Seller's Agent in 2024
Benjamin Ficker
Keller Williams Sunset Corridor
(971) 235-9561
1 in this area
54 Total Sales
5110 SE Division St Portland, OR 97206
Richmond NeighborhoodEstimated Value: $694,000 - $1,632,165
8
Beds
8
Baths
10,752
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Waterfront
- Security Gate
- Forced Air Heating System
- Atkinson Elementary School Rated 10
- Property is near a bus stop
- Laundry Facilities
About This Home
As of April 2024The property is comprised of two buildings with a gated courtyard between. Each building has four large (896 sqft) 1 Bed / 1 Bath units. The basement of each building includes a coin-op washer/dryer and separate storage for each unit. There is interior access to the laundry facilities from every unit. The property was built in 1927 and sits upon apex. 10,000 Sqft of land (0.23 Ac) per the City of Portland. While many of the windows have been upgraded to newer vinyl, there are still a handful of wood framed windows that capture the old portland charm. The exterior of the buildings are stucco which has been maintained well over the years. In addition to the available storage in the basement, there are six garage spaces that are available to rent for additional income, though only three are street facing.
Last Agent to Sell the Property
Keller Williams Sunset Corridor Brokerage Phone: 971-235-9561 License #200412166 Listed on: 09/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,148
Year Built
- Built in 1927
Lot Details
- Waterfront
- Level Lot
Home Design
- Tile Roof
- Stucco Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 10,752 Sq Ft Home
- 2-Story Property
- Security Gate
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Location
- Property is near a bus stop
Schools
- Atkinson Elementary School
- Mt Tabor Middle School
- Franklin High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number R241342
Community Details
Overview
- 8 Units
- Richmond Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $60,885
- Gross Income $142,885
- Net Operating Income $82,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $1,613,000 | -5.1% | $150 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | Price Changed | $1,700,000 | -5.6% | $158 / Sq Ft |
| 09/23/2023 09/23/23 | For Sale | $1,800,000 | -- | $167 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $20,656 | $766,600 | -- | -- |
| 2024 | $19,914 | $744,280 | -- | -- |
| 2023 | $19,148 | $722,610 | $0 | $0 |
| 2022 | $18,734 | $701,570 | $0 | $0 |
| 2021 | $18,416 | $681,140 | $0 | $0 |
| 2020 | $16,895 | $661,310 | $0 | $0 |
| 2019 | $16,273 | $642,050 | $0 | $0 |
| 2018 | $15,795 | $623,350 | $0 | $0 |
| 2017 | $15,138 | $605,200 | $0 | $0 |
| 2016 | $13,854 | $587,580 | $0 | $0 |
| 2015 | $13,490 | $570,470 | $0 | $0 |
| 2014 | $13,286 | $553,860 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Ficker
-
Jordan Fezler
Buyer's Agent in 2024
Jordan Fezler
Apex Residential
(503) 309-6003
1 in this area
54 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23604124
APN: R241342
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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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