Mid-century triplex. Original hardwoods and wood trims, lots of natural light from big windows. Original 1950's tile counter tops. Photos previous to leasing unit. Newer roof, low-maintenance yard, 3 new gas furnaces, high ceilings in basements, 2 units have roomy single-car garages, 1 unit with off-street parking. Rare Cap Rate of 6.68%! Basement buildout for possible additional units! Don't miss out!
Multi-familyProperty Type
1954Year Built
5,149 sq ftLot Size
$304Est. Price/Sq.Ft.
1 car garageParking
Listed by Adam Shepard• John L. Scott Portland Central
Bought with Jeremy Slyh• Weichert, Realtors - Elite
Source:RMLS #21298916
Redfin Estimate
$639,249
$87K since sold in August 2022$16K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.8% higher than the average sale price ($577K) of 6 comparable homes.
Mid-century triplex. Original hardwoods and wood trims, lots of natural light from big windows. Original 1950's tile counter tops. Photos previous to leasing unit. Newer roof, low-maintenance yard, 3 new gas furnaces, high ceilings in basements, 2 units have roomy single-car garages, 1 unit with off-street parking. Rare Cap Rate of 6.68%! Basement buildout for possible additional units! Don't miss out!
RMLS #19322870
Nov 25, 2019
Sold
$460,000
$219/sq ft
Sep 24, 2019
Pending
—
Sep 4, 2019
Relisted
—
Sep 4, 2019
Price Changed
$485,000
$231/sq ft
Aug 31, 2019
Pending
—
Aug 30, 2019
Relisted
—
Jul 1, 2019
Pending
—
Jun 29, 2019
Contingent
—
Jun 27, 2019
Pending
—
Jun 27, 2019
Relisted
—
May 13, 2019
Pending
—
Apr 25, 2019
Listed
$495,000
$235/sq ft
+9
Mid-century triplex. Owner-occupied potential. Cute front porches and exterior back doors from kitchen. Original hardwoods and wood trims, lots of natural light from big windows. Original 1950's tile counter tops. Photos previous to leasing unit. Newer roof, low-maintenance yard, 3 new gas furnaces, high ceilings in basements, 2 units have roomy single-car garages, 1 unit with off-street parking. Airport close!
Year
Property tax
Land + Additions
Assessment*
2025
$7,281 (+3.7%)
2024
$7,019 (+4.0%)
2023
$6,749 (+9.7%)
2022
$6,155 (+1.7%)
2021
$6,051 (+9.0%)
2020
$5,551 (+3.8%)
2019
$5,347 (+3.0%)
2018
$5,190 (+4.3%)
2017
$4,974 (+9.3%)
2016
$4,552 (+2.7%)
2015
$4,432 (+1.5%)
2014
$4,365 (+2.4%)
2013
$4,264 (+10.5%)
2012
$3,858 (+3.9%)
2011
$3,713 (+5.4%)
2010
$3,523 (+2.7%)
2009
$3,430
Tax history for 8131 NE Beech St
Year
Property tax
Land + Additions
Assessment*
2025
$7,281 (+3.7%)
2024
$7,019 (+4.0%)
2023
$6,749 (+9.7%)
2022
$6,155 (+1.7%)
2021
$6,051 (+9.0%)
2020
$5,551 (+3.8%)
2019
$5,347 (+3.0%)
2018
$5,190 (+4.3%)
2017
$4,974 (+9.3%)
2016
$4,552 (+2.7%)
2015
$4,432 (+1.5%)
2014
$4,365 (+2.4%)
2013
$4,264 (+10.5%)
2012
$3,858 (+3.9%)
2011
$3,713 (+5.4%)
2010
$3,523 (+2.7%)
2009
$3,430
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM1
H
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
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jun 14, 2022 • Final
Electrical
Perform an electrical service change and install two feeders.
Electrical
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.
Property details
Interior
Basement Information
Basement Sq. Ft: 2,102
Basement Type: Unfinished
Bathroom Information
# of Full Baths: 3
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Forced Air
Exterior
Exterior Information
Foundation Type: Concrete
Construction Type: Masonry
Exterior Wall: Brick
Building Type: Triplex
Property Information
Subdivision Name: WELLESLEY
Living Sq. Ft: 2,102
Ground Floor Sq. Ft: 2,102
Building Sq. Ft: 4,204
# of Stories: 1
Legal Description: WELLESLEY, BLOCK 2, LOT 17 EXC PT IN ST, LOT 18 EXC PT IN STS
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,149
Legal Lot Number: 17
Legal Block Number: 2
Acres: 0.12
Zoning Code: R2
State Use Description: RESIDENTIAL,IMPROVED
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,102
Stories: 1.0
Lot Size: 5,149 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1954
Year Renovated: 1954
County: Multnomah County
APN: R300333
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Lee Elementary School
Public K-5 • Assigned • 1.0mi
6/10
Roseway Heights School
Public 6-8 • Assigned • 0.6mi
6/10
Leodis V. McDaniel High School
Public 9-12 • Assigned • 0.5mi
4/10
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 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, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97213
Average low and high temperatures (°F)
47
36
49
37
57
42
65
44
71
50
77
54
83
58
84
61
76
56
63
47
53
43
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$608,000 – $736,000
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