RealtyLens
for saleRealtyLens property overview
$525,000

8625 SE Knapp St

Portland, OR, 97266
View more Portland, OR property pages
4Beds
2Baths
1,642Sqft
$320$/sqft

Listing Notes

Two detached residences on one lot paired with a 3% assumable FHA loan, creating an appealing opportunity for those seeking rental income, shared living flexibility, or long-term investment potential.The main home at 8625 SE Knapp St includes 2 bedrooms, 1 bathroom, and 1,042 sq ft of thoughtfully updated space. Features include quartz countertops, stainless steel appliances, an updated bathroom with walk-in shower, and an open-concept layout. Additional improvements such as LVP flooring, tankless water heater, Nest-controlled gas furnace, and plumbing updates support everyday efficiency.The second residence at 7227 SE 87th Ave offers 2 bedrooms and 1 bathroom across 600 sq ft, with quartz countertops, stainless appliances, stackable laundry, and a practical layout. A 20' x 12' covered parking patio adds usable outdoor functionality. A compelling setup for those exploring multi-unit living or income-producing property options.

Market Insights

Near nearby median+3.6%

$320/sqft vs a nearby median of $309/sqft.

Nearby median$309/sqft
Nearby properties8
Property size1,642 sqft
  • +3.6% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 1,642 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$498k$468k$528k · 80% confidence
vs ask $525k+$27k (+5.1%)

Asking price is about 5.1% above where comps + adjustments land — there is room to negotiate.

$308/sqft median across 7 tight comps × 1,642 sqft= $506k
  • Sparse street life−$8k −1.5%
Cumulative NYC adjustments−$8k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+3.6% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementNo cuts recorded

The available price history has not shown a cut yet, so leverage may need to come from comps, condition, or days on market.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
32 photos
Property type
single family
Status
for sale
Last sold
Oct 31, 2025 · $370,000

Features & Amenities

Corner LotDishwasherForced AirSingle StoryRental PropertyEfficientOpen Concept Floor PlanOpen ConceptDenCovered PatioPatio

Photos

Price History

May 12, 2026diff
$525,000for sale
May 8, 2026Initial record
$525,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.