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8044 SE MALDEN ST

Portland, OR 97206
Square Ft.
2,324
Active
Multifamily
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$525,000
***ALL UNITS ARE TENANT OCCUPIED. Please do not Disturb Tenants.*** Do Not Enter Property. Rare multi-unit opportunity with three separate living spaces and strong income potential. Unit A is on a year lease that will convert to MTM on 7/1/26. The others are currently rented on month-to-month terms. Unit… Read MoreRead Less
Listing courtesy of KOR Realty.
Listing Snapshot
Days Online
8
Last Updated
Square Ft.
2,324
Lot Size
0.15 Acres
Year Built
2019
MLS Number
505205300
30 Days Snapshot Of 97206
$478k
-2%
(avg) sold price
51
-21%
homes sold
29
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Unit One
2 total bathrooms, Actual Rent: $1,875, Area: 1268, Features: AirConditioning, Range, Storage, WasherDryerHookup, Units Total: 1, 2 total bedroom
Property Access
Road Surface Type: Gravel, Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 2324, Built in 2019, Storage: Attached, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: Commons
Cooling
Cooling: CentralAir, HeatPump
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $7,061
Exterior Features
Exterior Description: LapSiding
Heating
Heating: Ductless, ForcedAir, WallHeater
Income
CAP Rate: 8.18, Gross Income: $44,280, Gross Rent Multiplier: 11.86, Net Operating Income: $42,937
Lot
Features: Level, Size Acres: 0.15, Size Range: SqFt5000to6999, Size Square Feet: 6,534, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Driveway, 4 total parking spots
Property
Number Of Units Total: 3, Property Condition: Existing, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,951, Legal Description, Tax Year: 2025
Unit Two
Actual Rent: $1,050, Area: 736, Features: AirConditioning, Storage, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $765, Area: 320, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Whitman Elementary School 503-916-6370 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Whitman Elementary School 503-916-6370 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.