1904 SE 80TH AVE, Portland, OR 97215
1904 SE 80TH AVE, Portland, OR 97215
1904 SE 80TH AVE, Portland, OR 97215
1904 SE 80TH AVE, Portland, OR 97215
1904 SE 80TH AVE, Portland, OR 97215
1904 SE 80TH AVE, Portland, OR 97215
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Matthew Tercek

Matthew Tercek

+1(503) 453-5815
Listed by Barry Investment Real Estate
$ 2,250,000
Est. payment | /mo

8,550 SqFt

Save
$ 2,250,000
Est. payment | /mo
Save

8,550 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,550 sqft

Price per Sqft $263

MLS Listing ID 755752891

HOA Y/N No

Year Built 1966

Annual Tax Amount $23,298

Tax Year 2025

Lot Size 0.430 Acres

Property Description

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.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning R1

Rooms

Basement Daylight, Exterior Entry, Finished

Interior

Heating Baseboard, Forced Air

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Vestal

Middle Schools Harrison Park

High Schools Franklin

Others

Acceptable Financing Assumable, CallListingAgent, Cash, Conventional

Listing Terms Assumable, CallListingAgent, Cash, Conventional

Regional Multiple Listing Service (RMLS)

Go tour this home

1904 SE 80TH AVE

We're always here to help. Let's connect!

Matthew Tercek
Matthew Tercek

Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Tercek Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.