1647 NE MARKET DR, Fairview, OR 97024 | MLS #237148307 | Berkshire Hathaway HomeServices Real Estate Professionals
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Listing provided courtesy of Think Commercial LLC- MLS# 237148307MLS Provider

1647 NE MARKET DRFairview, OR 97024

Multi-Family · 4,353 Sq. ft.
$750,000 Pending

1647 NE MARKET DR Overview

Time on Site:
41 days
Visits:
1

Fully leased and ready to go ' this mixed-use property delivers steady cash flow with minimal effort. The ground-floor retail storefront is occupied by a florist, complemented by two desirable residential rentals (3-bedroom + 1-bedroom). Prime location near shops, dining, parks, and easy freeway access ensures long-term demand from both residential and commercial tenants. Tenants enjoy a convenient Fairview location close to downtown amenities and just minutes from I-84. A true turnkey opportunity with a strong rental history and built-in stability.

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1647 NE MARKET DR Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,353
  • Price/Sq.ft. $172

Details

General

School Information

  • Elementary School: Woodland
  • Middle Or Junior School: Walt Morey
  • High School: Reynolds

Income/Expenses

  • Gross Income: 71744.0
  • Net Operating Income: 51197.0
  • Operating Expense: 20547.0

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

Community/Development

  • Community Features: All Landscaping,Commons

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 10475.54

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R546828
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: FV

Interior

Parking Information

  • Garage Spaces: 3.0

Building Interior

  • Building Area Total: 4353.0

General Information

  • Basement: Crawl Space
  • Cooling: Central Air
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air,Wall Heater
  • Security Features: Security Gate,Security Lights
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Assigned,Garage
  • Parking Total: 3.0

Lot Information

  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

1647 NE MARKET DR Neighborhood

Community

97024 (Fairview) Demographics

42
Median Age
2,401
Population Density (per sq. mile)
28%
College Educated
$60,434
Estimated Median Income
2,523
Estimated Total Home Owners
2,042
Estimated Total Renters
55% / 45%
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.

1647 NE MARKET DR Monthly Cost

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Greg Bowyer
* 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.

1647 NE MARKET DR Market Data

Based on the last 30 days in this zip code

$467,297
Average List Price
$256
Average Price per Square Foot
7
Properties Sold
103
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

1647 NE MARKET DR History

Date Event Value Agent
6/29/2026Source: Regional MLS Status Change
Pending
5/19/2026Source: Regional MLS Added to Database
May 19, 2026