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8451 SE Foster Rd, Portland, OR 97266

Local realty services provided by:CENTURY 21 Northstar
8451 SE Foster Rd,Portland, OR 97266
$1,250,000
  • - Beds
  • - Baths
  • 5,225 sq. ft.
  • Multi-family
  • Active
Listed by: doug landers, maddie landers
Office: john l. scott portland central
MLS#:212865825
Source:PORTLAND

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$239.23

About this home

Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.

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Home facts

  • Year built:1975
  • Listing ID #:212865825
  • Added:1 day(s) ago
  • Updated:February 14, 2026 at 12:25 AM

Rooms and interior

  • Living area:5,225 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1975
  • Building area:5,225 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Franklin
  • Middle school:Kellogg
  • Elementary school:Marysville

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$239.23
  • Tax amount:$8,717 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 14, 2026

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