$749,900

5038 N Vanderbilt St Portland, OR 97203

Portsmouth Neighborhood

Estimated payment $4,543/month

Total Views 3,898
6 Beds
6 Baths
2,698 Sq Ft
$278 Price per Sq Ft

About This Home

University Park Tri-plex Live in one, let the others make your payment. Tree lined street. Light and bright units have off street parking W&D. Updates Easy care lot. Handy to shopping and services. You can't miss with this one.

Listing Agent

Joe Hauge

Welcome Home Realty License #940200093 Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,338

Year Built

  • Built in 2004

Lot Details

  • 3,484 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,698 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Paved Parking

Schools

  • Astor Elementary School
  • Cesar Chavez Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R520707

Community Details

Overview

  • 3 Units
  • University Park Subdivision

Building Details

  • Operating Expense $14,303
  • Gross Income $53,340
  • Net Operating Income $39,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,338

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 749900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 6
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: VinylSiding
  • 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: Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Astor
  • High School: Roosevelt
  • Middle Or Junior School: Cesar Chavez

Lot Info

  • Zoning: R2.5
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R520707

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7337.94

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.06
  • Annual Gross Income: 53340.0
  • Property Net Operating Income: 39037.0
  • Annual Operating Expense: 14303.0

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 $7,611 $282,480 -- --
2024 $7,338 $274,260 -- --
2023 $7,338 $266,280 $0 $0
2022 $6,903 $258,530 $0 $0
2021 $6,786 $251,000 $0 $0
2020 $6,226 $243,690 $0 $0
2019 $5,997 $236,600 $0 $0
2018 $5,820 $229,710 $0 $0
2017 $5,578 $223,020 $0 $0
2016 $5,105 $216,530 $0 $0
2015 $4,971 $210,230 $0 $0
2014 $4,846 $204,110 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 For Sale $749,900 -- $278 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 Stewart
Interfamily Deed Transfer -- Stewart
Corporate Deed -- Stewart Title
Warranty Deed $25,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,497 FHA
Previous Owner $104,000 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 312479000

Regional Multiple Listing Service (RMLS)

APN: R520707

Oregon Multnomah County Portland 97203 Portsmouth

5038 N Vanderbilt St, Portland, OR

For Sale

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Nearby Homes
Listing Agent
Joe Hauge
Section Image
Welcome Home Realty
(971) 306-9375