5160 NE Columbia Blvd Portland, OR 97218
Cully NeighborhoodEstimated payment $4,233/month
Highlights
- RV Access or Parking
- City View
- 1 Fireplace
- Beaumont Middle School Rated 10
- Wood Flooring
- Granite Countertops
About This Home
Charming income-producing triplex in desirable NE Portland — 5160 NE Columbia Blvd. Rare investment opportunity with solid cash flow and flexible IG2 zoning for future options. Property features three well-maintained units (mix of 3BR and studio layouts), updated kitchens, efficient appliances, in-unit storage, and on-site laundry. Separate meters for water and electricity where applicable, off-street parking for tenants, and a secure common entrance. Strong rental history, low vacancy, and professional property management in place — immediate income from day one. Prime location: minutes to Columbia Slough greenway, easy access to I-84 and I-205, close to shopping, restaurants, and public transit. IG2 zoning adds redevelopment potential or expanded commercial/industrial use subject to city approvals. Ideal for investors seeking stable returns with upside through minor value-add renovations or future entitlement. Contact for rent roll, income/expense statements, and to schedule a showing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,448
Year Built
- Built in 1948
Lot Details
- 0.28 Acre Lot
- Level Lot
- Cleared Lot
Home Design
- Slab Foundation
- Composition Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 2,601 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- City Views
Kitchen
- Free-Standing Range
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Parking
- Detached Garage
- Driveway
- RV Access or Parking
- Controlled Entrance
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Rigler Elementary School
- Beaumont Middle School
- Leodis Mcdaniel High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R314148
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,576 | $132,730 | -- | -- |
| 2024 | $3,448 | $128,870 | -- | -- |
| 2023 | $3,316 | $125,120 | $0 | $0 |
| 2022 | $3,244 | $121,480 | $0 | $0 |
| 2021 | $3,189 | $117,950 | $0 | $0 |
| 2020 | $2,926 | $114,520 | $0 | $0 |
| 2019 | $2,818 | $111,190 | $0 | $0 |
| 2018 | $2,735 | $107,960 | $0 | $0 |
| 2017 | $2,622 | $104,820 | $0 | $0 |
| 2016 | $2,399 | $101,770 | $0 | $0 |
| 2015 | $2,337 | $98,810 | $0 | $0 |
| 2014 | $2,301 | $95,940 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $750,000 | -- | $288 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Wfg Title | |
| Interfamily Deed Transfer | $249,750 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Bargain Sale Deed | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $25,000 | Credit Line Revolving | |
| Previous Owner | $130,823 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 560773310
APN: R314148
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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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