This home's estimate is 8.7% higher than the average sale price ($628K) of 6 comparable homes.
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8232 SE Washington St, Portland, OR 97216
About this home
Triplex in Prime SE Portland location! Easy access to downtown, airport, Clackamas & Gresham. Walking distance to bus line, PCC, shops and stores. Always find renters fast! Ideal for Owner Occupied or Investment! Updates include New Roof with Transferrable Warranty (2020), Furnace in 1 Unit, Water Heaters in all Units, Laminate Floors and Granite countertops, S/S Appliances in all Units (excluding stove). All Units have a Garage, plus 4 extra parking! Walk Score 87, Bike Score 91

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Market trends in Montavilla, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- $579,0004 beds6 baths2,688 sq ft844 SE 117th Ave, Portland, OR 97216Gabe Terreson • Savi Realty, Inc.
- $450,0003 beds2 baths1,332 sq ft9314 SE Harrison St, Portland, OR 97216June Taylor • John L. Scott Sandy
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Provided by Redfin
Sale history for 8232 SE Washington St
$255/sq ft
$245/sq ft
$91/sq ft
$97/sq ft
Tax history for 8232 SE Washington St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
CM2
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.Include but are not limited to:
- Religious facility
- Automotive repair garage
- Day care facility
- General retail
- Hospital / medical center
- Housing
- Office
- Educational / school
- Recreation-Other
- Park & open space
Property details
Parking
- Parking Information
- Parking Features: Assigned, Garage
Interior
- Virtual Tour Information
- Has Virtual Tour Unbranded: Yes
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Attached
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 3
- Unit Information
- Unit Type: 1, 2, 3
- Unit Type 1 Information
- Actual Rent: $1,400
- Area: 1,032
- Baths Total: 2
- Beds Total: 3
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,224
- Area: 864
- BathsTotal: 2
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,299
- Area: 864
- Baths Total: 2
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
- Units Total: 1
Exterior
- Exterior Features
- Roof: Shingle
- Exterior Description: Vinyl Siding
- Unreinforced Masonry Bldg: Unknown
- Lot Information
- Lot Size Range: 5,000 to 6,999 SqFt
- Lot Size: 5,000 to 6,999 SqFt
- Lot Features: On Busline, Street Car
- Parcel Number: R281401
- Road Surface Type: Paved
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Approximately
- Security Features: Security Lights
- View YN: No
- Building Information
- Year Built: 1997
- Building Area Total: 2,760
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2019
- Tax Legal Description: SUNRISE PK, BLOCK 2, LOT 9&10
- Tax Annual Amount: $8,784.81
- Rent Information
- Rent Includes: Electricity, Heat, Trash Collection
- Lease / Rent Information
- CAP Rate: 3.99
- Gross Rent Multiplier: 13.62
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Forced Air
- Cooling YN: No
Location
- School Information
- Elementary School: Harrison Park
- Middle Or Junior School: Harrison Park
- High School: Madison
- Location Information
- Directions: SE 82nd Ave and SE Washington St
- Unparsed Address: 8232 SE WASHINGTON ST, Portland, OR 97216
- Community Information
- Zoning: CM2
Public facts
- Beds: 7
- Baths: 6.0
- Sq. Ft.: 2,760
- Stories: 2.0
- Parking Spaces: 1
- Basement: No
- Accessible: No
- Lot Size: 5,250 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1997
- Year Renovated: 2021
- County: Multnomah County
- APN: R281401
- HOA Dues: —
- Garage: Yes
- Features: —
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
- K - 12
- Preschool & daycare
Public 6-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 21 days in 30 years
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.
Nearby similar homes






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Home values near 8232 SE Washington St
| Address | Redfin Estimate |
|---|---|
7 Beds | 6 Baths | 2856 Sq. Ft. | $677,863 |
3 Beds | 1.5 Baths | 1905 Sq. Ft. | $494,825 |
3 Beds | 2 Baths | 1290 Sq. Ft. | $365,064 |
3 Beds | 3 Baths | 1290 Sq. Ft. | $328,194 |
- Beds | 2 Baths | 1484 Sq. Ft. | $411,694 |
3 Beds | 2 Baths | 1484 Sq. Ft. | $359,687 |
3 Beds | 2 Baths | 2226 Sq. Ft. | $424,940 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | 1896 Sq. Ft. | $490,226 |
2 Beds | 1 Baths | 720 Sq. Ft. | $358,333 |
5 Beds | 2 Baths | 3128 Sq. Ft. | $573,010 |
4 Beds | 3 Baths | 2164 Sq. Ft. | $515,712 |
4 Beds | 1 Baths | 988 Sq. Ft. | $413,512 |
3 Beds | 2 Baths | 1484 Sq. Ft. | $395,205 |
2 Beds | 1 Baths | 792 Sq. Ft. | $442,284 |
| Address | Redfin Estimate |
|---|---|
7 Beds | 6 Baths | 2760 Sq. Ft. | $662,614 |
7 Beds | 6 Baths | - Sq. Ft. | $676,951 |
2 Beds | 1 Baths | 912 Sq. Ft. | $398,075 |
3 Beds | 2 Baths | 2178 Sq. Ft. | $542,885 |
2 Beds | 2 Baths | 1207 Sq. Ft. | $280,603 |
3 Beds | 2 Baths | 1484 Sq. Ft. | $361,399 |
6 Beds | 3 Baths | 2892 Sq. Ft. | $714,312 |
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