Pending

$999,000

5628 SE 87th Ave, Portland, OR 97266

14beds

6,180sqft

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Multi Family

Built in 1996

-- sqft lot

$-- Zestimate^®

$162/sqft

$-- HOA

What's special

Very convenient location. Minutes to I-205 and MAX station.6 units were built in 1996 with an older home in the middle. All units are occupied except one unit that is vacant recently. The property needs some updates. Great opportunity for contractors or investors.

292 days

80

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 7
Full bathrooms: 7

Heating

Baseboard

Interior area

Total structure area: 6,180
Total interior livable area: 6,180 sqft

Property

Parking

Parking features: Off Site, On Street
Has uncovered spaces: Yes

Features

Stories: 1

Lot

Size: 0.32 Acres
Features: Level, SqFt 10000 to 14999

Details

Parcel number: R231151
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Approximately
Year built: 1996

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $162/sqft
Tax assessed value: $1,266,710
Annual tax amount: $17,111
Date on market: 9/15/2025
Cumulative days on market: 292 days
Listing terms: Cash,Conventional
Total actual rent: 7919
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/25/2026	Pending sale	$999,000$162/sqft
Source: RMLS (OR) #480727364 Report a problem
2/3/2026	Price change	$999,000-9.2%$162/sqft
Source: RMLS (OR) #480727364 Report a problem
9/16/2025	Listed for sale	$1,100,000+214.3%$178/sqft
Source: RMLS (OR) #480727364 Report a problem
8/28/1996	Sold	$350,000$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,749 +3.7%	$658,730 +3%
2024	$17,111 +4%	$639,550 +3%
2023	$16,454 +2.2%	$620,930 +3%
2022	$16,097 +1.7%	$602,850 +3%
2021	$15,825 +9%	$585,300 +3%
2020	$14,517 +3.8%	$568,260 +3%
2019	$13,984	$551,710 +3%
2018	$13,984 +3%	$535,650 +3%
2017	$13,572 +24.2%	$520,050 +3%
2016	$10,927	$504,910 +3%
2015	$10,927 +17.6%	$490,210 +3%
2014	$9,293 +33.1%	$475,940 +15.5%
2013	$6,984 +16.9%	$412,110 +10%
2012	$5,976 -0.7%	$374,560 -1.1%
2011	$6,020 -33.9%	$378,660 -11.6%
2007	$9,112 +14%	$428,530 +3%
2006	$7,993 +8%	$416,050 +3%
2005	$7,399 -15.2%	$403,940 +3%
2004	$8,729 +2.3%	$392,180 +3%
2003	$8,536 +8.9%	$380,760 +3%
2002	$7,839 +7.4%	$369,670 +6.1%
2000	$7,301	$348,460

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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