Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$450,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
This single-level duplex in Southeast Portland offers two spacious 3 bedroom, 2 bathroom homes with great layouts. Each unit has its own entrance, laundry hookups, a fully fenced backyard, and a storage shed. Combined rents total $3,770 per month with a 7.2% projected cap rate at list price. Both units are month to month with one long term tenant at below market rent. It's minutes to I-205 and close to Portland Community College Southeast. Tenant occupied, please do not disturb. Showings upon accepted offer only.

Full Property Details for 8240 SE Kelly St

General

  • Price: $450,000
  • Taxes: $4,765 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 676695017
  • Updated: 10/19/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Trash Collection

Parking

  • Total Spaces: 6
  • Parking Features: Open, Paved

Location

  • County: Multnomah
  • Subdivision: POWELHURST-GILBERT
  • Driving Directions: 82nd Ave, South on Division, North on Powell Blvd, East on Kelly St

School Information

  • Elementary School: Clark
  • Middle School: Harrison Park
  • High School: Leodis McDaniel

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 2,200
  • Year Built: 1995

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Unimproved
  • Lot Features: Level, On Busline

Financial Considerations

  • Operating Expenses: $13,436
  • Tax Amount: $4,765.48
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PARTITION PLAT 1994-43, LOT 2
  • Disclosures/Reports: Disclosure
  • Property ID: R238227

Listed by Keller Williams PDX Central (503) 548-4848, Molly LeBlanc (503) 490-5229 and Keller Williams PDX Central (503) 548-4848, Tyler Rise (425) 286-3634

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 8240 SE Kelly St —

  • Molly LeBlanc

    Keller Williams PDX Central

    503-548-4848

  • Tyler Rise

    Keller Williams PDX Central

    503-548-4848

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

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!

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 8240 SE Kelly St

School District:Portland School District 1j
NameGradesDistance
Harrison Park School
2225 Southeast 87th Avenue, Portland, OR 97216
6-80.6 mi
Creative Science School
1231 Southeast 92nd Avenue, Portland, OR 97216
K-81.1 mi
Leodis V. McDaniel High School
3905 Southeast 91st Avenue, Portland, OR 97266
9-120.5 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 8240 SE Kelly St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2026
Listed
$450,000
28.57%
MLS
6/25/2020
Sold
$350,000
—
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 8240 SE Kelly St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,765
4%
$176,860
3%
2024
$4,594
4%
$171,710
3%
2023
$4,418
4%
$166,710
6%
2021
$4,249
-2%
$157,150
-3%
2022
$4,322
2%
$161,860
6%
2021
$4,249
13%
$152,580
3%
2019
$3,755
3%
$148,140
3%
2018
$3,644
4%
$143,830
3%
2017
$3,493
9%
$139,650
3%
2016
$3,197
3%
$135,590
3%
2015
$3,113
19%
$131,650
3%
2014
$2,606
3%
$127,820
3%
2013
$2,534
—
$124,100
—
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 8240 SE Kelly St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams PDX Central (503) 548-4848, Molly LeBlanc (503) 490-5229 and Keller Williams PDX Central (503) 548-4848, Tyler Rise (425) 286-3634

Just Listed near 8240 SE Kelly St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10400 SE Cook Ct, Milwaukie, OR 97222 - Photo 1 Just Listed
$146,000

10400 SE Cook Ct  #138  Milwaukie, OR 97222

  • Manufactured Home
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,404
    Sq. Ft.
Listed by McKenzie-Baker Properties, Marjorie Baker
10101 SE 49th Ave, Milwaukie, OR 97222 - Photo 1 Just Listed
$525,000

10101 SE 49th Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,380
    Sq. Ft.
Listed by HomeSmart Realty Group, Kim Daley
11335 SE Beckman Ave, Milwaukie, OR 97222 - Photo 1 Just Listed
$569,000

11335 SE Beckman Ave  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,192
    Sq. Ft.
Listed by Real Broker, Carrie Wellhouser
4892 SE Fieldcrest Dr, Milwaukie, OR 97222 - Photo 1 Just Listed
$675,000
Open House

4892 SE Fieldcrest Dr  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,662
    Sq. Ft.
Listed by Premiere Property Group, LLC, Pam Lewis

Price Reduced near 8240 SE Kelly St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12245 SE Whitcomb Dr, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$32,777 (-5.22%)
$595,000

12245 SE Whitcomb Dr  Milwaukie, OR 97222

  • Multi-Family
  • Active
  • Updated 6 days ago
Listed by Real Estate Performance Group, Michael Fuller
4407 SE Roethe Rd, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$2,500 (-3.33%)
$72,500

4407 SE Roethe Rd  #41  Milwaukie, OR 97267

  • Manufactured Home
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 840
    Sq. Ft.
Listed by Realty One Group Willamette Valley, Felicia Cobb
5648 SE Campanario Rd, Milwaukie, OR 97222 - Photo 1 Price Reduced
-$49,100 (-6.15%)
$749,900
Open House

5648 SE Campanario Rd  Milwaukie, OR 97222

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 3,524
    Sq. Ft.
Listed by John L. Scott Portland Central, Tim Tubb
1700 SE River Forest Rd, Milwaukie, OR 97267 - Photo 1 Price Reduced
-$5,000 (-1.05%)
$469,950

1700 SE River Forest Rd  Milwaukie, OR 97267

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,164
    Sq. Ft.
Listed by HomeTown Realty, Chad Hohman

Recent Sales near 8240 SE Kelly St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8315 SE Bush St, Portland, OR 97266 - Photo 1 Sold
$438,000

8315 SE Bush St  Portland, OR 97266

  • Condo / Townhouse
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,536
    Sq. Ft.
Listed by KJK Properties PC, Allison Grice
Sold by Move Real Estate Inc, Brittany Gibbs
8610 SE Brooklyn St, Portland, OR 97266 - Photo 1 Sold
$405,000

8610 SE Brooklyn St  Portland, OR 97266

  • Condo / Townhouse
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 1,772
    Sq. Ft.
Listed and Sold by John L. Scott Portland Central, Michael Smira
2916 SE 85th Ave, Portland, OR 97266 - Photo 1 Sold
$515,000

2916 SE 85th Ave  Portland, OR 97266

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,997
    Sq. Ft.
Listed by eXp Realty, LLC, Anne Stewart
Sold by Property Group NW, Ariel Sasser
3525 SE 80th Ave, Portland, OR 97206 - Photo 1 Sold
$510,000

3525 SE 80th Ave  Portland, OR 97206

  • Single Family
  • Sold
  • 3
    Beds
  • 3
    Total Baths
  • 2,329
    Sq. Ft.
Listed by Premiere Property Group, LLC, Kerri Hartnett
Sold by All Professionals Real Estate, Rana Schnaubelt

8240 SE Kelly St, Portland, OR 97266 (MLS# 676695017) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 8240 SE Kelly St is currently listed for $450,000 and was received on October 17, 2026. Want to learn more about 8240 SE Kelly 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.

Tour this property