Listing provided courtesy of Realty Marketing / Northwest- MLS# 418505305
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Request Info8107 NE FAILING STPortland, OR 97213
Multi-Family · 2,976 Sq. ft. | 0.12 Acres
Active
8107 NE FAILING ST Overview
- Time on Site:
- 69 days
- Visits:
- 2
This fiveplex is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Located at the corner of NE Failing and NE 81st, this fully leased fiveplex was extensively remodeled in 2019 following a fire. The property includes four one-bedroom, one-bath units and one two-bedroom, one-bath unit. Projected 2026 gross income is $72,540, with real estate taxes of $7,724. The landlord covers water, sewer, trash, and landscaping. All tenants are on month-to-month leases with tenures ranging from three to four years.This property offers a well-maintained, income-producing asset with stable occupancy in a convenient Northeast Portland location.
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8107 NE FAILING ST Facts & Features
- Type Multi-Family
- Sq. ft. 2,976
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Jason Lee
- Middle Or Junior School: Roseway Heights
- High School: Leodis McDaniel
Income/Expenses
- Gross Income: 72540.0
- Net Operating Income: 51426.0
- Operating Expense: 21114.0
Building Information
- Year Built: 1959
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 142 - Portland Northeast
- Subdivision Name: ROSEWAY
Community/Development
- Community Features: Front Yard Landscaping
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 7724.0
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash
- Parcel Number: R300320
- Property Type: Multi Family
- Zoning: RM1
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 2976.0
General Information
- Heating: Forced Air
- Stories: 1
Exterior
Parking Information
- Parking Total: 5.0
Lot Information
- Lot Features: Level,Public Road
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227.0
- Road Surface Type: Paved
- Water Source: Public Water
General Information
- Number Of Units Total: 5
- Sewer: Public Sewer
8107 NE FAILING ST Neighborhood
Community
97213 (PORTLAND) Demographics
41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.8107 NE FAILING ST Monthly Cost
8107 NE FAILING ST Market Data
Based on the last 30 days in this zip code
$490,975
Average List Price
$304
Average Price per Square Foot
32
Properties Sold
83
Average Days on Market
110
Properties for Sale
8107 NE FAILING ST History
| Date | Value | Agent |
|---|---|---|
| 4/22/2026Source: Regional MLS | April 22, 2026 |