Estimated Value: $1,808,000 - $2,010,084
The Greenfaire Court Apartments are a 13 unit community located on the TriMet MAX light rail line on the corner of 148th Avenue and East Burnside Street in Portland, Oregon. This 1965-built property features a mix of studio, one, two, and three bedroom units. Each unit has washer/dryer hookups, hardwood floors in the bedrooms, private fenced patios with security doors, and individual storage units.
Last Agent to Sell the Property
Joseph Chaplik
Joseph Bernard LLC License #200411049 Listed on: 03/22/2017
Last Buyer's Agent
Joseph Chaplik
Joseph Bernard LLC License #200411049 Listed on: 03/22/2017
Home Type
Est. Annual Taxes
Year Built
Lot Details
Interior Spaces
Community Details
Listing and Financial Details
$2,200,000
Great, 16 unit Gresham apartment complex with on site laundry and plenty of parking. Priced to sell at $137.5k per unit, you will find this property very competitive. Great occupancy history. Two units recently remodeled and several others greatly updated. Current Cap rate is low due to two units being empty for over a year caused by two separate water damage losses. With them finished and
Chris Gordon Gordon Properties
$1,595,000
Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available!This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS# 767340896) – $2,495/mo1214 SE 179th Ave (MLS# 206884563) – $1,895/mo17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000.
Nicole Richards eXp Realty, LLC
$1,750,000
Unique investment opportunity to own an entire cul-de-sac featuring seven single-family homes. The community includes six 4-bed/2-bath homes and one 2-bed home, with six of the homes offering attached garages. These low-maintenance homes are built with vinyl siding and updated systems, ensuring minimal upkeep and long-term reliability. Interior inspections available with an accepted offer.
Jim McCartan Cascade Hasson Sotheby's International Realty
$2,000,000
Incredible investment opportunity to own an entire cul-de-sac featuring three detached single-family homes and a 5-plex. Two of the single-family homes have 3 bedrooms, and the other has 2 bedrooms. Each unit of the 5-plex is a 2-bedroom. Designed for low-maintenance ownership, the homes feature vinyl siding and updated systems, ensuring long-term durability and minimal upkeep. Interior
Jim McCartan Cascade Hasson Sotheby's International Realty
$1,519,900
Exceptional New Construction Four-Plex in Coveted Rose City Park. Presenting a rare opportunity to own a newly built four-plex in the heart of the desirable Rose City Park neighborhood. Each of the four units features 2 bedrooms and 2.5 baths, designed with modern living in mind. Thoughtfully constructed by a local boutique "Street of Dreams" builder, this property showcases quality
Darryl Bodle Keller Williams Realty Portland Premiere
$2,499,900
Located just steps away from Portland’s trendiest and most sought after area. With a WalkScore of 92 and BikeScore of 95, your tenets will be steps away from trendy shops, vibrant restaurants, and charming cafes along SE Division. Each unit boasts a bright, open-concept layout enhanced by expansive windows and soaring ceilings, creating a welcoming, light-filled atmosphere. The gourmet kitchens
Darryl Bodle Keller Williams Realty Portland Premiere
$1,899,000
Don't miss this chance to own a great investment property in the popular Belmont-Hawthorne neighborhood! This 12 unit apartment building has hardwood floors and classic charm in the heart of everything. Stable tenants. Your chance to acquire this gem in your portfolio. Owner Carried Contract available with 750k down payment at 5% due & payable in 5yrs.
Kristen Dozono RE/MAX Equity Group
$2,119,900
Investment opportunity! Nearly new 4-unit building. A vibrant location and superior build-quality combine to make these townhouses a great find! The units have great flow while maintaining privacy between main floor living, a primary suite on the second level, plus a second bedroom suite on its own level. A versatile loft could be your work, hobby, or reading space. High-end finishes elevate
Reuben Schug Windermere Realty Trust
$2,189,900
Unique investment opportunity in the heart of Sellwood-Moreland! Five beautifully designed 2-bedroom, 2.1-bathroom units, offering modern style and unbeatable convenience in one of Portland’s most sought-after neighborhoods. Located just steps away from the Willamette River, charming cafes, trendy restaurants, and vibrant shops along SE Milwaukie. Outdoor adventures, and close to Oaks Park,
Darryl Bodle Keller Williams Realty Portland Premiere
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greenfaire Apartments Inc | $1,475,000 | Wfg Title | |
| Lee Michael | $1,040,000 | Wfg Title | |
| Nilles Properties Llc | $827,000 | Chicago Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Greenfaire Apartments Inc | $1,180,000 | |
| Previous Owner | Lee Michael | $714,000 | |
| Previous Owner | Nilles Properties Llc | $620,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2017 09/07/17 | Sold | $1,475,000 | -10.6% | $119 / Sq Ft |
| 06/07/2017 06/07/17 | Pending | -- | -- | -- |
| 03/22/2017 03/22/17 | For Sale | $1,650,000 | +99.5% | $133 / Sq Ft |
| 10/03/2012 10/03/12 | Sold | $827,000 | -6.0% | $67 / Sq Ft |
| 06/22/2012 06/22/12 | Pending | -- | -- | -- |
| 02/08/2012 02/08/12 | For Sale | $880,000 | -- | $71 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2023 | $20,593 | $909,780 | $0 | $0 |
| 2022 | $20,282 | $883,290 | $0 | $0 |
| 2021 | $18,237 | $781,310 | $0 | $0 |
| 2020 | $16,462 | $758,560 | $0 | $0 |
| 2019 | $15,624 | $736,470 | $0 | $0 |
| 2018 | $15,479 | $715,020 | $0 | $0 |
| 2017 | $14,928 | $694,200 | $0 | $0 |
| 2016 | $14,229 | $673,990 | $0 | $0 |
| 2015 | $13,846 | $654,360 | $0 | $0 |
| 2014 | $13,031 | $635,310 | $0 | $0 |
J
Seller's Agent in 2017
Joseph Chaplik
Joseph Bernard LLC
P
Seller's Agent in 2012
Phillip Barry
Joseph Bernard LLC
Buyer's Agent in 2012
Bernard Gehret
Joseph Bernard LLC
(503) 546-9390
12 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 17096978
APN: R109799
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.