This home's estimate is 17.3% higher than the average sale price ($708K) of 6 comparable homes.
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- Sale & tax history
- Property details
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8407 NE Russell St, Portland, OR 97220
About this home
Well maintained 4 Plex. 3 units 2 bed 1.1 bath - 1 unit 2bed / 1 bath. All units have fireplaces. Great lay outs. Great location - easy access to freeways, airport & shopping. There is HOA of $504.00 a month, includes property management, trash service, general property upkeep including landscaping & de-icing in winter. Gross Rent Multiplier 11.72

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Market trends in Madison South, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
- NEW 18 HRS AGO$795,0002 beds3 baths4,905 sq ft9101 NE Cliff St, Portland, OR 97220Fred Mueller • Premiere Property Group, LLC
- 3D WALKTHROUGH$460,0003 beds3 baths1,446 sq ft11060 NE Oregon St, Portland, OR 97220Joseph Tran • Real Estate Performance Group
- 3D WALKTHROUGH$375,0003 beds1 bath1,976 sq ft4564 NE 82nd Ave, Portland, OR 97220Randi Thompson • Premiere Property Group, LLC
- $549,0003 beds2 baths1,801 sq ft4705 NE 110th, Portland, OR 97220Melinda Grunewald • HomeStar Brokers
- $325,0003 beds1 bath2,200 sq ft3133 NE 87th Pl, Portland, OR 97220Dan Anderson • Keller Williams Realty Portland Elite
- $399,0003 beds1 bath960 sq ft11841 NE San Rafael St, Portland, OR 97220Robert Young • Legacy Realty Group
- $480,0003 beds2 baths1,820 sq ft10054 NE Weidler St, Portland, OR 97220Andrea Guest • Keller Williams Realty Professionals
- $359,0004 beds2 baths2,116 sq ft204 NE 114th Ave, Portland, OR 97220David McGrew • John L. Scott Portland Central
See all
Provided by Redfin
Sale history for 8407 NE Russell St
Tax history for 8407 NE Russell 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
- Permits
RM2
H
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.- Aircraft Landing Zone
Include but are not limited to:
- Housing
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
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
Parking
- Parking Information
- Parking Features: Attached, Garage
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Attached, Garage(s)
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 4
- Unit Information
- Unit Type: 1, 2, 3, 4, 5
- Unit Type 1 Information
- Actual Rent: $1,395
- Area: 950
- Baths Total: 2
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,200
- Area: 950
- BathsTotal: 2
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,395
- Area: 950
- Baths Total: 2
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer
- Units Total: 1
- Unit Type 4 Information
- Actual Rent: $1,350
- Area: 850
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer
- Units Total: 1
- Unit Type 5 Information
- Actual Rent: $300
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Lap Siding, Vinyl Siding
- Lot Information
- Lot Size Range: 5,000 to 6,999 SqFt
- Lot Size: 5,000 to 6,999 SqFt
- Lot Features: Corner Lot, Level
- Parcel Number: R211204
- Road Surface Type: Concrete
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Approximately
- View YN: No
- Building Information
- Year Built: 2000
Financial
- Tax Information
- Tax Year: 2019
- Tax Legal Description: MADISON PLACE, LOT 25
- Tax Annual Amount: $8,553.20
- Rent Information
- Rent Includes: Sewer, Water
- Lease / Rent Information
- CAP Rate: 4.83
- Gross Rent Multiplier: 11.72
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Zoned
- Cooling YN: No
Location
- School Information
- Elementary School: Jason Lee
- Middle Or Junior School: Roseway Heights
- High School: Madison
- Location Information
- Directions: N on 82nd to Russell, to 84th, N on Knott
- Unparsed Address: 8407 NE RUSSELL ST, Portland, OR 97220
- Community Information
- Zoning: R1
Public facts
- Beds: 8
- Baths: 5.5
- Sq. Ft.: 3,974
- Stories: 2.0
- Lot Size: 5,265 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 2000
- Year Renovated: 2000
- County: Multnomah County
- APN: R211204
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 0.2mi
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 91° 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
New listings for sale in 97220
Home values near 8407 NE Russell St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1491 Sq. Ft. | $439,796 |
3 Beds | 2 Baths | 1491 Sq. Ft. | $449,111 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 923 Sq. Ft. | $378,561 |
- Beds | 1 Baths | 1050 Sq. Ft. | $347,294 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 4.5 Baths | 2904 Sq. Ft. | $662,402 |
8 Beds | 5.5 Baths | 3732 Sq. Ft. | $902,981 |
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