Map location of 8451 SE FOSTER RD, Portland, OR 97266
$1,250,000
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8451 SE Foster RD, Portland, OR 97266

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10 Beds
10 Baths
5,225 Sq Ft

Discover a prime investment opportunity in Southeast Portland with this well-maintained 7-unit multifamily property located in the vibrant Lents neighborhood. Originally built in 1973, this property offers a balanced unit mix of three 2-bedroom apartments and four 1-bedroom apartments, appealing to a wide range of renters. Positioned conveniently along a major bus line, residents enjoy easy access to public transportation, local shops, dining, and neighborhood amenities, making it a desirable and accessible location. This asset offers investors solid financial performance, featuring a cap rate of 5.12 and an NOI of $9,137 per door. Priced competitively at $1,250,000, it presents an excellent balance of stable cash flow and long-term appreciation potential within one of Portlands continually improving submarkets.

Listing By: Doug Landers - John L. Scott Portland Central orrmls Realty.com
  • MLS# 212865825
  • Date Listed02/12/2026
  • Days on Realty 27 Days
  • Bedrooms 10
  • Bathrooms 10 baths
  • Lot Size 0.2 acres (8,712 sq. ft)
  • Sewer Public Sewer
  • Subdivision LENTS
  • Property Type Multi Family
  • County Multnomah
  • Year Built 1975
  • Water Public
  • Square Feet 5,225 sq. ft
  • Price Per Sq. Ft $239.23

Interior Features

  • Cooling Wall Unit(s)
  • Heating Baseboard

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.20
  • Lot Size SQFT 8,712.00
  • Lot Features Level

Directions

On SE Foster Road - Parking Lot entrance off SE Ellis St at back of property

Financial Considerations

  • Tax Amount $8,717
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Earl Boyles Elementary School

Public • PK - 5 • Serves this home

1.98 mi

Distance

Cherry Park Elementary School

Public • PK - 5

3.02 mi

Distance

Mill Park Elementary School

Public • PK - 5

3.76 mi

Distance

Duniway Elementary School

Public • PK - 5

4 mi

Distance

Riverdale Grade School

Public • PK - 8

7.26 mi

Distance

Shaver Elementary School

Public • PK - 5

7.53 mi

Distance

Irvington K-8 School

Public • PK - 5

7.81 mi

Distance

Boise-eliot/humboldt Elementary School

Public • PK - 5

9.5 mi

Distance

Ron Russell Middle School

Public • 6 - 8

1.98 mi

Distance

Kellogg Middle School

Public • 6 - 8 • Serves this home

2.07 mi

Distance

Lane Middle School

Public • 6 - 8

2.09 mi

Distance

Alice Ott Middle School

Public • 6 - 8

3.22 mi

Distance

Mt Tabor Middle School

Public • 6 - 8

4.18 mi

Distance

Floyd Light Middle School

Public • 6 - 8

4.22 mi

Distance

Happy Valley Middle School

Public • 6 - 8

5.06 mi

Distance

Hosford Middle School

Public • 6 - 8

5.32 mi

Distance

Sellwood Middle School

Public • 6 - 8

5.67 mi

Distance

Roseway Heights K-8 School

Public • 6 - 8

5.9 mi

Distance

Benson Polytechnic High School

Public • 9 - 12

0.9 mi

Distance

Mcdaniel High School

Public • 9 - 12

0.9 mi

Distance

Franklin High School

Public • 9 - 12 • Serves this home

3.01 mi

Distance

Fir Ridge Campus

Public • 9 - 12

3.34 mi

Distance

Clackamas Middle College

Public • 9 - 12

4.22 mi

Distance

Cleveland High School

Public • 9 - 12

4.86 mi

Distance

David Douglas High School

Public • 9 - 12

4.98 mi

Distance

Milwaukie Academy Of The Arts

Public • 9 - 12

6.17 mi

Distance

Milwaukie High School

Public • 9 - 12

6.17 mi

Distance

Clackamas High School

Public • 9 - 12

6.7 mi

Distance

Portland Youth Builders

Private • UG - UG

0.9 mi

Distance

Mt Scott Learning Center

Private • 09 - 12

1.89 mi

Distance

Portland Adventist Academy

Private • 09 - 12

3.02 mi

Distance

Columbia Christian Schools

Private • PK - 12

3.83 mi

Distance

La Salle Catholic College Preparatory

Private • 09 - 12

4.32 mi

Distance

Serendipity Center

Private • KG - 12

4.96 mi

Distance

Youth Progress Association

Private • 06 - 12

5.43 mi

Distance

Portland Waldorf School And Early Childhood

Private • PK - 12

5.54 mi

Distance

Pacific Crest Community School

Private • 06 - 12

5.91 mi

Distance

Central Catholic High School

Private • 09 - 12

5.91 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in OR / 97266

Source: Walk Score

86/100

Very Walkable

Walk Score ®

56/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

8 nearby routes: 7 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 38/100, Bike Score: 73/100.

Property Change History

Points of Interest near 8451 SE FOSTER RD, Portland, OR 97266

Frequently Asked Questions for 8451 SE FOSTER RD

Source: Realty.com

8451 SE FOSTER RD, Portland, OR 97266 is a Multi Family, Residential Income property listed for $1,250,000 The property is 5225 sq. ft with 10 bedrooms and 10 bathrooms

Realty.com has 40 photos of 8451 SE FOSTER RD.

Our records indicate that 8451 SE FOSTER RD was built in 1975.

The full address for this home is 8451 SE FOSTER RD, Portland, OR 97266.

8451 SE FOSTER RD has been listed on Realty.com since Thu February 12, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 38/100, Bike Score: 73/100.

There are 3 schools assigned to this home. Check out the schools near 8451 SE FOSTER RD. Earl Boyles Elementary School (Grades: PK - 5), Kellogg Middle School (Grades: 6 - 8), Franklin High School (Grades: 9 - 12)

Listing provided courtesy of: John L. Scott Portland Central (tel: 503-230-8600)
Listing agent: Doug Landers (tel: 503-936-3905) (#DLANDERS)

This content last refreshed on 2026-03-11 11:47:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 8451 SE FOSTER RD, Portland, OR 97266 : MLS# 212865825

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