Listing provided courtesy of Lark and Fir Realty LLC- MLS# 789622051MLS ProviderContact Information: [email protected]

8531 N EDISON ST NPortland, OR 97203

Multi-Family · 5,610 Sq. ft. | 0.11 Acres
$675,000 Active

8531 N EDISON ST N Overview

Time on Site:
75 days
Visits:
0

Don't miss this golden opportunity to put your signature mark on a unique property with spectacular views of the St. Johns Bridge! Bring your A-game and imagination to complete this project quickly. Owner is willing to carry financing for 6 to 8 months and/or open to partnering with the right party to catalyze a remarkable outcome! Each townhome is on a separate tax lot (8531 & 8527 N Edison); 4 units altogether (primary home + ADU on each lot). Constructed as mirror images. Bring new energy to provide housing density, affordable housing, and/or creative living space. Visions include co-housing, cooperative living, low-income or mission-oriented housing, or PadSplit. Could be suitable for a non-profit development investment opportunity. Originally purchased as a two-level townhome, re-design was drafted by EMA Architects (2017), with eco-conscious quality construction by Birdsmouth. Originally built in 2001, the homes are to-the-stud remodels with ADU structures added in 2019. Eco-touches include Blue Glo windows and green roofs. Homes are enclosed and weather protected; need interior and exterior finishing work + mechanical, electrical and plumbing. Related to RMLS #198712609 (sale of single townhome).

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8531 N EDISON ST N Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,610
  • Price/Sq.ft. $120
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: James John
  • Middle Or Junior School: George
  • High School: Roosevelt

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 120000.0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2001

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: ST. JOHNS/CATHEDRAL PARK

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 9694.0
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Call Listing Agent,Cash,Other,Owner Will Carry
  • Parcel Number: R486646
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: RM2

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 5610.0

General Information

  • Basement: None
  • Cooling: Mini Split
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Mini Split
  • Stories: 4

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 2.0

Lot Information

  • Lot Features: Sloped
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Green Roof,Membrane

General Information

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

8531 N EDISON ST N 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.

8531 N EDISON ST N 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.

8531 N EDISON ST N 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

8531 N EDISON ST N History

Date Event Value Agent
6/22/2026Source: Regional MLS Price Reduction
$675,000 -2.2%
4/15/2026Source: Regional MLS Added to Database
April 15, 2026