An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities. Situated on a corner lot with great curb appeal, surrounded by Portland's celebrated culinary scene, artisan cafés, boutique shopping, neighborhood parks, and local breweries, residents enjoy an unmatched lifestyle defined by convenience, walk-ability, and neighborhood charm. The property's premier location places Mt. Tabor Park just minutes away while providing effortless access to downtown Portland, public transportation, and major commuter routes, attracting professionals, creatives, and long-term residents seeking an authentic Portland experience. This strong tenant demand has made the neighborhood one of the city's most resilient and sought-after rental markets. Whether expanding an established portfolio or completing a 1031 exchange, this six-plex represents an outstanding opportunity to own a quality multifamily investment in a location where inventory is limited and desirability remains consistently high. Well maintained, new roof in 2026 and no oil tanks confirmed, basement with coin-op laundry and storage. The grounds are well manicured with a beautiful hedge that lines Division providing great curb appeal and added privacy and security for the tenants. Don't miss out on this rare investment opportunity!
Active
Price cut: $50K (8/7)
$2,100,000
5707 SE Division St, Portland, OR 97215
13beds
6,280sqft
Multi Family
Built in 1957
-- sqft lot
$1,911,700 Zestimate®
$334/sqft
$-- HOA
What's special
Great curb appealGrounds are well manicuredCorner lot
- 92 days
- 198
- 17
Zillow last checked:
Listing updated:
Listed by:
Kimberly Sektnan 503-477-0562,
Performance Properties Inc
Source: RMLS (OR),MLS#: 761305996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Fireplace(s)
Appliances
- Included: Range, Refrigerator, Gas Water Heater
- Laundry: Common Area
Features
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Full,Storage Space,Unfinished
Interior area
- Total structure area: 6,280
- Total interior livable area: 6,280 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Seasonal, Territorial
Lot
- Size: 0.28 Acres
- Features: Commons, Corner Lot, Level, SqFt 10000 to 14999
Details
- Parcel number: R277447
- Zoning: RM 1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Approximately
- Year built: 1957
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Front Yard Landscaping, Laundry
- Subdivision: Mount Tabor
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $334/sqft
- Annual tax amount: $15,163
- Date on market: 7/9/2026
- Listing terms: Cash,Conventional
- Total actual rent: 9680
- Road surface type: Paved
Estimated market value
$1,911,700
$1.82M - $2.01M
$2,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $2,100,000-2.3%$334/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $2,150,000$342/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mount Tabor
Nearby schools
Schools provided by the listing agent
- Elementary: Glencoe
- Middle: Mt Tabor
- 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.






