd Avenue, within walking distance to Ventura Park. Each unit features two bedrooms, two-and-a-half baths, and a den that could serve as a third bedroom or office, along with a single-car garage. One tenant has occupied their unit for four years. Projected 2026 gross income is $44,820, with real estate taxes of $8,040. The landlord covers water, sewer, trash, and landscaping.This property offers a well-located, income-producing opportunity with functional unit layouts and stable tenancy in Southeast Portland.

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844 SE 117TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,688
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Ventura Park
  • Middle Or Junior School: Floyd Light
  • High School: David Douglas

Income/Expenses

  • Gross Income: 44820.0
  • Net Operating Income: 34187.0
  • Operating Expense: 10633.0

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: MILL PARK

Community/Development

  • Community Features: All Landscaping,Front Yard Landscaping

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 8040.8
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash
  • Parcel Number: R293613
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: R2.5

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2688.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Attached,Garage

Lot Information

  • Lot Features: Level,Public Road
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

844 SE 117TH AVE Neighborhood

Community

97216 (Portland) Demographics

38
Median Age
7,001
Population Density (per sq. mile)
43%
College Educated
$55,795
Estimated Median Income
4,081
Estimated Total Home Owners
2,920
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

844 SE 117TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

844 SE 117TH AVE Market Data

Based on the last 30 days in this zip code

$389,690
Average List Price
$288
Average Price per Square Foot
22
Properties Sold
116
Average Days on Market
63
Properties for Sale
Calculations provided by Reliance Network

844 SE 117TH AVE History

Date Event Value Agent
4/21/2026Source: Regional MLS Added to Database
April 21, 2026