$2,000,000

5136 SE 17th Ave Unit 5154 Portland, OR 97202

Sellwood Neighborhood

Estimated payment $12,515/month

Total Views 6,208
16 Beds
10 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • 0.23 Acre Lot
  • Laundry Facilities
  • Llewellyn Elementary School Rated A-
  • Baseboard Heating
  • Level Lot

About This Home

Amazing location for this 10 unit investment property! The building features 6 two bedroom units along with 4 one bedroom units. Units have been updated and include new cabinets, quartz countertops, tile and vinyl/laminate flooring, and paint on both the interior and exterior. Steady income producing property in an area which makes filling any vacancies effortless. Seller to do 1031 exchange at no cost to buyer.

Listing Agent

George Bitrous

24/7 Properties Brokerage Email: george@247prop.com License #201222115 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,624

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 10,018 Sq Ft Lot
  • Level Lot

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Parking

  • Driveway
  • Paved Parking

Schools

  • Sellwood Middle School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • City Views
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number R181781

Community Details

Building Details

  • Operating Expense $55,120
  • Gross Income $145,583
  • Net Operating Income $90,462

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,624

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1975
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 16
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • View: City

Garage/Parking

  • Parking Description: Driveway, Paved
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: CE
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R181781

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 17624.05

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 13.74
  • Annual Gross Income: 145583.0
  • Property Net Operating Income: 90462.0
  • Annual Operating Expense: 55120.0

Map

Range of Values:

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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
04/17/2025 04/17/25 For Sale $2,000,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 243607815

Regional Multiple Listing Service (RMLS)

APN: 1S1E14AC 02800

Oregon Multnomah County Portland 97202 Sellwood

5136 SE 17th Ave Unit 5154, Portland, OR

This home is located at 5136 SE 17th Ave Unit 5154, Portland, OR 97202 and is currently priced at $2,000,000. This property was built in 1975. 5136 SE 17th Ave Unit 5154 is a home located in Multnomah County with nearby schools including Llewellyn Elementary School, Sellwood Middle School, and Cleveland High School.

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Listing Agent
George Bitrous
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24/7 Properties
(971) 220-7423