8451 SE FOSTER RD, Portland, OR 97266
- $1,250,000
8451 SE FOSTER RD, Portland, OR 97266
- $1,250,000
Overview
- 5225 Sqft
- 1975
- MultiFamily
- 212865825
- 0.2 Acres
- John L. Scott Portland Central
- Doug Landers
Description
Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
Details
Updated on February 13, 2026 at 11:18 pm-
MLS# 212865825
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Price $1,250,000
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Property Size 5225 Sqft
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Land Area 0.2 Acres
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Garage Size x x
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Year Built 1975
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Property Type MultiFamily
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Property Status Active
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Office Name John L. Scott Portland Central
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Agent Name Doug Landers
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Office Phone 503-230-8600
Additional details
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Listing Terms Cash, Conventional
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Roof Composition
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Sewer Public Sewer
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Cooling Wall Unit
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Heating Baseboard
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County Multnomah
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Property Type MultiFamily
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Parking Assigned, Off Street
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Elementary School Marysville
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Middle School Kellogg
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High School Franklin
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Community Features Laundry
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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