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 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.
Active
Price cut: $15K (7/19)
$715,000
5105-5109 SE Tibbetts St, Portland, OR 97206
5beds
3,420sqft
Residential, Single Family Residence
Built in 1956
5,662 Square Feet Lot
$-- Zestimate®
$209/sqft
$-- HOA
What's special
Newer floorsOversized corner lotQuiet street
- 156 days |
- 790 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Michael Kafoury 503-490-0344,
Urban Nest Realty
Source: RMLS (OR),MLS#: 230352243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Laundry Room
Features
- Flooring: Hardwood
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight,Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,420
- Total interior livable area: 3,420 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Driveway
- Garage spaces: 3
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Kitchen Cabinets, Natural Lighting, Parking, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Yard
- Has view: Yes
- View description: Seasonal
Lot
- Size: 5,662 Square Feet
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: R142608
- Zoning: R2.5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1956
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Sidewalk
- Subdivision: South Tabor
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $783,140
- Annual tax amount: $6,949
- Date on market: 3/24/2026
- Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Price change | $715,000-2.1%$209/sqft |
Source:  RMLS (OR) #230352243 Report a problem | ||
| 5/26/2026 | Price change | $730,000-2.5%$213/sqft |
Source: RMLS (OR) #230352243 Report a problem | ||
| 3/24/2026 | Listed for sale | $749,000+25%$219/sqft |
Source: RMLS (OR) #652700971 Report a problem | ||
| 7/31/2019 | Sold | $599,000$175/sqft |
Source:  RMLS (OR) #19317227 Report a problem | ||
| 7/2/2019 | Pending sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
| 6/22/2019 | Listed for sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
| 6/18/2019 | Pending sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
| 6/10/2019 | Listed for sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
| 6/5/2019 | Pending sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
| 5/24/2019 | Listed for sale | $599,000$175/sqft |
Source: RareBird Real Estate #19317227 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,950 +3.7% | $257,930 +3% |
| 2024 | $6,700 +4% | $250,420 +3% |
| 2023 | $6,443 +2.2% | $243,130 +3% |
| 2022 | $6,303 +1.7% | $236,050 +3% |
| 2021 | $6,196 +9% | $229,180 +3% |
| 2020 | $5,684 +7.2% | $222,510 +6.3% |
| 2019 | $5,303 | $209,230 +3% |
| 2018 | $5,303 +3% | $203,140 +3% |
| 2017 | $5,147 +14% | $197,230 +3% |
| 2016 | $4,515 | $191,490 +3% |
| 2015 | $4,515 +2.7% | $185,920 +3% |
| 2014 | $4,397 +3.9% | $180,510 +3% |
| 2013 | $4,230 +18.6% | $175,260 +3% |
| 2012 | $3,567 -3.1% | $170,160 +3% |
| 2011 | $3,682 +5.4% | $165,210 +3% |
| 2010 | $3,494 +2.7% | $160,400 +3% |
| 2009 | $3,402 +6% | $155,730 +3% |
| 2008 | $3,211 +0.3% | $151,200 +3% |
| 2007 | $3,201 +26.5% | $146,800 +17% |
| 2006 | $2,531 +4.7% | $125,480 +3% |
| 2005 | $2,417 -8.2% | $121,830 +3% |
| 2004 | $2,633 +2.3% | $118,290 +3% |
| 2003 | $2,575 +8.9% | $114,850 +3% |
| 2002 | $2,365 +7.4% | $111,510 +6.1% |
| 2000 | $2,202 | $105,120 |
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: Richmond
Nearby schools
GreatSchools rating
- 9/10Creston Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Creston
- Middle: Kellogg
- High: Franklin
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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