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For sale · ACT – Active

2,324 sq ft

8044 SE MALDEN ST, Portland, OR 97206

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Building Area
2,324 sq ft
Price/Sq Ft
$215/sq ft
Year Built
2019
County
Multnomah
Annual Tax
$5,951 (2025)
HOA
None
Days on Market
39 days
Open House
None scheduled

Monthly payment

$3,627 per month

  • Principal & interest$3,027
  • Property taxes$496
  • HOA dues$0
  • Home insurance$104
  • Utilities
Down payment10% ($49,990)
Home price$499,900
Loan details30-yr fixed, 7.11%

10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)

Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.

Description

Turnkey Portland Multi-Unit — 6.97% Cap Rate, Fully Occupied. Rare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.97% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.

Facts & Features

Property TypeMulti Family
Building Area (sq ft)2324
Lot Size (acres)0.15
Lot Size (sq ft)6534
Year Built2019
CountyMultnomah
Elementary SchoolWhitman
Middle SchoolBrentwood
High SchoolCleveland
HeatingDuctless, Forced Air, Wall Heater
CoolingCentral Air, Heat Pump
BasementCrawl Space
RoofComposition
ViewNo
Lot FeaturesLevel
ParkingDriveway
SewerPublic Sewer
WaterPublic Water
Community FeaturesCommons
Annual Taxes$5,951
Tax Year2025
Original List Price$525,000
RMLS #643475745

Map data © OpenStreetMap contributors (not RMLS data).

Listed by Korrie Hicks • KOR Realty

Contact: 503-680-4371

Listing updated: Nov 9, 2026 at 12:12am

Source: RMLS #643475745

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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Shawn Yu, Shawn Realty · 503-515-4499

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