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$749,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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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 in 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.

Full Property Details for 5105 5109 SE Tibbetts St

General

  • Price: $749,000
  • Taxes: $6,949 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 652700971
  • Updated: 3/25/2026
  • Added to Site: 10 day(s) ago

Rental Information

  • Rent Includes: None

Additional Information

  • Security/Safety: Sidewalk

Parking

  • Total Spaces: 3
  • Parking Features: Carport, Off Street

Location

  • County: Multnomah
  • Subdivision: SOUTH TABOR
  • Driving Directions: S from Division on 51st

School Information

  • Elementary School: Creston
  • Middle School: Kellogg
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Full Basement, Partially Finished
  • Roof: Composition
  • Square Feet: 3,420
  • Year Built: 1956
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,662
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Operating Expenses: $14,700
  • Tax Amount: $6,949.89
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: CRESTON, BLOCK 1, S 5' OF LOT 7, LOT 8
  • Property ID: R142608

Listed by Urban Nest Realty (503) 432-8126, Michael Kafoury (503) 490-0344

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Listing agent

— 5105 5109 SE Tibbetts St —

  • Michael Kafoury

    Urban Nest Realty

    503-432-8126

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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!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5105 5109 SE Tibbetts St

School District:Portland School District 1j
NameGradesDistance
Creston Elementary School, Portland, OR
4701 Southeast Bush Street, Portland, OR 97206
K-50.4 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-81.4 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-120.3 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 5105 5109 SE Tibbetts St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Listed
$749,000
25.04%
MLS
7/22/2019
Sold
$599,000
—
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 5105 5109 SE Tibbetts St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,950
4%
$257,930
3%
2024
$6,700
4%
$250,420
3%
2023
$6,443
4%
$243,130
6%
2021
$6,196
-2%
$229,180
-3%
2022
$6,303
2%
$236,050
6%
2021
$6,196
17%
$222,514
6%
2019
$5,303
3%
$209,230
3%
2018
$5,147
4%
$203,140
3%
2017
$4,933
9%
$197,230
3%
2016
$4,515
3%
$191,490
3%
2015
$4,396
2%
$185,920
3%
2014
$4,330
2%
$180,510
3%
2013
$4,230
—
$175,260
—
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.

Estimate the Cost for 5105 5109 SE Tibbetts St

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Listed by Urban Nest Realty (503) 432-8126, Michael Kafoury (503) 490-0344

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5105 5109 SE Tibbetts St, Portland, OR 97206 (MLS# 652700971) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5105 5109 SE Tibbetts St is currently listed for $749,000 and was received on March 24, 2026. Want to learn more about 5105 5109 SE Tibbetts 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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