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 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
- 196 days
- 365
- 16
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
- 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 |
|---|---|---|
| 9/23/2026 | Listed for sale | $715,000$209/sqft |
Source:  RMLS (OR) #230352243 Report a problem | ||
| 9/3/2026 | Pending sale | $715,000$209/sqft |
Source: RMLS (OR) #230352243 Report a problem | ||
| 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 | ||
Public tax history
Tax history is unavailable.
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
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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