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$750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 hours ago
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Fully leased and ready to go - this mixed-use property delivers steady cash flow with minimal effort. The ground-floor retail storefront is occupied by a florist, complemented by two desirable residential rentals (3-bedroom + 1-bedroom). Prime location near shops, dining, parks, and easy freeway access ensures long-term demand from both residential and commercial tenants. Tenants enjoy a convenient Fairview location close to downtown amenities and just minutes from I-84. A true turnkey opportunity with a strong rental history and built-in stability.

Full Property Details for 1647 NE Market Dr

General

  • Price: $750,000
  • Taxes: $10,475
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 237148307
  • Updated: Today (5/19/2026)
  • Added to Site: Today

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Additional Information

  • Security/Safety: Security Gate, Security Lights

Parking

  • Garage: Yes
  • Total Spaces: 3
  • Parking Features: Assigned, Garage

Location

  • County: Multnomah
  • Driving Directions: Fairview Village South of NE Halsey in Fairview

School Information

  • Elementary School: Woodland
  • Middle School: Walt Morey
  • High School: Reynolds

Community

  • Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Wall Heater
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 3
  • Square Feet: 4,353
  • Year Built: 2005
  • Property Condition: Existing

Lot Features

  • Lot Size: 0K to 2, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $20,547
  • Tax Amount: $10,475.54
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: FAIRVIEW VILLAGE NO 7, LOT 298
  • Property ID: R546828

Listed by Think Commercial LLC (503) 679-9243, David Abrams (503) 816-7167 and Think Commercial LLC (503) 847-2722, Hope Beraka (503) 679-9243

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Listing agents

— 1647 NE Market Dr —

  • David Abrams

    Think Commercial LLC

    503-679-9243

  • Hope Beraka

    Think Commercial LLC

    503-847-2722

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1647 NE Market Dr

School District:Reynolds School District 7
NameGradesDistance
Woodland Elementary School, Fairview, OR
21607 Northeast Glisan Street, Fairview, OR 97024
K-50.2 mi
Walt Morey Middle School
2801 Southwest Lucas Avenue, Troutdale, OR 97060
6-81.8 mi
Reynolds High School
1698 Southwest Cherry Park Road, Troutdale, OR 97060
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1647 NE Market Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$750,000
-10.45%
MLS
11/06/2019
Sold
$837,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1647 NE Market Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,476
6%
$587,050
3%
2024
$9,894
3%
$569,960
3%
2023
$9,652
5%
$553,360
6%
2021
$9,180
-3%
$521,610
-3%
2022
$9,416
3%
$537,250
6%
2021
$9,180
12%
$506,420
3%
2019
$8,227
1%
$491,670
3%
2018
$8,146
3%
$477,350
3%
2017
$7,884
5%
$463,450
3%
2016
$7,525
3%
$449,960
3%
2015
$7,327
4%
$436,860
3%
2014
$7,065
1%
$424,140
3%
2013
$6,973
—
$411,790
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1647 NE Market Dr

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Listed by Think Commercial LLC (503) 679-9243, David Abrams (503) 816-7167 and Think Commercial LLC (503) 847-2722, Hope Beraka (503) 679-9243

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Price Reduced near 1647 NE Market Dr

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1651 SW Hewitt Ave, Troutdale, OR 97060 - Photo 1 Price Reduced
-$15,100 (-3.25%)
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1651 SW Hewitt Ave  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
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  • 3
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  • 1,548
    Sq. Ft.
Listed By: KEVIN. RILEY | Vantage Point Brokers, Llc
1651 SW Hewitt Ave, Troutdale, OR 97060 - Photo 1 Price Reduced
-$15,100 (-3.25%)
$449,900

1651 SW Hewitt Ave  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
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  • 3
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  • 1,548
    Sq. Ft.
Listed by Vantage Point Brokers, LLC, Kevin Riley
1651 SW Hewitt Ave, Troutdale, OR 97060 - Photo 1 Price Reduced
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920 SW Cherry Park Rd, Troutdale, OR 97060 - Photo 1 Price Reduced
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Recent Sales near 1647 NE Market Dr

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1505 NE Village St  Fairview, OR 97024

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    Sq. Ft.
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22285 NE Park Ln  Fairview, OR 97024

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21511 SE Stark St  Gresham, OR 97030

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1647 NE Market Dr, Fairview, OR 97024 (MLS# 237148307) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1647 NE Market Dr is currently listed for $750,000 and was received on May 19, 2026. Want to learn more about 1647 NE Market Dr? Do you have questions about finding other Multi-Family real estate for sale in Fairview Village? You can browse all Fairview Village real estate or contact a Coldwell Banker agent to request more information.

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