Sold

$640,000

5500 NW Neakahnie Ave, Portland, OR 97229

5beds

2,444sqft

Multi Family

Built in 1979

-- sqft lot

$634,700 Zestimate^®

$262/sqft

$1,948 Estimated rent

Home value

$634,700

$597,000 - $673,000

$1,948/mo

Zestimate^® history

Owner options

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$1,948/mo

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$1,948/mo

Rent Zestimate^®

Refinance and save

$3,882/mo

Est. payment

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$3,882/mo

Est. payment

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What's special

Two car garageOutdoor spaceGreat floor plans

Fantastic Rock Creek/Bethany Triplex - Rare find and great investment opportunity! Unit 5480 is 2-Bedroom, 2 bath, Unit 5490 is 2-bedroom, 1-bath and 5500 is 1-bedroom, 1-bath. Great floor plans and outdoor space. Large driveway for parking and two car garage. Ideal location with easy access to transit, freeways, shopping, local parks, Rock Creek Country Club and Bethany Lake.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Crawl Space

Interior area

Total structure area: 2,444
Total interior livable area: 2,444 sqft

Property

Parking

Total spaces: 3
Parking features: Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1

Lot

Features: Corner Lot, Level, SqFt 10000 to 14999

Details

Parcel number: R666158
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

T111 Siding, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Approximately
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $262/sqft
Annual tax amount: $5,548
Date on market: 6/19/2025
Cumulative days on market: 18 days
Listing terms: Cash,Conventional
Total actual rent: 3250
Road surface type: Paved

Price history

Date	Event	Price
8/13/2025	Sold	$640,000-1.5%$262/sqft
Source: RMLS (OR) #644353444 Report a problem
7/7/2025	Pending sale	$649,950$266/sqft
Source: RMLS (OR) #644353444 Report a problem
6/19/2025	Listed for sale	$649,950$266/sqft
Source: RMLS (OR) #644353444 Report a problem