Investment potential in this spacious 4,002 sq ft mid-century home offering multiple options for value-add and income generation. The main level features hardwood floors throughout, a remodeled kitchen and updated bathrooms, providing immediate rent-ready appeal while preserving classic mid-century character.Laundry is located on the main floor, with the ability to add a second laundry in the basement—ideal for future duplex, ADU, or multi-tenant configuration (buyer to verify). Updated double-pane windows and a 200-amp electrical service support expansion, modernization, and additional units.The property includes a covered patio, raised garden beds, and a large backyard. Lots of room for hobbies and animals. Generous square footage and layout flexibility allow for a variety of strategies including house hacking, multi-generational living, or conversion to income-producing units.A strong blend of updated systems, size, and classic architecture makes this property a compelling opportunity for investors seeking long-term appreciation and rental income. Decommissioned oil-tank.
Sold
$777,750
5405 SE Mall St, Portland, OR 97206
3beds
4,002sqft
Residential, Single Family Residence
Built in 1951
8,712 Square Feet Lot
$773,200 Zestimate®
$194/sqft
$2,581 Estimated rent
Home value
$773,200
$719,000 - $827,000
$2,581/mo
Zestimate® history
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$2,581/mo
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$4,830/mo
Est. payment
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$4,830/mo
Est. payment
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List your homeWhat's special
Large backyardRemodeled kitchenCovered patioUpdated bathroomsUpdated double-pane windowsHardwood floors throughoutRaised garden beds
Zillow last checked:
Listing updated:
Listed by:
Tarah Pond 503-318-6452,
RE/MAX Equity Group
Bought with:
Jeff Capen, 200308199
Windermere Realty Trust
Source: RMLS (OR),MLS#: 776480188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Utility Room, Laundry, Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Hardwood Floors, Wallto Wall Carpet
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Bedroom 2
- Features: Hardwood Floors, Wallto Wall Carpet
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Features: Hardwood Floors, Wallto Wall Carpet
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 4
- Features: Wallto Wall Carpet
- Level: Lower
- Area: 208
- Dimensions: 16 x 13
Dining room
- Features: Formal
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Family room
- Features: Bookcases, Fireplace Insert
- Level: Lower
- Area: 748
- Dimensions: 44 x 17
Kitchen
- Features: Nook, Pantry
- Level: Main
- Area: 207
- Width: 9
Living room
- Features: Bookcases, Fireplace Insert, Hardwood Floors
- Level: Main
- Area: 368
- Dimensions: 23 x 16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Gas Water Heater
Features
- Closet, Formal, Bookcases, Nook, Pantry, Bathroom
- Flooring: Hardwood, Laminate, Vinyl, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Insert
Interior area
- Total structure area: 4,002
- Total interior livable area: 4,002 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Garage Door Opener, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: Garage On Main, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Patio
- Exterior features: Garden, Raised Beds, Yard
- Fencing: Fenced
Lot
- Size: 8,712 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: ToolShed
- Parcel number: R232107
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1951
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $656,720
- Annual tax amount: $6,895
- Date on market: 1/1/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Sold | $777,750+0.4%$194/sqft |
Source:  RMLS (OR) #776480188 Report a problem | ||
| 1/6/2026 | Pending sale | $775,000$194/sqft |
Source: RMLS (OR) #776480188 Report a problem | ||
| 1/1/2026 | Listed for sale | $775,000+206.3%$194/sqft |
Source: RMLS (OR) #776480188 Report a problem | ||
| 10/31/2008 | Sold | $253,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,895 +3.7% | $255,910 +3% |
| 2024 | $6,648 +4% | $248,460 +3% |
| 2023 | $6,392 +2.2% | $241,230 +3% |
| 2022 | $6,254 +1.7% | $234,210 +3% |
| 2021 | $6,148 +9% | $227,390 +3% |
| 2020 | $5,640 +3.8% | $220,770 +3% |
| 2019 | $5,433 | $214,340 +3% |
| 2018 | $5,433 +3% | $208,100 +3% |
| 2017 | $5,273 +14% | $202,040 +3% |
| 2016 | $4,625 | $196,160 +3% |
| 2015 | $4,625 +2.7% | $190,450 +3% |
| 2014 | $4,504 +5.6% | $184,910 +3% |
| 2013 | $4,266 +18.8% | $179,530 +3% |
| 2012 | $3,591 -4.8% | $174,310 +3% |
| 2011 | $3,772 +5.4% | $169,240 +3% |
| 2010 | $3,579 +2.7% | $164,320 +3% |
| 2009 | $3,486 +6% | $159,540 +3% |
| 2008 | $3,289 +0.3% | $154,900 +3% |
| 2007 | $3,279 +11.4% | $150,390 +3% |
| 2006 | $2,945 +4.7% | $146,010 +3% |
| 2005 | $2,813 -8.2% | $141,760 +3% |
| 2004 | $3,064 +2.3% | $137,640 +3% |
| 2003 | $2,996 +8.9% | $133,640 +3% |
| 2002 | $2,751 +7.4% | $129,750 +6.1% |
| 2000 | $2,563 +7.6% | $122,320 +3% |
| 1999 | $2,383 | $118,760 |
Find assessor info on the county website
Neighborhood: Creston-Kenilworth
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Nearby schools
GreatSchools rating
- 9/10Creston Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Creston
- 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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Estimated market value
$773,200
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Estimated market value
$773,200
- Oregon
- Multnomah County
- Portland
- 97206
- Creston-Kenilworth
- 5405 SE Mall St
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