8044 Se MALDEN St, Portland, OR 97206

• 2,324 sqft

Property Description

Turnkey Portland Multi-Unit — 6.79% Cap Rate, Fully OccupiedRare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.79% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.

Listing Status:

Active

Date Added:

June 19, 2026

Data Last Updated:

September 13, 2026 at 2:41PM

Listing Office:

KOR Realty : 503-680-4371

Listing Agent:

Korrie Hicks : 503-680-4371

MLS ID:

505205300

Interior

• Basement: Crawl space
• A/C: Central airHeat pump
• Heating: DuctlessForced airWall heater

Exterior

• General: Lap siding
• Parking: DrivewayParking spaces: 4

Construction

• Roofing: Composition

Location

• Road/Access: GravelPaved
• Golf: Commons
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM1SPOONERBLOCK 2LOT 22W 21.5' OF LOT 23R274283

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.