5105 5109 SE TIBBETTS ST, Portland, OR 97206

$715,000
5
BD
3
BA
3,420
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$715,000
Price Change
▼ $15,000 1784500626
Days on Market
126
Status
ACTIVE
MLS#
230352243
Rent
4912
Bedrooms
5
Bathrooms
3
Living Area
3,420
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast

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.

Additional Information

Tax Amount
$6,949
Year Built
1956
High School
Franklin
Elementary School
Creston
Middle School
Kellogg
Fireplaces Total
2
Garage Spaces
3
Garage Type
Carport
Acres
0.13
Living Area
3,420
Stories
1
Subdivision
SOUTH TABOR
Property Type
Single Family Residence
Terms
Assumable, Cash, Conventional, FHA, VA Loan
Accessibility Features
Kitchen Cabinets, Natural Lighting, Parking
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story
View
Seasonal
Parking
Carport, Driveway
Security Or Entry
Sidewalk
Parking Description
Carport, Driveway
Road Surface
Concrete, Paved
Exterior Features
Porch, Yard
Interior Features
Hardwood Floors, Laundry

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Urban Nest Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.