$3,900,000
$300K PRICE DROP

5109 NE Killingsworth St Portland, OR 97218

Cully Neighborhood

Estimated payment $22,406/month

Total Views 7,218
3 Beds
2 Baths
15,500 Sq Ft
$252 Price per Sq Ft

Highlights

  • 1.07 Acre Lot
  • Landscaped
  • Level Lot
  • Beaumont Middle School Rated 10
  • Laundry Facilities
  • Heating System Mounted To A Wall or Window

About This Home

19 existing apartments with vacant land for 18 additional units, permit ready. Existing property is an excellent investment with history of high occupancy and upside in rent. Email Broker for full marketing package. Owner is a licensed real estate broker in Oregon. Please do not disturb residents.

Listing Agent

Glenna Cooke

GA Cooke Real Estate Services License #780303551 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,718

Year Built

  • Built in 1966

Lot Details

  • 1.07 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Metal Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 15,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Beaumont Middle School
  • Leodis Mcdaniel High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number R194241

Community Details

Building Details

  • Operating Expense $99,036
  • Gross Income $320,005
  • Net Operating Income $206,509

Additional Features

  • 19 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,718

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1966
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 3
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping, Laundry

Schools

  • High School: Leodis McDaniel
  • Middle Or Junior School: Beaumont

Lot Info

  • Zoning: Multi
  • Lot Size Acres: 1.07
  • Lot Size Sq Ft: 46609.0
  • Parcel #: R194241

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 21717.88

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 19
  • Gross Rent Multiplier: 12.19
  • Annual Gross Income: 320005.0
  • Property Net Operating Income: 206509.0
  • Annual Operating Expense: 99036.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $3,900,000 -7.1% $252 / Sq Ft
03/21/2025 03/21/25 For Sale $4,200,000 -- $271 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 576866255

Regional Multiple Listing Service (RMLS)

APN: 1N2E18CD 04100

Oregon Multnomah County Portland 97218 Cully

5109 NE Killingsworth St, Portland, OR

This home is located at 5109 NE Killingsworth St, Portland, OR 97218 and is currently priced at $3,900,000, approximately $251 per square foot. This property was built in 1966. 5109 NE Killingsworth St is a home located in Multnomah County with nearby schools including Rigler Elementary School, Beaumont Middle School, and Leodis V. McDaniel High School.

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.

Regional Multiple Listing Service (RMLS) 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.

Nearby Homes
Listing Agent
Glenna Cooke
Section Image
GA Cooke Real Estate Services
(971) 251-1435