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7340 87th Ave

Portland, OR 97223

3 bd 2 ba 2,184 sqft Built 1957 Lot 9,147 sqft single_family
Most recent sale
$775,500
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $775,500 MLS #22108722
Apr 22, 2022 Listed $685,000 MLS #22108722
Jun 4, 2018 Sold $450,000 MLS #18667034
Apr 10, 2018 Listed $450,000 MLS #18667034

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,360 $6,723
2023 $333,080 $6,050
2022 $323,380 $5,849
2021 $292,540 $5,257
2020 $284,020 $5,098
2019 $275,750 $4,936
2018 $267,720 $4,775
2017 $259,930 $4,603
2016 $252,360 $4,439
2015 $245,010 $4,282
2014 $237,880 $4,204
2013 $230,960 $4,058
2012 $224,240 $3,669
2011 $217,710 $3,574
2010 $211,370 $3,481
2009 $205,220 $3,410
2008 $199,250 $3,159
2007 $193,450 $3,086

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,184 sqft
Lot size
9,147 sqft
ZIP code
97223
City
Portland
Street
87th Ave
Coordinates
45.46713, -122.76649

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,368
Gross rental yield
6.76%
Implied cap rate
4.39%
Trend-extrapolated value

Frequently asked questions

When did 7340 87th Ave last sell?
7340 87th Ave most recently sold on May 13, 2022 for $775,500.
What is the current tax assessment for 7340 87th Ave?
The most recent total assessment for 7340 87th Ave (year 2025) is $353,360 with $6,723 in property tax.
How does 7340 87th Ave's assessment compare to its last sale price?
The current assessment is 54.4% below the last sale price of $775,500.
When was 7340 87th Ave built?
7340 87th Ave was built in 1957.
How does 7340 87th Ave compare to others on 87th Ave?
We track 8 other properties on 87th Ave. Browse the list under "Other properties on 87th Ave" to compare beds, baths, and sale history.
What are the property facts for 7340 87th Ave?
7340 87th Ave is a 3 bed, 2 bath, 2,184 sqft, 9,147 sqft lot single_family.
Is 7340 87th Ave a flip candidate?
No — 7340 87th Ave does not appear in our flips dataset.
Is 7340 87th Ave a tax-appeal candidate?
No — 7340 87th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.1%
2026 Q3
$574.2K
2026 Q4
$556.8K
ZIP 97223 — Median Price History + Forecast

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