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$799,000

  • For Sale
  • Active
  • Multi-Family
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Updated 4-Plex in the Brooklyn Neighborhood - Ideal for Investors or Owner-Occupants! Excellent opportunity to own a well-maintained and updated 4-plex in the vibrant Brooklyn neighborhood and super close to all the trendy SE Division St restaurants and shops. Each of the four units offers 2 bedrooms, 1 bathroom with 750 sq ft of comfortable living space.Recent upgrades include new flooring and fresh interior paint in each unit, new water heaters, and a newer roof, windows, and siding all contributing to lower maintenance costs and long-term value. Tenants enjoy the convenience of free on site laundry and off street parking, making these units highly desirable and easy to rent.One unit will be delivered vacant, making this a perfect fit for owner-occupied financing or for an investor looking to place a new tenant at market rent. Located close to public transit, parks, shops, and restaurants, this property combines strong rental income potential with the benefits of a growing neighborhood.Don't miss this turnkey multifamily investment!

Full Property Details for 3433 SE 22nd Ave

General

  • Price: $799,000
  • Taxes: $8,345 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 523457612
  • Updated: 11/17/2025
  • Added to Site: 114 day(s) ago

Rental Information

  • Rent Includes: Sewer, Water

Parking

  • Total Spaces: 4
  • Parking Features: Driveway

Location

  • County: Multnomah
  • Driving Directions: SE Powell to 22nd ave

School Information

  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,000
  • Year Built: 1965
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $22,545
  • Tax Amount: $8,345.03
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SMITHS SUB & ADD EP, BLOCK 11 TL 18300
  • Property ID: R271534

Listed by Keller Williams Sunset Corridor (503) 270-5700, Marc Zemp (503) 501-6925

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Listing agent

— 3433 SE 22nd Ave —

  • Marc Zemp

    Keller Williams Sunset Corridor

    503-270-5700

503-501-6925

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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

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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 3433 SE 22nd Ave

School District:Portland School District 1j
NameGradesDistance
Grout Elementary School
3119 Southeast Holgate Boulevard, Portland, OR 97202
K-50.7 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-80.7 mi
Cleveland High School, Portland, OR
3400 Southeast 26th Avenue, Portland, OR 97202
9-120.2 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 3433 SE 22nd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$799,000
-1.96%
MLS
11/03/2025
Price Reduced
$815,000
-1.21%
MLS
10/11/2025
Price Reduced
$825,000
-1.79%
MLS
9/26/2025
Listed
$840,000
12%
MLS
1/04/2021
Sold
$750,000
—
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 3433 SE 22nd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,656
4%
$321,250
3%
2024
$8,345
4%
$311,900
3%
2023
$8,024
4%
$302,820
6%
2021
$7,718
-2%
$285,440
-3%
2022
$7,850
2%
$294,000
6%
2021
$7,718
13%
$277,130
3%
2019
$6,820
3%
$269,060
3%
2018
$6,619
4%
$261,230
3%
2017
$6,344
9%
$253,630
3%
2016
$5,806
3%
$246,250
3%
2015
$5,654
2%
$239,080
3%
2014
$5,568
11%
$232,120
3%
2013
$5,023
—
$225,360
—
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.

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Listed by Keller Williams Sunset Corridor (503) 270-5700, Marc Zemp (503) 501-6925

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3433 SE 22nd Ave, Portland, OR 97202 (MLS# 523457612) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3433 SE 22nd Ave is currently listed for $799,000 and was received on September 26, 2025. Want to learn more about 3433 SE 22nd Ave? 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.

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