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2406 SE Yamhill St, Portland, OR, 97214

4beds
3baths
3,110sqft
$800,000
$257price/sqft
$5,171/moest. monthly cost
$206,840/yrincome needed

About This Home

Full of charm and opportunity, this classic Victorian triplex in Southeast Portland offers both investment potential and character. The property features two main-level units plus a spacious upper-level unit, with a combined total of just over 3,100 square feet. All three units are currently occupied. A sweet and private backyard provides a rare retreat in the heart of the city. Located in the highly desirable Buckman/Belmont area, the property offers exceptional walkability, easy access to public transportation, and a vibrant mix of entertainment, dining, and shopping just outside your door. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this triplex offers a flexible and rewarding investment in a fantastic location.

Getting Around

90
WalkingVery Walkable
51
TransitGood Transit
90
BikeBiker's Paradise

Schools

9/10
6/10
Franklin High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1889

Materials

  • Foundation: Other
  • Roof: Composition,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator,Washer/Dryer,Dishwasher

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,110
  • Total interior livable area: 3,110 sqft

Property

Details

  • Parcel number: R181200
  • Zoning: R2.5

Features

  • Stories: 2

Lot

  • Lot size: 6,098 sqft
  • Features: Gentle Sloping,Level,SqFt 5000 to 6999

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance *$164$1,968
Property Taxes $680$8,160
Electricity $282$3,386
Total$5,171$62,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,291/yr
40% on housing$155,130/yr
45% on housing$137,893/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 97214$263
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97214$319
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-27Listed for sale$800,000
2026-01-20Pending sale$800,000
2025-09-17Listed for sale$800,000
2017-10-05Sold$775,000
2017-08-18Pending sale$799,000
2017-07-22Price change$799,000
2017-06-19Price change$849,950
2017-06-07Listed for sale$950,000
2005-06-03Sold$380,000
1996-07-18Sold$200,000

For Sale by Agent

AgentJudy Adler
BrokerageWindermere Heritage

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