Well-located mixed-use investment property features 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite along NE Fremont Street in Portland’s desirable Beaumont Village neighborhood.Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.A gated entry provides access to the units via an exterior staircase and open-air corridors, minimizing interior common areas and related cleaning and maintenance expenses.
Active
$3,150,000
5042 NE Fremont St, Portland, OR 97213
10beds
5,653sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$557/sqft
$-- HOA
What's special
Open-air corridorsGated entryExterior staircase
- 61 days
- 62
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Daniel Silvey 503-201-8537,
Knipe Realty ERA Powered
Source: RMLS (OR),MLS#: 477860916
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Cooling
- Other
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
Features
- Basement: None
Interior area
- Total structure area: 5,653
- Total interior livable area: 5,653 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 3,920 Square Feet
- Dimensions: 50 x 77
- Features: On Busline, SqFt 3000 to 4999
Details
- Parcel number: R260890
- Zoning: CM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Roof: Metal
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Security Gate, Sidewalk
- Subdivision: Rose City Park
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $557/sqft
- Tax assessed value: $2,231,600
- Annual tax amount: $25,360
- Date on market: 8/5/2026
- Listing terms: Call Listing Agent,Cash,Conventional,Owner Will Carry
- Total actual rent: 14000
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $3,150,000+782.4%$557/sqft |
Source:  RMLS (OR) #477860916 Report a problem | ||
| 10/18/2019 | Sold | $357,000-6.1%$63/sqft |
Source:  RMLS (OR) #19588859 Report a problem | ||
| 9/13/2019 | Pending sale | $380,000$67/sqft |
Source: RE/MAX Equity Group #19588859 Report a problem | ||
| 8/21/2019 | Listed for sale | $380,000$67/sqft |
Source: RE/MAX Equity Group #19588859 Report a problem | ||
| 8/17/2019 | Pending sale | $380,000$67/sqft |
Source: RE/MAX Equity Group #19588859 Report a problem | ||
| 7/25/2019 | Listed for sale | $380,000-25.5%$67/sqft |
Source: RE/MAX Equity Group #19588859 Report a problem | ||
| 4/30/2019 | Listing removed | $510,000$90/sqft |
Source: Real Estate Investment Group #19087944 Report a problem | ||
| 4/25/2019 | Price change | $510,000-68.1%$90/sqft |
Source: Real Estate Investment Group #19087944 Report a problem | ||
| 3/25/2019 | Listed for sale | $1,600,000+1354.5%$283/sqft |
Source: Real Estate Investment Group #19087944 Report a problem | ||
| 5/31/2000 | Sold | $110,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,360 +3.7% | $941,180 +3% |
| 2024 | $24,448 +200.4% | $913,770 +197.6% |
| 2023 | $8,137 +311.2% | $307,080 +314.4% |
| 2022 | $1,979 +1.7% | $74,100 +3% |
| 2021 | $1,945 -20.3% | $71,950 -24.7% |
| 2020 | $2,442 +3.8% | $95,570 +3% |
| 2019 | $2,352 | $92,790 +3% |
| 2018 | $2,352 +3% | $90,090 +3% |
| 2017 | $2,283 +14% | $87,470 +3% |
| 2016 | $2,002 | $84,930 +3% |
| 2015 | $2,002 +2.7% | $82,460 +3% |
| 2014 | $1,950 +3.9% | $80,060 +3% |
| 2013 | $1,876 +10.5% | $77,730 +3% |
| 2012 | $1,697 +3.9% | $75,470 +3% |
| 2011 | $1,633 +5.4% | $73,280 +3% |
| 2010 | $1,550 +2.7% | $71,150 +3% |
| 2009 | $1,509 +6% | $69,080 +3% |
| 2008 | $1,424 +0.3% | $67,070 +3% |
| 2007 | $1,420 +11.3% | $65,120 +3% |
| 2006 | $1,275 +4.7% | $63,230 +3% |
| 2005 | $1,218 -8.2% | $61,390 +3% |
| 2004 | $1,327 +2.3% | $59,610 +3% |
| 2003 | $1,298 +8.9% | $57,880 +3% |
| 2002 | $1,192 +7.3% | $56,200 +6.1% |
| 2000 | $1,110 +7.5% | $52,990 +3% |
| 1999 | $1,032 | $51,450 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Rose City Park
Nearby schools
Schools provided by the listing agent
- Elementary: Alameda
- Middle: Beaumont
- High: Grant
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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