2 months on rocket

8244 NE Multnomah St, Portland, OR, 97220

$299,999

Home List Price

$3,562*

Closing Credit

2 Bedrooms
1 Full Bath
620 SqFt
$484/SqFt
House

Location

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8244 NE Multnomah St, Portland$299,999

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Garage1 space
Year Built1912
HeatingForced Air
BasementYes
MLS #24539876
Lot Size0.13 Acres
StatusActive

About 8244 NE Multnomah St

**Prime Investment Opportunity in Portland!** 8244 NE Multnomah St, Portland, OR 97220 Attention investors! This 1912 cottage, situated on a generous 5,650 sq. ft. lot, offers incredible potential for development or renovation. With 2 bedrooms (1 possibly non-conforming), 1 bathroom, and a deep 1-car detached garage, this property is the perfect canvas for your next project.Featuring vinyl windows and siding, plus partial basement storage under the house, the groundwork is already in place. Surrounded by newer homes, this property presents an excellent opportunity to increase its value in a growing neighborhood. convenient to public transportation and I-84, this home is in a prime spot for commuters, making it even more attractive for rental or resale. Don’t miss out on this fixer with tons of upside!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1912
  • Stories: 1
  • Living Area: 620 SqFt

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 307-7577
  • Listing Agent: Kristin Sholes

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Interior: Laundry, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 82nd Ave. to NE Multnomah St. to the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,999
  • Price Per SqFt: $484/SqFt

Tax Information:

  • Annual Amount: $2,310
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

8244 NE Multnomah St vs Portland

75 DAYS ON ROCKET

+21 Days

$299,999

-$242.3K Less

$484/SqFt

+$168 More

KEY TAKEAWAY

This property is $242.3K less than the Median Sold Price and $168/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24539876

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 307-7577
  • Listing Agent: Kristin Sholes

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 1999Home Sold
$92,500
Jan 01, 1992Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,310$90,440
2018$2,160$85,260
2017$2,071$82,780

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4378641
7
/10

  • Vestal Elementary School

  • 161 NE 82nd Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-4378642
4
/10

  • Jason Lee Elementary School

  • 2222 NE 92nd Ave

  • 0.68 miles

  • Public District Grades EE-5

school-card-donut-4378643
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 1.08 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,685. Most Portland, OR residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8244 NE Multnomah St

What is the listing price of this property?

The listing price of 8244 NE Multnomah St property is $299,999.

What type of property is this?

The property 8244 NE Multnomah St is a house located in Portland, Oregon, 97220.

Is this property for sale now?

Active Listing: 8244 NE Multnomah St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,310 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 1999 for $92,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8244 NE Multnomah St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8244 NE Multnomah St is 620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8244 NE Multnomah St is 1912.

Rocket Homes›Oregon›Multnomah County›Portland›97220›8244 NE Multnomah St

This home is located at 8244 NE Multnomah St in Portland, OR and zip code 97220 in the Lee Bow Park neighborhood. This 620 square foot home, which was built in 1912, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $299,999.

While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. Listings spent 54 days on the market in November 2024, and had a median list price of $542,392 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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