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3236 SE Yamhill St, Portland, OR, 97214

3beds
2baths
2,475sqft
$750,000
$303price/sqft
$4,806/moest. monthly cost
$192,240/yrincome needed

About This Home

Rare Inner SE Development + Income Opportunity in the Heart of Sunnyside! This charming duplex sits on a rare double lot (66x100) in the highly desirable Sunnyside neighborhood, just blocks from vibrant Belmont and Hawthorne corridors. The property features a 2 bed/1 bath main-level unit and a 1 bed/1 bath upper-level unit, with shared laundry and ample storage in the basement.With a history of long-term tenants and low vacancy, this property has been well-maintained by a longtime owner.Per the City of Portland, a simple lot line confirmation could create a second buildable 33x100 lot—unlocking potential for increased density or future development. Buyer to conduct all due diligence; seller makes no warranties or representations.Whether you're looking to hold for cash flow, add value through redevelopment, or live on-site while planning your next move, this is a compelling opportunity in one of Portland’s most dynamic neighborhoods.

Getting Around

95
WalkingWalker's Paradise
50
TransitGood Transit
100
BikeBiker's Paradise

Schools

9/10
6/10
Franklin High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1904

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator,Electric Water Heater,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Window Coverings
  • Flooring: Wood,Hardwood

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,475
  • Total interior livable area: 2,475 sqft

Property

Details

  • Parcel number: R280638
  • Zoning: R2.5

Features

  • Stories: 2

Lot

  • Lot size: 6,534 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Parking features: Driveway,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 $3,792$45,504
Home Insurance *$153$1,836
Property Taxes $637$7,644
Electricity $224$2,695
Total$4,806$57,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,777/yr
40% on housing$144,180/yr
45% on housing$128,160/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

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 97214$262
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)

No zestimate history available

Price History

DateEventPrice
2025-11-21Listed for sale$750,000

For Sale by Agent

AgentSteve Odermann
BrokerageLUXE Forbes Global Properties

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