2 homes on 1 lot! Both are occupied by tenants and will be sold with tenants in place. Contact agent for financials. 5500 sq ft lot. Zoning is CM2 Commercial Mixed Use per City ofPortland, buyer to verify uses. 5505 N Minnesota is 2160 sq ft, 3 bedrooms, one bathroom. 1223 N Killingsworth is 520sq ft, one bedroom, one bathroom.
Active
$585,000
5505 N Minnesota Ave, Portland, OR 97217
4beds
2,680sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
- 412 days |
- 357 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
David Axness 503-314-9567,
Axness & Kofman Real Estate
Source: RMLS (OR),MLS#: 621484935
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Radiant
Features
- Flooring: Wood
- Basement: Unfinished,Storage Space
Interior area
- Total structure area: 2,680
- Total interior livable area: 2,680 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: R226124
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1922
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: North Albina
Location
- Region: Portland
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $622,830
- Annual tax amount: $5,576
- Date on market: 5/23/2025
- Listing terms: Cash,Conventional
- Total actual rent: 3395
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Price change | $585,000-3.3%$218/sqft |
Source:  RMLS (OR) #621484935 Report a problem | ||
| 10/16/2025 | Price change | $605,000-3.2%$226/sqft |
Source: RMLS (OR) #621484935 Report a problem | ||
| 7/18/2025 | Price change | $625,000-3.8%$233/sqft |
Source: RMLS (OR) #621484935 Report a problem | ||
| 5/24/2025 | Listed for sale | $650,000+137.7%$243/sqft |
Source: RMLS (OR) #621484935 Report a problem | ||
| 8/9/2018 | Listing removed | $2,100$1/sqft |
Source: Property Management Systems Report a problem | ||
| 7/5/2018 | Listed for rent | $2,100+23.9%$1/sqft |
Source: Property Management Systems Report a problem | ||
| 2/13/2013 | Listing removed | $1,695$1/sqft |
Source: Lakeside Property Management Report a problem | ||
| 12/17/2012 | Listed for rent | $1,695$1/sqft |
Source: Lakeside Property Management Report a problem | ||
| 8/24/2012 | Sold | $273,500$102/sqft |
Source: RMLS (OR) #12270113 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,785 +3.7% | $214,680 +3% |
| 2024 | $5,577 +4% | $208,430 +3% |
| 2023 | $5,362 +2.2% | $202,360 +3% |
| 2022 | $5,246 +1.7% | $196,470 +3% |
| 2021 | $5,157 +9% | $190,750 +3% |
| 2020 | $4,731 +3.8% | $185,200 +3% |
| 2019 | $4,557 | $179,810 +3% |
| 2018 | $4,557 +3% | $174,580 +3% |
| 2017 | $4,424 +14% | $169,500 +3% |
| 2016 | $3,880 | $164,570 +3% |
| 2015 | $3,880 +2.7% | $159,780 +3% |
| 2014 | $3,778 +3.9% | $155,130 +3% |
| 2013 | $3,635 +10.5% | $150,620 +3% |
| 2012 | $3,288 +9.5% | $146,240 +6.1% |
| 2010 | $3,003 +2.7% | $137,860 +3% |
| 2009 | $2,924 +25.4% | $133,850 +21.9% |
| 2008 | $2,332 +0.3% | $109,820 +3% |
| 2007 | $2,325 +11.4% | $106,630 +3% |
| 2006 | $2,088 +4.7% | $103,530 +3% |
| 2005 | $1,994 -8.2% | $100,520 +3% |
| 2004 | $2,172 +2.3% | $97,600 +3% |
| 2003 | $2,124 +8.9% | $94,760 +3% |
| 2002 | $1,951 +7.4% | $92,000 +6.1% |
| 2000 | $1,817 | $86,730 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Overlook
Nearby schools
GreatSchools rating
- 9/10Beach Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Ockley GreenGrades: 6-8Distance: 0.3 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Beach
- Middle: Ockley Green
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97217
- Overlook
- 5505 N Minnesota Ave
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