$749,900

2511 2515 NE 57th Ave Portland, OR 97213

Rose City Park Neighborhood

Estimated payment $4,618/month

5 Beds
3 Baths
3,060 Sq Ft
$245 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Rose City Park Elementary Rated 10
  • Level Lot

About This Home

Fantastic opportunity for this Rose City Park triplex. Each unit offers approximately 1000 sq ft of living area with 2 bedrooms on main and upper floors and a one bedroom plus den in lower level. Newer roof and exterior paint. Garage and shed are rented separately. Some onsite parking. Super location with easy access to local businesses.

Listing Agent

Christina Hamilton

RE/MAX Equity Group License #891200289 Listed on: 11/21/2025

RE/MAX Equity Group

Co-Listing Agent

Tracee Heyman

RE/MAX Equity Group License #201245867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,895

Year Built

  • Built in 1907

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,060 Sq Ft Home
  • 3-Story Property
  • Apartment Living Space in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Rose City Park Elementary School
  • Roseway Heights Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R319210

Community Details

Overview

  • 3 Units
  • Rose City Park Subdivision

Building Details

  • Operating Expense $12,581
  • Gross Income $48,122
  • Net Operating Income $35,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,895

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1907
  • Property Attached Yn: No
  • Current Price For Status: 749900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: SeparateLivingQuartersApartmentAuxLivingUnit
  • Total Bedrooms: 5
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Rose City Park
  • High School: Leodis McDaniel
  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R319210

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 7895.4

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.58
  • Annual Gross Income: 48122.0
  • Property Net Operating Income: 35540.0
  • Annual Operating Expense: 12581.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $7,895 $293,020 -- --
2024 $7,612 $284,490 -- --
2023 $7,319 $276,210 $0 $0
2022 $7,161 $268,170 $0 $0
2021 $7,039 $260,360 $0 $0
2020 $6,458 $252,780 $0 $0
2019 $6,220 $245,420 $0 $0
2018 $6,038 $238,280 $0 $0
2017 $5,787 $231,340 $0 $0
2016 $5,296 $224,610 $0 $0
2015 $5,157 $218,070 $0 $0
2014 $5,079 $211,720 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $749,900 -- $245 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title
Warranty Deed $270,000 Fidelity Natl Title Co Of Or
Warranty Deed $189,750 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,600 New Conventional
Closed $216,000 Purchase Money Mortgage
Previous Owner $188,198 FHA
Closed $54,000 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 693900267

Regional Multiple Listing Service (RMLS)

APN: R319210

Oregon Multnomah County Portland 97213 Rose City Park

2511 2515 NE 57th Ave, Portland, OR

For Sale

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Christina Hamilton
Listing Agent
Christina Hamilton
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RE/MAX Equity Group
(503) 470-2764