The Yamhill is a 9 unit multifamily asset located in Portland‘s highly walkable Goose Hollow neighborhood. Originally constructed in 1902, the property has benefited from decades of system upgrades and ongoing reinvestment, positioning it today as a modernized historic asset rather than a heavy capital vintage property. The asset was previously marketed at $2,645,000 and has been strategically reintroduced to the market at a reduced price of $1,925,000 representing a ~27.2% basis reset.
Multi-familyProperty Type
1902Year Built
5,227 sq ftLot Size
$192Price/Sq.Ft.
Listed by Jude Soldati• SMI Commercial Real Estate LLC
King's Hill Historic District, located between SW Burnside St and Washington Park, is a historic and residential Portland neighborhood with grand Victorian-era mansions and steep, tree-lined streets. The neighborhood’s character concentrates around NW 23rd Ave and W Burnside St, where sidewalk patios, indie boutiques, and corner cafes set a polished, walkable rhythm. Architectural details read like a catalog of Portland’s late-19th-century ambitions, from ornate porches to brick apartment houses. The hillside geography frames city views and short blocks that climb toward the park. Cultural touchstones nearby include the Portland Art Museum, Providence Park, and the International Rose Test Garden. Daily life leans toward strolling, transit rides, and lingering in small-scale streetscapes.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Basement storage
Full basement
Bedrooms
Six 3-bedroom units
One 2-bedroom unit
Two 1-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Ranges in units
Refrigerators in units
Laundry & utility
Hot water: Other
Flooring
Wood floors in units
Heating & cooling
Heating: Other
No central heating indicated
No cooling indicated
Exterior features
Shingle roof
Decks on some units
Other exterior details
Home design
Multi-family property
Not attached
Parking
On-street parking
Security
Entry security feature
Construction
Built in 1902
Total building area approximately 10,422
Utilities
Electricity fuel
Public water
Public sewer
HOA & community
Zoning: RM4
Financial info
Nine total units
Unit type rents: Six 3-bed units rent $2,129 each; one 2-bed unit rents $1,375; two 1-bed units rent $1,322 each
Other
Parcel number R193334
Electricity and solar
View estimated energy costs and solar savings for this home
The RM4 zone is a high density, urban-scale multi-dwelling zone applied near the Central City, and in town centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended to be an intensely urban zone with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets, with buildings located close to sidewalks with little or no front setback. This is a mid-rise to high-rise zone with buildings of up to seven or more stories. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Jan 16, 2026 • Final
Mechanical
HVAC
Feb 22, 2023 • Final
Mechanical
Gas
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97035
Average low and high temperatures (°F)
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76
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62
49
52
44
50
42
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2167 SW Yamhill St
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.