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$3,150,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Well-located mixed-use investment property features 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite along NE Fremont Street in Portland's desirable Beaumont Village neighborhood.Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.A gated entry provides access to the units via an exterior staircase and open-air corridors, minimizing interior common areas and related cleaning and maintenance expenses.

Full Property Details for 5042 NE Fremont St

General

  • Price: $3,150,000
  • Taxes: $25,360 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 477860916
  • Updated: 8/21/2026
  • Added to Site: 18 day(s) ago

Rental Information

  • Rent Includes: None

Additional Information

  • Security/Safety: Fire Sprinkler System, Security Gate, Sidewalk

Parking

  • Parking Features: None

Location

  • County: Multnomah
  • Subdivision: ROSE CITY PARK
  • Driving Directions: NE Fremont, between NE 50th Ave & NE 51st Ave

School Information

  • Elementary School: Alameda
  • Middle School: Beaumont
  • High School: Grant

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: None
  • Roof: Metal
  • Stories/Levels: 3
  • Square Feet: 5,653
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Lot Dimensions: 50 x 77
  • Frontage: Paved
  • Lot Features: On Busline

Financial Considerations

  • Operating Expenses: $72,201
  • Tax Amount: $25,360.01
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Conventional, Owner Will Carry

Disclosures and Reports

  • Legal Description: ROSE CITY PK, BLOCK 153, W 50' OF LOT 1
  • Property ID: R260890

Listed by Knipe Realty ERA Powered (503) 445-7660, Daniel Silvey (503) 201-8537

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Listing agent

— 5042 NE Fremont St —

  • Daniel Silvey

    Knipe Realty ERA Powered

    503-445-7660

503-201-8537

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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

Get Pre-Approved

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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 5042 NE Fremont St

School District:Portland School District 1j
NameGradesDistance
Alameda Elementary School, Portland, OR
2732 Northeast Fremont Street, Portland, OR 97212
K-51.3 mi
Beaumont Middle School
4043 Northeast Fremont Street, Portland, OR 97212
6-80.5 mi
Grant High School
2245 Northeast 36th Avenue, Portland, OR 97212
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5042 NE Fremont St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$3,150,000
782.35%
MLS
10/18/2019
Sold
$357,000
—
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 5042 NE Fremont St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,360
4%
$941,180
3%
2024
$24,448
200%
$913,770
198%
2023
$8,137
318%
$307,085
327%
2021
$1,945
-2%
$71,950
-3%
2022
$1,979
2%
$74,100
-22%
2021
$1,945
-20%
$95,570
3%
2019
$2,425
6%
$92,790
3%
2018
$2,283
4%
$90,090
3%
2017
$2,188
9%
$87,470
3%
2016
$2,002
3%
$84,930
3%
2015
$1,950
2%
$82,460
3%
2014
$1,921
2%
$80,060
3%
2013
$1,876
—
$77,730
—
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 Knipe Realty ERA Powered (503) 445-7660, Daniel Silvey (503) 201-8537

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5042 NE Fremont St, Portland, OR 97213 (MLS# 477860916) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 5042 NE Fremont St is currently listed for $3,150,000 and was received on August 05, 2026. Want to learn more about 5042 NE Fremont St? 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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