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$1,550,000
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Property Description
Rare opportunity to acquire a value add 11 unit multifamily in one of the most sought after neighborhood in all of Portland. The property consists of two buildings and 11 units. The wood framed brick building is 6 units, all one bedrooms. High vacancy, 6 units have been recently turned over. Cash or bridge debt only. Call for offer instructions and guidance. The Victorian is 3 levels and 5 units, high ceilings with recent upgrades including electrical. The property is in receivership.
Full Property Details
Full Property Details for 2233 NW Flanders St
General
- Sold For: $1,550,000
- Taxes: $22,069 (2024)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 24340236
- Added to Site: 483 day(s) ago
Rental Information
- Rent Includes: Electricity, Gas, Heat, Sewer, Water
Additional Information
- Security/Safety: Security Gate
Parking
- Parking Features: On Street
Location
- County: Multnomah
- Subdivision: NORTHWEST DISTRICT
- Driving Directions: NW 22nd and Flanders
School Information
- Midd School District: West Sylvan
- Elementary School: Chapman
- Middle School: West Sylvan
- High School: Lincoln
Community
- Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills
Heating & Cooling
- Cooling Type: Other
- Heating Type: Mini Split
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement
- Roof: Flat, Other
- Stories/Levels: 3
- Square Feet: 3,458
- Year Built: 1890
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325
- Lot Size: 10, 000 to 14, 999 SqFt
- Lot Dimensions: 105 x 100
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $96,908
- Tax Amount: $22,069.4
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R216383
Listed and Sold by Apex Residential (503) 595-2840, Jordan Fezler (503) 313-8149
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Schools
Schools serving 2233 NW Flanders St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Chapman Elementary School 1445 Northwest 26th Avenue, Portland, OR 97210 | K-5 | 0.7 mi |
West Sylvan Middle School 8111 Southwest West Slope Drive, Portland, OR 97225 | 6-8 | 3.4 mi |
Lincoln High School, Portland, OR 1750 Southwest Salmon Street, Portland, OR 97205 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2233 NW Flanders St
Date
Details
Price
Change
Source
2/17/2026
Sold
$1,550,000
-20.51%
MLS
4/09/2025
Price Reduced
$1,950,000
-2.26%
MLS
4/04/2025
Price Reduced
$1,995,000
-7.21%
MLS
2/03/2025
Price Reduced
$2,150,000
-10.42%
MLS
11/06/2024
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2233 NW Flanders St, Portland, OR 97210 (MLS# 24340236) is a Multi-Family property that was sold at $1,550,000 on February 17, 2026. Want to learn more about 2233 NW Flanders St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

