1904 SE 80TH AVE, Portland, OR 97215 | MLS #755752891 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Barry Investment Real Estate- MLS# 755752891MLS Provider

1904 SE 80TH AVEPortland, OR 97215

Multi-Family · 8,550 Sq. ft. | 0.43 Acres
$2,250,000 Active

1904 SE 80TH AVE Overview

Time on Site:
47 days
Visits:
2

Tabor Villa Apartments presents a rare opportunity to acquire a turn-key, fully stabilized multifamily asset in one of Southeast Portland's strongest and most resilient submarkets. The property consists of 11 modernized units and is ideally positioned within a quiet residential enclave of the Montavilla neighborhood, offering residents a peaceful living environment while remaining minutes from the vibrant retail, dining, and lifestyle amenities along Hawthorne, Division, and greater SE Portland.The property benefits from proximity to major employment and educational institutions, including Warner Pacific University and Portland Community College, which supports consistent demand from a broad and diversified tenant base. The community features single-level apartment homes with spacious floor plans, modern finishes, and on-site parking - a highly desirable amenity that further enhances tenant appeal and retention in this submarket.Tabor Villa has undergone a comprehensive interior and exterior renovation, transforming the asset into a modern, low-maintenance investment. Each unit was upgraded with new cabinetry, quartz countertops, stainless steel appliances, updated flooring, fresh paint, and contemporary design touches throughout, positioning the property to meet the expectations of today's renters while minimizing near-term capital expenditures.The property has been successfully leased at strong market rents and has demonstrated solid performance in recent years, providing an incoming investor with immediate, stable cash flow from day one. In addition to its current income profile, the investment offers meaningful upside potential through continued rent growth as units re-lease during more favorable spring and summer leasing cycles, as well as from anticipated tightening in the Portland rental market driven by limited new multifamily construction in the coming years.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1904 SE 80TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,550
  • Price/Sq.ft. $263
  • Lot 0.43 Acres

Details

General

School Information

  • Elementary School: Vestal
  • Middle Or Junior School: Harrison Park
  • High School: Franklin

Income/Expenses

  • Gross Income: 219223.0
  • Gross Scheduled Income: 224638.0
  • Net Operating Income: 142232.0
  • Operating Expense: 76991.0

Building Information

  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Community/Development

  • Community Features: Laundry

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 23298.45
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Assumable,Call Listing Agent,Cash,Conventional
  • Parcel Number: R332567
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: R1

Interior

Building Interior

  • Building Area Total: 8550.0

General Information

  • Basement: Daylight,Exterior Entry,Finished
  • Foundation Details: Block
  • Heating: Baseboard,Forced Air
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,Off Street

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.43
  • Lot Size Square Feet: 18730.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 11
  • Sewer: Public Sewer

1904 SE 80TH AVE Neighborhood

Community

97215 (PORTLAND) Demographics

40
Median Age
7,539
Population Density (per sq. mile)
67%
College Educated
$85,368
Estimated Median Income
4,487
Estimated Total Home Owners
2,869
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

1904 SE 80TH AVE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1904 SE 80TH AVE Market Data

Based on the last 30 days in this zip code

$819,920
Average List Price
$320
Average Price per Square Foot
17
Properties Sold
51
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

1904 SE 80TH AVE History

Date Event Value Agent
5/14/2026Source: Regional MLS Added to Database
May 14, 2026