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: $19K (5/26)
$730,000
5105-5109 SE Tibbetts St, Portland, OR 97206
5beds
3,420sqft
Residential, Single Family Residence
Built in 1956
5,662 Square Feet Lot
$-- Zestimate®
$213/sqft
$-- HOA
What's special
Newer floorsOversized corner lotQuiet street
- 109 days |
- 864 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Michael Kafoury 503-490-0344,
Urban Nest Realty
Source: RMLS (OR),MLS#: 230352243
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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: $213/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 |
|---|---|---|
| 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 | $105,120 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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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- Oregon
- Multnomah County
- Portland
- 97206
- Richmond
- 5105-5109 SE Tibbetts St
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