8044 SE Malden St, Portland, OR, 97206
About This Home
***ALL UNITS ARE TENANT OCCUPIED. Please do not Disturb Tenants.*** Do Not Enter Property. Rare multi-unit opportunity with three separate living spaces and strong income potential. All are currently rented on month-to-month terms. Unit A - built in 2019, includes 2 bedrooms, 2 bathrooms, a laundry room, LVT flooring, fresh interior paint as of 3/2025, and an open kitchen, dining, and living area. HVAC with gas heat and air conditioning provides year-round comfort, and an exterior storage room adds convenience. Behind the main home, UNIT B - offers a 1-bedroom, 1-bath with an open living area, laundry/storage space, ductless electric heat and A/C, and its own exterior storage room. Updates include a 2019 roof, some siding, kitchen plumbing, and electrical improvements. The detached STUDIO - adds even more versatility with an open living area, small kitchen counter with sink, full bathroom, electric heat, and 2019 roof. Enjoy a private patio area shaded by a mature grape arbor, creating a relaxing outdoor retreat between the living spaces. Seller holds an Oregon Real Estate License.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Existing
- Year built: 2019
Materials
- Roof: Composition
- Construction materials: Lap Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Gas Water Heater
- Laundry features: Washer Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Features
- Storage
Heating & Cooling
- Heating features: Ductless,Forced Air
- Cooling features: Central Air,Heat Pump,Air Conditioning
Interior Area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
Property
Details
- Parcel number: R274283
- Zoning: RM1
Features
- Stories: 1
Lot
- Lot size: 6,534 sqft
- Features: Level,SqFt 5000 to 6999
Parking
- Total spaces: 4
- Parking features: Driveway
- 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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,604 | $31,248 |
| Home Insurance * | $115 | $1,380 |
| Property Taxes | $437 | $5,244 |
| Electricity | $210 | $2,530 |
| Total | $3,366 | $40,392 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Price change | $515,000 |
| 2026-06-20 | Listed for sale | $525,000 |
| 2025-05-27 | Listing removed | $1,875 |
| 2025-04-15 | Listed for rent | $1,875 |
| 2021-03-24 | Listing removed | -- |
| 2019-06-06 | Listing removed | $1,650 |
| 2019-05-25 | Listed for rent | $1,650 |
| 2015-08-23 | Sold | $147,525 |
| 2015-05-16 | Price change | $30,000 |
| 2015-01-27 | Listed for sale | -- |
| 2007-06-26 | Sold | $154,500 |
| 2004-03-31 | Sold | $105,000 |
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