Address
5105 Se Tibbetts St, Portland, OR
Price
$ 715,000
Property Attributes
  • MLS#230352243
  • TypeSingle Family
  • Listing Status Active
  • CountyMULTNOMAH
  • CityPortland
  • Area143
  • NeighborhoodSOUTH TABOR
  • Zip97206
  • StyleStories1
  • Year Built1956
  • Taxes$ 6949
  • Price$ 715,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3420
  • Lot Size0.13 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.

Elementary School Middle School High School
Creston Elementary School Kellogg Middle School Franklin High School
Price History
3/24/2026 Listed $749,000
5/26/2026 3$730,000
7/19/2026 3$715,000

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning R2.5
Garage Spaces 3.0
Architectural Style Stories1
Security Features Sidewalk
Year Built 1956
Stories Count 1
Property Subtype SingleFamilyResidence
Parcel Number R142608
Accessibility KitchenCabinets,NaturalLighting,Parking
County Multnomah
Property Type Residential
HOA No
Subdivision Name SOUTH TABOR
Full Baths 3
Status Active
Directions S from Division on 51st
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 5662.0
Listing Terms Assumable,Cash,Conventional,FHA,VALoan
Elementary School Creston
Tax Annual Amount 6949.89
Middle/Junior High School Kellogg
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Seasonal
Legal Description CRESTON,BLOCK 1,S 5' OF LOT 7,LOT 8
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,Laundry
Basement Daylight,FullBasement
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 3.0
FuelDescription Gas
Total Bedrooms 5
Total Baths 3

Exterior Features

Exterior Amenities Porch,Yard
Parking Features Carport,Driveway
Lot Features CornerLot,Level
Water Source PublicWater
Total Parking 3.0
Garage Type Carport
Exterior Description ShakeSiding
Foundation Details ConcretePerimeter
Building Area Total 3420.0
Lot Size Acres 0.13
Road Surface Type Concrete,Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97206

Price
AVG $520K
$720K
Taxes
AVG $5,189
$6,949
Year Built
AVG 1966
1956
Visits
AVG 153
487
Data Provided by Inside Real Estate®

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