Listing provided courtesy of Keller Williams Sunset Corridor- MLS# 271936638
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Request Info8309 8315 N DWIGHT AVEPortland, OR 97203
Multi-Family · 6,370 Sq. ft. | 0.58 Acres$1,718,000
Active
8309 8315 N DWIGHT AVE Overview
- Time on Site:
- 154 days
- Visits:
- 10
PRIME INVESTMENT OPPORTUNITY- 8 Plex in a highly walkable Portsmouth Neighborhood on two separate lots, with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 8-unit multifamily property. Situated on 0.58 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features eight 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-operators looking for solid long term assets in a sought after neighborhood.
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8309 8315 N DWIGHT AVE Facts & Features
- Type Multi-Family
- Sq. ft. 6,370
- Price/Sq.ft. $270
- Lot 0.58 Acres
Details
General
School Information
- Elementary School: Rosa Parks
- Middle Or Junior School: Astor
- High School: Roosevelt
Income/Expenses
- Gross Income: 132540.0
- Gross Scheduled Income: 141500.0
- Net Operating Income: 81720.0
- Operating Expense: 50820.0
Building Information
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 141 - Portland North
- Subdivision Name: PORTSMOUTH
Community/Development
- Community Features: All Landscaping,Laundry
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 15025.18
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: R292350
- Property Condition: Unknown
- Property Type: Multi Family
- Zoning: R 5
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 6370.0
General Information
- Basement: Crawl Space
- Cooling: None
- Foundation Details: Concrete Perimeter
- Heating: Forced Air
- Security Features: Security Lights
- Stories: 1
Exterior
Parking Information
- Parking Features: Assigned,Off Street
Lot Information
- Lot Features: Public Road
- Lot Size Acres: 0.58
- Lot Size Square Feet: 25264.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 8
- Sewer: Public Sewer
8309 8315 N DWIGHT AVE Neighborhood
Community
97203 (Portland) Demographics
32
Median Age
3,309
Population Density (per sq. mile)
52%
College Educated
$67,229
Estimated Median Income
7,360
Estimated Total Home Owners
5,445
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.8309 8315 N DWIGHT AVE Monthly Cost
8309 8315 N DWIGHT AVE Market Data
Based on the last 30 days in this zip code
$441,913
Average List Price
$309
Average Price per Square Foot
38
Properties Sold
92
Average Days on Market
137
Properties for Sale
8309 8315 N DWIGHT AVE History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: Regional MLS | $859,000 -1.8% |
|
| 6/2/2026Source: Regional MLS | $1,718,000 -1.8% |
|
| 4/20/2026Source: Regional MLS | $1,750,000 -2.2% |
|
| 4/20/2026Source: Regional MLS | $875,000 -2.2% |
|
| 3/24/2026Source: Regional MLS | $895,000 -3.2% |
|
| 3/24/2026Source: Regional MLS | $1,790,000 -3.2% |
|
| 3/5/2026Source: Regional MLS | March 05, 2026 |
|
| 2/11/2026Source: Regional MLS | $1,849,000 -7.5% |
|
| 1/26/2026Source: Regional MLS | January 26, 2026 |