OFF MARKET

Off Market Sep 2025 for $539K

$643,407

•

2 ba

•

1,714

sq ft

2422 SE Nehalem St, Portland, OR 97202

About this home

Incredible opportunity to owner-occupy a duplex in beautiful Sellwood! This well-maintained duplex at 2422 SE Nehalem St offers two spacious units, each featuring 2 bedrooms and 1 bathroom within 850 square feet of living space. Each unit has an outdoor patio for entertaining or extra storage! The 5,000 sqft corner lot gives you lots of room for parking and a shared driveway in case you need more! Built in 1966, the building is constructed with wood and brick, ensuring durability and classic appeal. Each unit includes a cozy fireplace, adding warmth and character to the living areas. Located near Westmoreland Park and Sellwood Park, you can enjoy easy access to parks, restaurants and everything Sellwood has to offer! Don't wait on this one!

Multi-familyProperty Type

1966Year Built

5,227 sq ftLot Size

$375Est. Price/Sq.Ft.

Listed by Ruben Isai • MORE Realty

Contact: 503-309-9406

Bought with Devin Bourne • Bespoke Realty

Redfin checked: 2 minutes ago

•Source:RMLS #109173836

Redfin Estimate

$643,407

$104K since sold in September 2025$14K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.9% lower than the average sale price ($784K) of 5 comparable homes.

SOLD AUG 4, 2026
$675,000
A
4 beds2 baths1,728 sq ft
1026 SE Nehalem St, Portland, OR 97202
SOLD MAR 20, 2026
$700,000
B
4 beds2 baths1,242 sq ft
2015 SE Bidwell St, Portland, OR 97202
SOLD AUG 28, 2026
$1,025,000
C
4 beds2 baths2,777 sq ft
7035 SE 32nd Ave, Portland, OR 97202
SOLD SEP 8, 2026
$655,000
D
2 beds2 baths1,844 sq ft
8435 SE 15th Ave, Portland, OR 97202
SOLD MAR 5, 2026
$865,000
E
4 beds2 baths2,853 sq ft
7744 SE 18th Ave, Portland, OR 97202

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Earn from this home

Sell

$180,391

Est. take-home

List your home with Redfin and save $6,434

Market trends in Sellwood-Moreland, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.7%

0.6% MoM

Median sale price

$550K

$31K MoM

Avg. days on market

11d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

COMING SOON
$695,000
2 beds2 baths2,420 sq ft
703 SE Tenino St, Portland, OR 97202
Sara Bakkum • Premiere Property Group, LLC
OPEN TODAY, 2PM TO 4PM
$794,900
3 beds3 baths2,899 sq ft
3136 SE Brooklyn St, Portland, OR 97202
Amber Turner • Think Real Estate
OPEN TODAY, 1PM TO 3PM
$699,000
4 beds2 baths2,297 sq ft
6612 SE 20th Ave, Portland, OR 97202
Robin Springer • Windermere Realty Trust
VIDEO TOUR
$717,000
2 beds1 bath1,824 sq ft
7626 SE 20th Ave, Portland, OR 97202
Tage Packebush • Cascade Hasson Sotheby's International Realty
OPEN TODAY, 12PM TO 3PM
$535,000
2 beds3 baths1,775 sq ft
637 SE Linn St Unit E, Portland, OR 97202
Connie Vera • eXp Realty, LLC
OPEN TODAY, 11AM TO 1PM
$750,000
3 beds2 baths2,204 sq ft
3145 SE Franklin St, Portland, OR 97202
Jason McEllrath • Portland Proper Real Estate
OPEN TODAY, 12PM TO 2PM
$899,900
4 beds3 baths2,755 sq ft
3575 SE Tibbetts St, Portland, OR 97202
Bonnie Roseman • Living Room Realty
$525,000
2 beds1 bath2,210 sq ft
2514 SE 21st Ave, Portland, OR 97202
Jakob Goodson • Like Kind Realty
OPEN TODAY, 1PM TO 3PM
$549,900
2 beds2 baths1,722 sq ft
4144 SE Ogden St, Portland, OR 97202
Darryl Bodle • Keller Williams Realty Portland Premiere
OPEN TODAY, 11AM TO 1PM
$975,000
4 beds3 baths2,835 sq ft
1403 SE Rex St, Portland, OR 97202
Melisa Pierson • Windermere Realty Trust
See all

Provided by Redfin

Sale history for 2422 SE Nehalem St

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R224978

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 17, 2025.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Driveway, On Street

Interior

Appliances
Hot Water Description: Electricity, Tank

Interior Features
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,750
Area: 857
Baths Total: 1
Beds Total: 2
Features: Fireplace, Refrigerator
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,150
Area: 857
BathsTotal: 1
Beds Total: 2
Features: Fireplace, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Brick

Lot Information
Lot Size Square Feet: 5,227
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Acres: 0.12
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Corner Lot, Level
Parcel Number: R224978
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
Security Features: None
View YN: No

Building Information
Year Built: 1966
Building Area Total: 1,714
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: NEUMANS ADD, BLOCK 2, LOT 12
Tax Annual Amount: $6,354.67

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 3.18
Gross Rent Multiplier: 14.91

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No

Location

School Information
Elementary School: Llewellyn
Middle Or Junior School: Sellwood
High School: Cleveland

Location Information
Directions: SE 25th Ave
Unparsed Address: 2422 SE NEHALEM ST, Portland, OR 97202

Community Information
Zoning: R2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R224978

Home facts updated by county records on Sep 17, 2025

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Llewellyn Elementary School

Public K-5 • Assigned • 1.0mi

10/10

Sellwood Middle School

Public 6-8 • Assigned • 0.5mi

8/10

Cleveland High School

Public 9-12 • Assigned • 2.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 93° expected this year, 14 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, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97202

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$612,000 – $740,000

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Home values near 2422 SE Nehalem St

Data from public records.

Address	Redfin Estimate
2320 SE Nehalem Street, Portland, OR 3 Beds \| 1 Baths \| 1191 Sq. Ft.	$656,698
8043 SE 25th Avenue, Portland, OR 3 Beds \| 2 Baths \| 1080 Sq. Ft.	$413,338

Address	Redfin Estimate
2424 SE Nehalem Street, Portland, OR 4 Beds \| 2 Baths \| 1714 Sq. Ft.	$656,722
2425 SE Tacoma Street, Portland, OR 3 Beds \| 2 Baths \| 1512 Sq. Ft.	$657,737

Address	Redfin Estimate
2520 SE Nehalem Street, Portland, OR 6 Beds \| 3 Baths \| 2496 Sq. Ft.	$701,025
2445 SE Tacoma Street, Portland, OR 4 Beds \| 2 Baths \| 2524 Sq. Ft.	$675,286

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Sellwood-Moreland, OR

Sale history for 2422 SE Nehalem St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97202

Home values near 2422 SE Nehalem St

More real estate resources