$434,000
SOLD MAY 14, 2025

5253 E Burnside St Unit 5255 Portland, OR 97215

North Tabor Neighborhood
-- Bed
-- Bath
1,863 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • 2 Car Garage
  • Level Lot
  • 1-Story Property
  • Glencoe Elementary School Rated A-
  • No Heating

About This Home

As of May 2025

Fantastic Income Opportunity in Prime Melrose Location!This charming corner-lot duplex offers excellent rental potential with two spacious units—one currently occupied. Each unit features a cozy living room with a classic brick fireplace and sliding doors that open to the fenced yard, creating seamless indoor-outdoor living. Adjacent dining areas with bay windows bring in natural light, while the kitchens are equipped with a dishwasher, range, and refrigerator. Both units include 2 bedrooms, a full bathroom with tub/shower combo, and private access to a basement with washer and dryer. Enjoy the outdoors under a covered patio surrounded by mature shade trees. Nestled in the desirable Melrose neighborhood with exceptional walk and bike scores, close to public transit, parks, schools, shopping, dining, and major medical centers (Providence & Adventist). A smart investment with built-in income and prime location appeal!

Last Agent to Sell the Property

Nick Shivers

Keller Williams PDX Central License #200209063 Listed on: 03/27/2025

Keller Williams PDX Central

Last Buyer's Agent

Theresa Peyralans

Windermere Realty Trust License #201222540

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,371

Year Built

  • Built in 1968

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Schools

  • Glencoe Elementary School
  • Mt Tabor Middle School
  • Franklin High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R216570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,371

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1968
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartiallyFinished
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Shingle

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Parcel #: R216570

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6370.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 13, 2025
Sold by
Hatakeyama Lena D and Merrill Lena
Bought by
Trull Zachary S and Peyralans Theresa
Seller's Agent
Nick Shivers
Keller Williams PDX Central
Buyer's Agent
Theresa Peyralans
Windermere Realty Trust
List Price
$450,000
Sold Price
$434,000
Premium/Discount to List
-$16,000
-3.56%
Views
493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5452.35%
Original Mortgage
$347,200
Outstanding Balance
$347,200
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$301,341

Purchase Details

Closed on
Dec 23, 1996
Sold by
Real Estate Exchange Inc
Bought by
Hatakeyama Lena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $434,000 Ticor Title
Quit Claim Deed $176,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $347,200 New Conventional
Previous Owner $89,000 New Conventional
Previous Owner $140,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $434,000 -3.6% $233 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $450,000 0.0% $242 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $450,000 -- $242 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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
2023 $6,371 $231,180 $0 $0
2022 $5,993 $224,450 $0 $0
2021 $5,892 $217,920 $0 $0
2020 $5,405 $211,580 $0 $0
2019 $5,207 $205,420 $0 $0
2018 $5,053 $199,440 $0 $0
2017 $4,844 $193,640 $0 $0
2016 $4,433 $188,000 $0 $0
2015 $4,316 $182,530 $0 $0
2014 $4,251 $177,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 777109183

Regional Multiple Listing Service (RMLS)

APN: R216570