Listing provided courtesy of eXp Realty, LLC- MLS# 24376013MLS ProviderContact Information: 503-313-8806

2309 SE 90TH AVEPortland, OR 97216

Multi-Family · 0.34 Acres
$1,068,900 Active

2309 SE 90TH AVE Overview

Time on Site:
590 days
Visits:
9

This is the kind of place that makes you smile when the rent checks come in. One solid little house and a hardworking triplex, all sitting together on one tax lot, quietly doing what good property is supposed to do'pay you back from day one. It's fully rented, well cared for, and already cash flowing, so there's no scrambling or guessing when you take the keys. The numbers pencil out, the location keeps tenants happy, and there's room to grow as time goes on. Live in one and let the others help pay the mortgage, or tuck it into your portfolio and let it do its thing year after year. Trustee is a licensed Real Estate Agent in Oregon Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242480

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2309 SE 90TH AVE Facts & Features

  • Type Multi-Family
  • Lot 0.34 Acres

Details

General

School Information

  • Elementary School: Clark
  • Middle Or Junior School: Harrison Park
  • High School: Leodis McDaniel

Income/Expenses

  • Gross Income: 101400.0
  • Gross Scheduled Income: 102400.0
  • Net Operating Income: 63768.0
  • Operating Expense: 37632.0

Building Information

  • Year Built: 1996

Location/Region

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

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 16212.46
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R106037
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: RM2

Interior

Parking Information

  • Garage Spaces: 4.0

General Information

  • Basement: Unfinished
  • Cooling: None
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage,Paved
  • Parking Total: 4.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Square Feet: 14810.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2309 SE 90TH 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.

2309 SE 90TH 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.

2309 SE 90TH 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

2309 SE 90TH AVE History

Date Event Value Agent
5/27/2025Source: Regional MLS Price Reduction
$1,068,900 -2.7%
4/2/2025Source: Regional MLS Price Reduction
$1,099,000 -11.3%
3/26/2025Source: Regional MLS Price Reduction
$1,239,000 -4.3%
11/17/2024Source: Regional MLS Added to Database
November 17, 2024