8451 Se Foster Rd, Portland, Oregon 97266

OR, Portland
$1,250,000
  • 0.20 Acre
  • MultiFamily Property Type
  • 1975 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Discover A Prime Investment Opportunity In Southeast Portland With This Well-maintained 7-unit Multifamily Property Located In The Vibrant Lents Neighborhood. Originally Built In 1973, This Property Offers A Balanced Unit Mix Of Three 2-bedroom Apartments And Four 1-bedroom Apartments, Appealing To A Wide Range Of Renters. Positioned Conveniently Along A Major Bus Line, Residents Enjoy Easy Access To Public Transportation, Local Shops, Dining, And Neighborhood Amenities, Making It A Desirable And Accessible Location. This Asset Offers Investors Solid Financial Performance, Featuring A Cap Rate Of 5.12 And An Noi Of $9,137 Per Door. Priced Competitively At $1,250,000, It Presents An Excellent Balance Of Stable Cash Flow And Long-term Appreciation Potential Within One Of Portland’s Continually Improving Submarkets.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 212865825
  • Price: $1,250,000
  • Year Built: 1975
  • Lot Area: 0.20 Acre
  • Status: Active
  • Office Name: John L. Scott Portland Central
  • Agent Name: Doug Landers
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System Wall Unit
  • Basement Crawl Space
  • Parking Assigned,Off Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Multnomah
  • City Portland
  • Zipcode 97266
  • Street: FOSTER
  • Street Number: 8451
  • Street Suffix: RD
  • Longitude: W123° 25' 27.5''
  • Latitude: N45° 28' 55.5''
  • Street Dir Prefix: SE
  • Zoning: CM3
  • Mls Area Major: _143
Neighborhood
  • Elementary School: Marysville
  • High School: Franklin
  • Middle School: Kellogg
Additional Information
  • Stories: 2
  • Water Source: Public Water
  • Building Size: 5225
  • Community Features: Laundry
  • Foundation Details: Concrete Perimeter
  • Number Of Units Total: 7
  • On Market Date: 2026-02-12
  • Rent Includes: Maintenance Grounds, Trash Collection
Financial
  • Tax Annual Amount: 8716.7
Listing Information
  • Co List Agent Full Name: Maddie Landers
  • Co List Agent Mls Id: LANDERSM
  • Co List Office Mls Id: JLSP50
  • Co List Office Name: John L. Scott Portland Central
  • List Agent Mls Id: DLANDERS
  • List Office Mls Id: JLSP50
  • Listing Term: Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-02-13T23:18:39Z
  • Originating System Name: RMLS
19°C Lents
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