Listing provided courtesy of Keller Williams Sunset Corridor- MLS# 390757578MLS Provider

8323 8329 N DWIGHT AVEPortland, OR 97203

Multi-Family · 3,185 Sq. ft. | 0.29 Acres
$859,000 Active

8323 8329 N DWIGHT AVE Overview

Time on Site:
123 days
Visits:
1

PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

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8323 8329 N DWIGHT AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,185
  • Price/Sq.ft. $270
  • Lot 0.29 Acres

Details

General

School Information

  • Elementary School: Rosa Parks
  • Middle Or Junior School: Astor
  • High School: Roosevelt

Income/Expenses

  • Gross Income: 68340.0
  • Gross Scheduled Income: 0
  • Net Operating Income: 42648.0
  • Operating Expense: 25692.0

Building Information

  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: PORTSMOUTH NEIGHBORHOOD

Community/Development

  • Community Features: All Landscaping,Laundry

Rent/Lease Information

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

Tax Information

  • Tax Annual Amount: 7512.79
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: R292349
  • Property Type: Multi Family
  • Zoning: R 5

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 3185.0

General Information

  • Basement: Crawl Space
  • Cooling: None
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 4.0

Lot Information

  • Lot Features: Public Road
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12632.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

8323 8329 N DWIGHT AVE Neighborhood

Community

97203 (Portland) Demographics

32
Median Age
3,309
Population Density (per sq. mile)
52%
College Educated
$67,229
Estimated Median Income
7,360
Estimated Total Home Owners
5,445
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
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.

8323 8329 N DWIGHT AVE Monthly Cost

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* 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.

8323 8329 N DWIGHT AVE Market Data

Based on the last 30 days in this zip code

$441,913
Average List Price
$309
Average Price per Square Foot
38
Properties Sold
92
Average Days on Market
137
Properties for Sale
Calculations provided by Reliance Network

8323 8329 N DWIGHT AVE History

Date Event Value Agent
6/2/2026Source: Regional MLS Price Reduction
$859,000 -1.8%
4/20/2026Source: Regional MLS Price Reduction
$875,000 -2.2%
3/24/2026Source: Regional MLS Price Reduction
$895,000 -3.2%
2/26/2026Source: Regional MLS Added to Database
February 26, 2026