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. The lower unit is currently vacant, presenting an ideal opportunity for an owner-occupant or value-driven investor seeking immediate upside.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.
Active
$750,000
3236 SE Yamhill St, Portland, OR 97214
3beds
2,475sqft
Est.:
Multi Family
Built in 1904
-- sqft lot
$-- Zestimate®
$303/sqft
$-- HOA
What's special
Double lotShared laundry
- 48 days
- on Zillow |
- 934 |
- 46 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 06:29pm
Listed by:
Steve Odermann sodermann@windermere.com,
Windermere Realty Trust,
Bekah McGuire 503-260-0309,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 438416964

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Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Electric Water Heater, Gas Water Heater
Features
- Flooring: Wood, Hardwood
- Windows: Window Coverings
- Basement: Unfinished
Interior area
- Total structure area: 2,475
- Total interior livable area: 2,475 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R280638
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- Year built: 1904
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $643,310
- Annual tax amount: $6,088
- Date on market: 6/24/2025
- Listing terms: Cash,Conventional
- Total actual rent: 3470
- Road surface type: Paved
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