For Sale43d on market
8451 SE Foster Rd
Portland, OR, 97266 • Lents • Multnomah County
$1,250,000
$239/sqft
10Beds
10Baths
5,225Sqft
0.2 acLot
1975Built
Property DNA
Lents
Lents
This home is getting attention
Listed 43 days ago · 194 views · 6 saves
Market activity
Demand and pricing signals for this listing
194 views
People checking out this listing
6 saves
Buyers have saved this home
43 days on market
Established listing
$239/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1975
Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portland’s continually improving submarkets.
Estimated monthly payment
Based on current rates
$8,153/month
Principal & Interest$6,486
Property Tax$1,250
Insurance$417
Down payment20% ($250,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1975
HeatingBaseboard
CoolingWall Unit(s)
Parking10 Parking spaces
Days on Zillow43 Days
Price/sqft$239
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionApproximately
Year built1975
Stories2
Systems
HeatingBaseboard
CoolingWall Unit(s)
RoofComposition
ConstructionBrick, Cement Siding, Lap Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Off Street
BasementCrawl Space
Lot8,712 sqft
Location & Tax
NeighborhoodLents
ZoningCM3
Annual tax$8,716
ParcelR159034
Bathrooms & Fees
Full baths7
Partial baths3
Features & details
9 categories of property features
Interior Features
Appliances
Dishwasher
Disposal
Range
Refrigerator
Electric Water Heater
Heating
Baseboard
Cooling
Wall Unit(s)
Laundry
Common Area
Exterior Features
Parking
Assigned
Off Street
Construction
Brick
Cement Siding
Lap Siding
Lot Features
Level
On Busline
SqFt 7000 to 9999
Community
Laundry
Utilities
Cable Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market43
Tax rate0.96%
Price/sqft$239
On marketFeb 12, 2026
PostedFeb 12, 2026
Last sold$649,000
MLS statusActive
MLS updatedFeb 13, 2026
Tour days9
Views194
Favorites6
How are the schools in Portland?
3 schools rated nearby
Location
Portland, OR, 97266
Price history
9 events
DateEventPrice$/sqftSource
Feb 13, 2026Listed For Sale$1,250,000$239RMLS (OR)
Apr 24, 2017Listing Removed$950—Fox Management, Inc. - Property # 317114
Apr 10, 2017Listed For Rent$950—Fox Management, Inc. - Property # 317114
Dec 11, 2015Sold$649,000$124RMLS (OR)
Nov 25, 2015Pending Sale$649,000$124Soldera Properties, Inc
Oct 28, 2015Listed For Sale$649,000$124Soldera Properties, Inc
Oct 22, 2015Pending Sale$649,000$124Soldera Properties, Inc
Sep 28, 2015Listed For Sale$649,000$124Soldera Properties, Inc
Nov 29, 2012Sold$525,000$100RMLS (OR)
Listed For Sale$1,250,000
Feb 13, 2026•$239/sqft•RMLS (OR)
Listing Removed$950
Apr 24, 20170•Fox Management, Inc. - Property # 317114
Listed For Rent$950
Apr 10, 20170•Fox Management, Inc. - Property # 317114
Sold$649,000
Dec 11, 2015•$124/sqft•RMLS (OR)
Pending Sale$649,000
Nov 25, 2015•$124/sqft•Soldera Properties, Inc
Listed For Sale$649,000
Oct 28, 2015•$124/sqft•Soldera Properties, Inc
Pending Sale$649,000
Oct 22, 2015•$124/sqft•Soldera Properties, Inc
Listed For Sale$649,000
Sep 28, 2015•$124/sqft•Soldera Properties, Inc
Sold$525,000
Nov 29, 2012•$100/sqft•RMLS (OR)
Nearby homes
Neighborhood details
Local context around this listing
Portland, OR • Multnomah County
Nearby neighborhoods
Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns
Nearby cities
Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village
Nearby zip codes
97202972039720697217972199722997230972339723697266
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