5105 5109 SE Tibbetts St, Portland, OR 97206
Local realty services provided by:CENTURY 21 Northstar
5105 5109 SE Tibbetts St,Portland, OR 97206
$749,000
- - Beds
- - Baths
- 3,420 sq. ft.
- Multi-family
- Active
Listed by: michael kafoury
Office: urban nest realty
MLS#:652700971
Source:PORTLAND
Price summary
- Price:$749,000
- Price per sq. ft.:$219.01
About this home
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing in just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.
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Home facts
- Year built:1956
- Listing ID #:652700971
- Added:10 day(s) ago
- Updated:April 04, 2026 at 06:30 PM
Rooms and interior
- Basement Description:Full Basement, Partial Finished
- Living area:3,420 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:3,420 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Corner Lot, Level
- Foundation Description:Concrete Perimeter
Schools
- High school:Franklin
- Middle school:Kellogg
- Elementary school:Creston
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,000
- Price per sq. ft.:$219.01
- Tax amount:$6,950 (2025)
Parking
- Total parking spaces:3
- Parking description:Carport, Off Street
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