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3541 SE Yamhill St, Portland, OR 97214

$2,350,000

36 Total Photos [Click to View All]

Property Description

ONE-OF-A-KIND! A trophy 8-plex, situated on a residential street between Belmont & Hawthorne. The property was fully renovated down to the studs in 2015 and has been meticulously maintained! The Property is an outstanding rental with a historical vacancy rate of 1.24%! Professionally managed by the same manager since 2015 with complete and detailed records. Each unit has too much to list, but highlights include: LVP flooring throughout (no carpet), Milgard vinyl windows, solid core doors, tankless (gas) water heaters, in-unit stacked laundry. Property highlights include: Outdoor area w/ patio tables and chairs, BBQ, bike storage shed, individual storage lockers, assigned off-street parking (8 spaces), wired surveillance camera system, in-ground sprinklers, LED landscape lighting. A Walker's (95) & Biker's (100) Paradise with many nearby transit options. Nearby parks include Sunnyside School Park, Laurelhurst City Park and Sewallcrest City Park. 10/10! The property manager is available for in-person orientation and Q&A.

3541 SE Yamhill St | MLS# 221791392

This multi-family property located at 3541 SE Yamhill St, Portland, OR 97214 is currently listed for sale with an asking price of $2,350,000. Search Portland real estate on jayneebeck.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace, None
Cooling: Exhaust Fan
Fuel Type: Electricity, Gas
Heating: Forced Air, WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $25,432
Year Built: 1979
Square Feet: 6,272

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1750.00
Square Footage: 712
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1895.00
Square Footage: 712
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1675.00
Square Footage: 709
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1775.00
Square Footage: 709
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1795.00
Square Footage: 711
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1850.00
Square Footage: 711
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1845.00
Square Footage: 713
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1955.00
Square Footage: 713
Total Units: 1

Feature Descriptions

Exterior: Brick, Cedar, Lap Siding
Gross Income: $182760.00 (Actual)
Hot Water: Gas, Tankless
Lot: Level, Trees
Net Income: $121447.00 (Actual)
Operating Expenses: $61313.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attached, IndividualStorageUnits
Units: 8
Water: Public Water

Local Schools

High School: Franklin
Middle School: Sunnyside Env
Elementary School: Sunnyside Env

Listed By / Shown By

Listed By

Agency Name: Rick Bean Real Estate
Agency Phone: 503-849-8199

Shown By

Agent Name: Jaynee Beck, Principal Broker
Agent Phone: (541) 480-0988
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 14,687.63 per month $11,882.88 Principal & Interest $2,119.33 Property Tax $685.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/25/2026. The listing information on this page last changed on 04/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/25/2026 12:04:07 AM EST) or RMLS (last updated Fri 04/24/2026 11:58:18 PM EST) or COAR/MLSCO (last updated Sat 04/25/2026 12:01:24 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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