# 8451 SE FOSTER Rd, Portland, OR 97266

> **TL;DR:** 10bd/10ba residential multi family, $1,250,000 ($239/sqft), built 1975, 5,225 sqft.
> A/C. Est. $5,417/mo. Listed 57 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Price/sqft | $239 |
| Bedrooms | 10 |
| Bathrooms | 10 full |
| Square Feet | 5,225 |
| Year Built | 1975 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 57 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Nearby Schools

- **Elementary:** Marysville
- **Middle:** Kellogg
- **High:** Franklin

## Key Amenities

- A/C

## Property Highlights

- Built in 1975
- 0.20 acre lot
- 2 stories

## Description

### Agent Description
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 Portland's continually improving submarkets.

## Location

- **Address:** 8451 SE FOSTER Rd, Portland, OR 97266
- **County:** Multnomah
- **Neighborhood:** LENTS
- **Coordinates:** 45.482087, -122.575685
- **Google Maps:** https://www.google.com/maps?q=45.482087,-122.575685

## Listing Agent

- **Name:** Doug Landers
- **Brokerage:** John L. Scott Portland Central
- **Phone:** 5039363905
- **Email:** douglanders@johnlscott.com

## Primary Photo

![8451 SE FOSTER Rd - Primary Photo](http://lh.rdcpix.com/95d3cb03091046c156f99bbc42796c01l-f567366339r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/8451-se-foster-rd-portland-or-97266-12865825)*

---

**MLS#:** 212865825 | **Updated:** 2026-04-26
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8451-se-foster-rd-portland-or-97266-12865825)

---

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