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$1,100,000 -$75,000 (-6.38%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Inner SE, fully-leased 5-plex performs well with very little vacancy. Recent upgrades include a new roof in 2024, new windows in 2025, and new landscaping/fence in 2025. Minor upgrades in units as well. Future development potential to add another building on the lot (buyer to do due diligence). Professionally managed with all tenants current. Each unit comes with one off street parking spot. Easy access to public transit and all types of food/restaurants/coffee/grocery. Bike score 100. On-site laundry room also has locking storage closet for each unit. 1525-1533 SE 49th Ave, Portland, OR 97215

Full Property Details for 1525 SE 49th Ave

General

  • Price: $1,100,000
  • Taxes: $11,129 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 666861958
  • Updated: 1/13/2026
  • Added to Site: 77 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Parking

  • Total Spaces: 5
  • Parking Features: Assigned, Off Street

Location

  • County: Multnomah
  • Subdivision: RICHMOND
  • Driving Directions: Hawthorn East to 49th South

School Information

  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Flat
  • Stories/Levels: 2
  • Square Feet: 3,538
  • Year Built: 1970

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $23,519
  • Tax Amount: $11,129.86
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: HAWTHORNE AVE ADD, BLOCK 9, LOT 7-10 TL 12200
  • Property ID: R176661

Listed by Homebase Real Estate Group (408) 510-1077, Aya Godschalk (408) 510-1077

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Listing agent

— 1525 SE 49th Ave —

  • Aya Godschalk

    Homebase Real Estate Group

    408-510-1077

aya@homebasepdx.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1525 SE 49th Ave

School District:Portland School District 1j
NameGradesDistance
Glencoe Elementary School
825 Southeast 51st Avenue, Portland, OR 97215
K-50.4 mi
Mt Tabor Middle School
5800 Southeast Ash Street, Portland, OR 97215
6-80.8 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1525 SE 49th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,100,000
-6.38%
MLS
11/13/2025
Price Reduced
$1,175,000
-6%
MLS
11/02/2025
Listed
$1,250,000
—
MLS
11/24/2021
Sold
$1,250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1525 SE 49th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,130
4%
$413,060
3%
2024
$10,730
4%
$401,030
3%
2023
$10,317
4%
$389,350
6%
2021
$9,923
-2%
$367,000
-3%
2022
$10,094
2%
$378,010
6%
2021
$9,923
13%
$356,320
3%
2019
$8,768
3%
$345,950
3%
2018
$8,511
4%
$335,880
3%
2017
$8,157
9%
$326,100
3%
2016
$7,465
3%
$316,610
3%
2015
$7,269
2%
$307,390
3%
2014
$7,159
2%
$298,440
3%
2013
$6,993
—
$289,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Homebase Real Estate Group (408) 510-1077, Aya Godschalk (408) 510-1077

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1525 SE 49th Ave, Portland, OR 97215 (MLS# 666861958) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1525 SE 49th Ave is currently listed for $1,100,000 and was received on November 02, 2025. Want to learn more about 1525 SE 49th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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