8424 Clay st - Multi-Family FOR SALE


Portland, OR 97216
$1,379,900 USD
503-709-4632
8424 Clay st, Portland, OR for Sale
$1,379,900 USD
Multi-Family - FOR SALE
1/17
null | Request Cap Rate

8424 Clay st
Portland, OR 97216


HIGHLIGHTS

  • Investor-friendly 4-plex
  • Efficient townhome layouts
  • Individually metered
  • Private fenced patios

OVERVIEW

Investor-friendly 4-plex in Montavilla anchored by efficient 3BR/2.5BA townhome layouts and a walkable SE Stark corridor location. All four attached homes—approximately 921, 921, 925, and 1,008 sq ft—are individually metered for clean utility pass-through and streamlined operations. Every unit includes a private, fenced patio that helps with resident retention and reduces interior wear, plus ductless mini-splits for energy-efficient year-round heating and cooling to keep utility costs and maintenance predictable. The neighborhood drives demand: dinner and cocktails at The Observatory, rotating taps at Roscoe’s, weekend brunch at Redwood, and coffee and pie at Bipartisan Cafe, with the Academy Theater adding steady evening/weekend foot traffic. Nearby Montavilla Park provides fields and open space, while Mt. Tabor Park offers trails and skyline viewpoints—easy draws for prospective residents. Convenient access to major eastside arterials and nearby MAX connections supports practical commuting across Portland.

FOR SALE DETAILS

PRICE

$1,379,900 USD

PRICE/SF

$365 USD /SF

# OF UNITS

4

PRICE/UNIT

$344,975

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-plex in Montavilla

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RM1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.