Listing provided courtesy of Rick Bean Real Estate- MLS# 221791392
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Request Info3541 SE YAMHILL STPortland, OR 97214
Multi-Family · 6,272 Sq. ft. | 0.22 Acres$2,250,000
Active
3541 SE YAMHILL ST Overview
- Time on Site:
- 68 days
- Visits:
- 0
ONE-OF-A-KIND! A trophy 8-plex, situated on a residential street between Belmont & Hawthorne. The property was fully renovated down to the studs in 2015 and has been meticulously maintained! The Property is an outstanding rental with a historical vacancy rate of 1.57%! Professionally managed by the same manager since 2015 with complete and detailed records. Each unit has too much to list, but highlights include: LVP flooring throughout (no carpet), Milgard vinyl windows, solid core doors, tankless (gas) water heaters, in-unit stacked laundry. Property highlights include: Outdoor area w/ patio tables and chairs, BBQ, bike storage shed, individual storage lockers, assigned off-street parking (8 spaces), wired surveillance camera system, in-ground sprinklers, LED landscape lighting. A Walker's (95) & Biker's (100) Paradise with many nearby transit options. Nearby parks include Sunnyside School Park, Laurelhurst City Park and Sewallcrest City Park. 10/10! The property manager is available for in-person orientation and Q&A.
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3541 SE YAMHILL ST Facts & Features
- Type Multi-Family
- Sq. ft. 6,272
- Price/Sq.ft. $359
- Lot 0.22 Acres
Details
General
School Information
- Elementary School: Sunnyside Env
- Middle Or Junior School: Sunnyside Env
- High School: Franklin
Income/Expenses
- Gross Income: 182760.0
- Gross Scheduled Income: 194760.0
- Net Operating Income: 121447.0
- Operating Expense: 61313.0
Building Information
- Year Built: 1979
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
- Subdivision Name: BELMONT/HAWTHORNE
Community/Development
- Community Features: All Landscaping,Commons,Laundry
Rent/Lease Information
- Rent Includes: Maintenance Grounds
Tax Information
- Tax Annual Amount: 25432.22
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: R280541
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: RM2
Interior
Building Interior
- Building Area Total: 6272.0
General Information
- Basement: Crawl Space,None
- Cooling: Exhaust Fan
- Foundation Details: Concrete Perimeter
- Heating: Forced Air,Wall Heater
- Security Features: Security Lights,Sidewalk
- Stories: 2
Exterior
Parking Information
- Parking Features: Assigned,Off Street
- Parking Total: 8.0
Lot Information
- Lot Features: Level,Trees
- Lot Size Acres: 0.22
- Lot Size Square Feet: 9583.0
- Road Surface Type: Concrete
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 8
- Sewer: Public Sewer
3541 SE YAMHILL ST Neighborhood
Community
97214 (Portland) Demographics
36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3541 SE YAMHILL ST Monthly Cost
3541 SE YAMHILL ST Market Data
Based on the last 30 days in this zip code
$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
3541 SE YAMHILL ST History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: Regional MLS | $2,250,000 -4.3% |
|
| 4/23/2026Source: Regional MLS | April 23, 2026 |