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Listed by Realty Marketing / Northwest
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Est. payment /mo
Active
8107 NE FAILING ST Portland, OR 97213
2,976 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,976 sqft
Subdivision Roseway
MLS Listing ID 418505305
HOA Y/N No
Year Built 1959
Annual Tax Amount $7,724
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located at the corner of NE Failing and NE 81st, this fully leased fiveplex was extensively remodeled in 2019 following a fire. The property includes four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Projected 2026 gross income is $72,540, with real estate taxes of $7,724. The landlord covers water, sewer, trash, and landscaping. All tenants are on month-to-month leases with tenures ranging from three to four years.This property offers a well-maintained, income-producing asset with stable occupancy in a convenient Northeast Portland location.
Location
State OR
County Multnomah
Community Frontyardlandscaping
Area _142
Zoning RM1
Interior
Heating Forced Air
Exterior
Community Features FrontYardLandscaping
View Territorial
Garage No
Building
Lot Description Level, Public Road
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Jason Lee
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash
Listing Terms Cash
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