10618 SW 49th Ave Unit 10620 Portland, OR 97219
West Portland Park NeighborhoodEstimated payment $3,161/month
Highlights
- Zoned Heating
- Level Lot
- 1-Story Property
About This Home
This Portland side-by-side duplex has great upside potential, now that 1 unit is vacant! The property is in good shape, situated behind Markham Elementary school and 1 block to Holly Farm park. Each unit features 2 bedrooms with dual closets, one bathroom, open living room/dining room and kitchen that leads to a sliding door with a paved, private patio. Newer hardi-plank siding, newer windows and newer exterior paint in March 2020. 1 UNIT IS NOW VACANT AND READY TO RE-RENT AT MARKET RATE OR ready for an Owner Occupied Buyer to move in, and update it for increased value! (Then rinse and repeat next door, with the 2nd unit). Buyers should contact their own Broker for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,562
Year Built
- Built in 1988
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,824 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Paved Parking
- Assigned Parking
Schools
- Jackson Middle School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R186628
Community Details
Overview
- 2 Units
- Capitol Hill Subdivision
Building Details
- Operating Expense $11,630
- Gross Income $35,280
- Net Operating Income $23,650
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,806 | $252,830 | -- | -- |
| 2024 | $6,562 | $245,470 | -- | -- |
| 2023 | $6,562 | $238,330 | $0 | $0 |
| 2022 | $6,173 | $231,390 | $0 | $0 |
| 2021 | $5,891 | $224,660 | $0 | $0 |
| 2020 | $5,567 | $218,120 | $0 | $0 |
| 2019 | $5,362 | $211,770 | $0 | $0 |
| 2018 | $5,205 | $205,610 | $0 | $0 |
| 2017 | $4,988 | $199,630 | $0 | $0 |
| 2016 | $4,487 | $193,820 | $0 | $0 |
| 2015 | $3,820 | $188,180 | $0 | $0 |
| 2014 | $3,454 | $182,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 09/17/2025 09/17/25 | For Sale | $495,000 | 0.0% | $271 / Sq Ft |
| 08/27/2025 08/27/25 | Off Market | $495,000 | -- | -- |
| 06/01/2025 06/01/25 | Price Changed | $495,000 | -4.7% | $271 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $519,500 | -2.9% | $285 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $535,000 | -- | $293 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,565 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 595024285
APN: R186628
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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