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Off market
    • $702,000

    1554 N Jessup St, Portland, OR 97217

    3beds
    2baths
    2,170sqft
    MultiFamily
    Built in 2015
    -- sqft lot
    $702,000 Zestimate®
    $324/sqft
    $2,592 Estimated rent

    Home value

    $702,000

    $667,000 - $737,000

    $2,592/mo

    Zestimate® history
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    $4,291/mo

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    What's special

    Lots of options for investment or partial owner-occupied. Lower Unit is mo-to-mo starting Jan. Upper Unit (main house) is Leased thru Sept 2021. Home was Lovingly rebuilt (even new studs & foundation) by current owners. Finished in 2015, no detail was missed. Full of reclaimed material & beautiful craftsmanship. All new systems/mechanicals. Each unit has separate entrance, driveway, W/D & outdoor space. Detached garage used as storage. Interior Viewing After Accepted Offer. New Photos Added!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Radiant, Gas
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Flooring: Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,170 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,000 sqft
    • Features: Light Rail
    Details
    • Parcel number: R176476
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Restored
    • Year built: 2015

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 3645

    Other

    Other facts
    • Roof: Metal
    • Sewer: Public Sewer
    • WaterSource: Public
    • RoadSurfaceType: Paved
    • Heating: Radiant
    • Zoning: R2
    • Appliances: Dishwasher, Washer/Dryer, Gas Water Heater
    • Basement: Finished, Full, Daylight
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • Utilities: Natural Gas Connected
    • Flooring: Hardwood
    • FoundationDetails: Slab
    • ConstructionMaterials: Wood Siding
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Storage, Assigned
    • RentIncludes: Water, Sewer, Trash Collection
    • CapRate: 5.04
    • LotFeatures: Light Rail
    • GrossIncome: 43740
    • PropertyCondition: Restored
    • MlsStatus: Pending
    • OperatingExpense: 9726
    • TotalActualRent: 3645
    • GrossScheduledIncome: 43740
    • NetOperatingIncome: 34014
    • TaxAnnualAmount: 6660.11
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2021Sold$665,000+565%$306/sqft
    Source: RMLS (OR) #20124632 Report a problem
    6/26/2017Listing removed$2,150$1/sqft
    Source: L. Moore Property Mgmt., Inc Report a problem
    6/14/2017Price change$2,150-2.1%$1/sqft
    Source: L. Moore Property Mgmt., Inc Report a problem
    5/25/2017Price change$2,195+46.8%$1/sqft
    Source: L. Moore Property Mgmt., Inc Report a problem
    4/10/2017Listed for rent$1,495$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/17/2016Listing removed$1,495-30.5%$1/sqft
    Source: L. Moore Property Mgmt., Inc Report a problem
    3/10/2015Listing removed$2,150$1/sqft
    Source: LMPMI/L. Moore Property Mgmt., Inc Report a problem
    2/26/2015Price change$2,150-4.4%$1/sqft
    Source: LMPMI/L. Moore Property Mgmt., Inc Report a problem
    2/20/2015Listed for rent$2,250$1/sqft
    Source: LMPMI/L. Moore Property Mgmt., Inc Report a problem
    3/11/2009Sold$100,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,453 +3.7%$313,730 +3%
    2024$8,150 +4%$304,600 +3%
    2023$7,836 +2.2%$295,730 +3%
    2022$7,667 +1.7%$287,120 +3%
    2021$7,537 +9%$278,760 +3%
    2020$6,914 +3.8%$270,650 +3%
    2019$6,660 $262,770 +3%
    2018$6,660 +3%$255,120 +3%
    2017$6,464 +14%$247,690 +3%
    2016$5,670 $240,480 +32%
    2015$5,670 +31.6%$182,220 +83.3%
    2014$4,309 +67.5%$99,420 -6.8%
    2013$2,573 +47.2%$106,630 +37.2%
    2012$1,748 +3.9%$77,720 +3%
    2011$1,682 +5.4%$75,460 +3%
    2010$1,596 +2.7%$73,270 +3%
    2009$1,554 +37.7%$71,140 +33.8%
    2008$1,129 +0.3%$53,160 +3%
    2007$1,125 +11.4%$51,610 +3%
    2006$1,011 -3.5%$50,110 -5%
    2005$1,047 -8.2%$52,760 +3%
    2004$1,140 +2.2%$51,220 +3%
    2003$1,115 +8.9%$49,740 +3%
    2002$1,024 +7.4%$48,300 +6.1%
    2000$954 $45,540

    Find assessor info on the county website

    Neighborhood: Overlook

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Beach
    • Middle: Ockley Green
    • High: Jefferson/Roosevelt

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $702,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $702,000

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