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$1,070,000
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Property Description
**Must-See Investment Property!** 1-7 Units This fantastic opportunity features 7 units, each taxed individually, and is being sold all together. Currently, 3 units are vacant and ready for a new buyer to either prepare for individual sale or rent as investment units. All units feature fireplaces, 2 bedrooms, 1.5 baths, with balconies off the living areas and upper bedrooms. Each unit is equipped with gas furnaces and includes two storage sheds on the back balconies. W/D hook ups are in each unit in upper bathroom. The property backs up to trees and a neighboring yard, offering some privacy and greenery.There is a large parking area to the side of the building, along with street parking and designated spaces for each unit. The property is situated on a quiet end street, adding to its appeal.Don't miss out on this great investment opportunity!
Full Property Details
Full Property Details for 4921 SW 59th Ave
General
- Sold For: $1,070,000
- Taxes: $19,243 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 225311212
- Added to Site: 161 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Parking
- Total Spaces: 7
- Parking Features: Assigned, Driveway
Location
- County: Multnomah
- Driving Directions: Beaverton Hillsdale, head E to 59th ave, take a left, building on the left side
School Information
- Midd School District: Robert Gray
- Elementary School: Bridlemile
- Middle School: Robert Gray
- High School: Ida B Wells
Community
- Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
- Heating Fuel: Gas, Wood Burning
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 7,224
- Year Built: 1981
- Property Condition: Converted
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Cul-de-sac, Trees
Financial Considerations
- Operating Expenses: $24,000
- Tax Amount: $19,243
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R269301
Listed by Affinity Group, Inc. (503) 740-0966, Tim Benintendi (503) 740-0966
Sold by Rarebird Real Estate (503) 451-0545, Sang Vu
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Schools
Schools serving 4921 SW 59th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Bridlemile Elementary School 4300 Southwest 47th Drive, Portland, OR 97221 | K-5 | 0.7 mi |
Gray Middle School, Portland, OR 5505 Southwest 23rd Avenue, Portland, OR 97239 | 6-8 | 1.8 mi |
Ida B. Wells-Barnett High School 1151 Southwest Vermont Street, Portland, OR 97219 | 9-12 | 2.5 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 4921 SW 59th Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$1,070,000
-27.21%
MLS
8/10/2025
Listed
$1,470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4921 SW 59th Ave, Portland, OR 97221 (MLS# 225311212) is a Multi-Family property that was sold at $1,070,000 on December 16, 2025. Want to learn more about 4921 SW 59th 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.

