Primary on Main
Address
5105 Se Tibbetts St, Portland, OR
Price
$ 715,000
Property Attributes
- MLS#230352243
- TypeSingle Family
- Listing Status Active
- CountyMULTNOMAH
- CityPortland
- Area143
- NeighborhoodSOUTH TABOR
- Zip97206
- StyleStories1
- Year Built1956
- Taxes$ 6949
- Price$ 715,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3420
- Lot Size0.13 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Creston Elementary School | Kellogg Middle School | Franklin High School |
| Price History | |
|---|---|
| 3/24/2026 | Listed $749,000 |
| 5/26/2026 | 3$730,000 |
| 7/19/2026 | 3$715,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | ForcedAir |
| Cooling | CentralAir |
| Roof | Composition |
| Zoning | R2.5 |
| Garage Spaces | 3.0 |
| Architectural Style | Stories1 |
| Security Features | Sidewalk |
| Year Built | 1956 |
| Stories Count | 1 |
| Property Subtype | SingleFamilyResidence |
| Parcel Number | R142608 |
| Accessibility | KitchenCabinets,NaturalLighting,Parking |
| County | Multnomah |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | SOUTH TABOR |
| Full Baths | 3 |
| Status | Active |
| Directions | S from Division on 51st |
| High School | Franklin |
| City | Portland |
| Disclosures | Disclosure |
| MLS Area | _143 |
| Lot Size Square Feet | 5662.0 |
| Listing Terms | Assumable,Cash,Conventional,FHA,VALoan |
| Elementary School | Creston |
| Tax Annual Amount | 6949.89 |
| Middle/Junior High School | Kellogg |
| Property Condition | Resale |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| ViewDescription | Seasonal |
| Legal Description | CRESTON,BLOCK 1,S 5' OF LOT 7,LOT 8 |
| SeniorCommunityYn | False |
| ADU | False |
Interior Features
| Interior Amenities | HardwoodFloors,Laundry |
|---|---|
| Basement | Daylight,FullBasement |
| Total Fireplaces | 2 |
| Fireplace Features | WoodBurning |
| Hot Water | Electricity |
| Window Features | DoublePaneWindows,VinylFrames |
| Total Bathrooms | 3.0 |
| FuelDescription | Gas |
| Total Bedrooms | 5 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Porch,Yard |
|---|---|
| Parking Features | Carport,Driveway |
| Lot Features | CornerLot,Level |
| Water Source | PublicWater |
| Total Parking | 3.0 |
| Garage Type | Carport |
| Exterior Description | ShakeSiding |
| Foundation Details | ConcretePerimeter |
| Building Area Total | 3420.0 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Concrete,Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97206
Price
Taxes
Year Built
Visits
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than NextHome Next Chapter are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 25, 2026 8:14 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
