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
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 4, 2026