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Off market
  • $1,188,400

    6965 N Fessenden St, Portland, OR 97203

    6beds
    8,775sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $1,188,400 Zestimate®
    $135/sqft
    $2,212 Estimated rent

    Home value

    $1,188,400

    $1.06M - $1.34M

    $2,212/mo

    Zestimate® history
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    Owner options

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    $2,212/mo

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    $2,212/mo

    Rent Zestimate®

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    $5,975/mo

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    $5,975/mo

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    What's special

    Well maintained turn-key investment property with 6 rental apts, ground floor commercial retail space and food cart pod. Fully rented with great cash flow. Reasonable rents with Units sub-metered for water. Great cap rate. Units shown subject to accepted offer. Three units could be converted to 2 beds. Buyer to confirm. **PLEASE DO NOT DISTURB TENANTS** Ask your agent to download financials.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 7
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Refrigerator, Range
    Interior area
    • Total interior livable area: 8,775 sqft

    Property

    Lot
    • Size: 6,641 sqft
    Details
    • Parcel number: R151492
    • Zoning: CM1

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1912
    • Major remodel year: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security Gate, Entry
    Location
    • Region: Portland

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • HeatingYN: true
    • Roof: Flat
    • Heating: Zoned
    • NumberOfUnitsTotal: 7
    • CurrentFinancing: Conventional, Cash
    • StoriesTotal: 2
    • NumberOfUnitsInCommunity: 7
    • ParkingFeatures: Assigned
    • Zoning: CM1
    • YearBuiltEffective: 1912
    • InteriorFeatures: Refrigerator, Range
    • ExteriorFeatures: Individual Storage Units
    • SecurityFeatures: Security Gate, Entry
    • MlsStatus: Pending
    • CapRate: 8.99
    • GrossIncome: 104700
    • OperatingExpense: 14918

    Price history

    DateEventPrice
    2/18/2020Sold$1,030,000+3.1%$117/sqft
    Source: RMLS (OR) #19453648 Report a problem
    11/21/2019Pending sale$999,000$114/sqft
    Source: Premiere Property Group, LLC #19453648 Report a problem
    11/13/2019Listed for sale$999,000$114/sqft
    Source: Premiere Property Group, LLC #19453648 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,253 +3.7%$232,080 +3%
    2024$6,029 +4%$225,330 +3%
    2023$5,797 +2.2%$218,770 +3%
    2022$5,672 +1.7%$212,400 +3%
    2021$5,576 +9%$206,220 +3%
    2020$5,115 +3.8%$200,220 +3%
    2019$4,927 $194,390 +3%
    2018$4,927 +3%$188,730 +3%
    2017$4,782 +14%$183,240 +3%
    2016$4,195 $177,910 +3%
    2015$4,195 +2.7%$172,730 +3%
    2014$4,085 $167,700

    Find assessor info on the county website

    Neighborhood: St.Johns

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: James John
    • Middle: George
    • High: Roosevelt

    Source: The MLS. 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
    $1,188,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,188,400