Active

$839,999

5405 SE Lafayette St, Portland, OR 97206

8beds

3,300sqft

Get pre-qualified

Multi Family

Built in 1970

-- sqft lot

$-- Zestimate^®

$255/sqft

$-- HOA

What's special

Practical layout

Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you the option to move in and let the other tenants help pay your mortgage, or set your own rent.

311 days

182

10

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Radiant, Wall Furnace

Appliances

Included: Dishwasher, Range, Refrigerator, Electric Water Heater, Tank Water Heater

Features

Flooring: Hardwood
Basement: Crawl Space

Interior area

Total structure area: 3,300
Total interior livable area: 3,300 sqft

Property

Parking

Parking features: Assigned, Off Street

Features

Stories: 2
Has view: Yes
View description: Seasonal

Lot

Size: 5,227 Square Feet
Dimensions: 2 x 50 x 100
Features: Level, Seasonal, SqFt 5000 to 6999

Details

Parcel number: R229040
Zoning: RM2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Tongue and Groove, Wood Siding
Foundation: Concrete Perimeter, Slab
Roof: Shingle

Condition

Existing
Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: All Landscaping, Front Yard Landscaping
Security: None, Security Lights

Location

Region: Portland

Financial & listing details

Price per square foot: $255/sqft
Tax assessed value: $633,290
Annual tax amount: $8,646
Date on market: 8/26/2025
Listing terms: Cash,Conventional
Total actual rent: 4025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/1/2025	Price change	$839,999-15.2%$255/sqft
Source: RMLS (OR) #439731831 Report a problem
8/26/2025	Listed for sale	$990,000+309.1%$300/sqft
Source: RMLS (OR) #439731831 Report a problem
7/14/2003	Sold	$242,000+11%$73/sqft
Source: Public Record Report a problem
7/19/2002	Sold	$218,000$66/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,969 +3.7%	$332,860 +3%
2024	$8,647 +4%	$323,170 +3%
2023	$8,314 +2.2%	$313,760 +3%
2022	$8,134 +1.7%	$304,630 +3%
2021	$7,997 +9%	$295,760 +3%
2020	$7,336 +3.8%	$287,150 +3%
2019	$7,066	$278,790 +3%
2018	$7,066 +3%	$270,670 +3%
2017	$6,858 +14%	$262,790 +3%
2016	$6,016	$255,140 +3%
2015	$6,016 +2.7%	$247,710 +3%
2014	$5,858 +21.6%	$240,500 +3%
2013	$4,819 +16.2%	$233,500 +3%
2012	$4,147 -4.7%	$226,700 +3%
2011	$4,349 -2.4%	$220,100 +3%
2010	$4,456 -1.7%	$213,690 +3%
2009	$4,533 +6%	$207,470 +3%
2008	$4,277 +0.3%	$201,430 +3%
2007	$4,265 +11.4%	$195,570 +3%
2006	$3,830 +4.7%	$189,880 +3%
2005	$3,658 -5.3%	$184,350 +3%
2004	$3,861 +33.8%	$178,990 +9.3%
2003	$2,886 +6.4%	$163,750 +3%
2002	$2,713 +4.9%	$158,990 +5%
2000	$2,586 +0%	$151,400
1999	$2,586	$151,400

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.

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.

Get pre-qualified