Well-maintained and in excellent condition, this triplex is truly move-in ready for investors seeking steady returns. Located in a high-demand area, it offers a rare opportunity for both seasoned investors and those making their first multi-unit purchase. With a walk score of 92 and a bike score of 99, tenants will enjoy unmatched convenience, making this an even more attractive investment. Don’t miss out on this prime opportunity!
Active
$925,000
934 SE Nehalem St, Portland, OR 97202
5beds
2,500sqft
Est.:
Multi Family
Built in 1895
-- sqft lot
$-- Zestimate®
$370/sqft
$-- HOA
What's special
- 320 days |
- 1,074 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: February 06, 2026 at 01:11am
Listed by:
Nihad Aweidah 503-939-6666,
Windermere Heritage
Source: RMLS (OR),MLS#: 364618648
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Dishwasher, Range, Washer/Dryer, Refrigerator
Features
- Storage
- Basement: Finished,Full
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Site, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 4,791.6 Square Feet
- Features: Gentle Sloping, Level, SqFt 3000 to 4999
Details
- Parcel number: R266941
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sellwood / Moreland
Location
- Region: Portland
Financial & listing details
- Price per square foot: $370/sqft
- Tax assessed value: $903,230
- Annual tax amount: $7,209
- Date on market: 5/17/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4950
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2025 | Listed for sale | $925,000+23.3%$370/sqft |
Source:  RMLS (OR) #364618648 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/7/2018 | Listing removed | $750,000$300/sqft |
Source: Owner Report a problem | ||
| 9/8/2018 | Listed for sale | $750,000+9.1%$300/sqft |
Source: Owner Report a problem | ||
| 1/9/2018 | Sold | $687,500-0.9%$275/sqft |
Source: RMLS (OR) #17493496 Report a problem | ||
| 12/7/2017 | Pending sale | $694,000$278/sqft |
Source: RealtyNET, LLC #17493496 Report a problem | ||
| 10/20/2017 | Listed for sale | $694,000+290.6%$278/sqft |
Source: RealtyNET, LLC #17493496 Report a problem | ||
| 1/9/2014 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 12/13/2013 | Price change | $1,650-13.2%$1/sqft |
Source: Owner Report a problem | ||
| 12/3/2013 | Listed for rent | $1,900$1/sqft |
Source: Owner Report a problem | ||
| 7/17/1998 | Sold | $177,685$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,209 +3.7% | $267,550 +3% |
| 2024 | $6,950 +4% | $259,760 +3% |
| 2023 | $6,683 +2.2% | $252,200 +3% |
| 2022 | $6,538 +1.7% | $244,860 +3% |
| 2021 | $6,428 +9% | $237,730 +3% |
| 2020 | $5,897 +3.8% | $230,810 +3% |
| 2019 | $5,680 | $224,090 +14.6% |
| 2018 | $5,680 +14.6% | $195,560 +3% |
| 2017 | $4,955 +14% | $189,870 +3% |
| 2016 | $4,346 | $184,340 +3% |
| 2015 | $4,346 +2.7% | $178,980 +54.6% |
| 2014 | $4,232 +56% | $115,770 +3% |
| 2013 | $2,713 +10.5% | $112,400 +3% |
| 2012 | $2,454 +3.9% | $109,130 +3% |
| 2011 | $2,362 +5.4% | $105,960 +3% |
| 2010 | $2,241 +2.7% | $102,880 +3% |
| 2009 | $2,182 +6% | $99,890 +3% |
| 2008 | $2,060 +0.3% | $96,990 +3% |
| 2007 | $2,053 +11.4% | $94,170 +3% |
| 2006 | $1,844 +4.7% | $91,430 +3% |
| 2005 | $1,761 -8.2% | $88,770 +3% |
| 2004 | $1,918 +2.3% | $86,190 +3% |
| 2003 | $1,876 +8.9% | $83,680 +3% |
| 2002 | $1,723 +7.4% | $81,250 +6.1% |
| 2000 | $1,605 | $76,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,199/mo
Principal & interest
$4459
Property taxes
$740
More affordability tools
Climate risks
Neighborhood: Sellwood-Moreland
Nearby schools
GreatSchools rating
- 9/10Llewellyn Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10Sellwood Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Llewellyn
- Middle: Sellwood
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97202
- Oregon
- Multnomah County
- Portland
- 97202
- Sellwood-Moreland
- 934 SE Nehalem St
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