18 days on rocket

5105 SE Tibbetts St, Portland, OR, 97206

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
3,420 SqFt
$241/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5105 SE Tibbetts St, Portland$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway, Street Parking
Year Built1956
HeatingForced Air
CoolingCentral Air
BasementYes
ViewSeasonal View
MLS #24287734
Lot Size0.13 Acres
StatusActive

About 5105 SE Tibbetts St

Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% 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 and live in the non-conforming 3rd unit. No Showings, please contact the listing agent for Open House information or questions. DND Tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 3,420 SqFt

Listing Office:

  • Office Name: Urban Nest Realty
  • Office Phone: (503) 432-8126
  • Listing Agent: Michael Kafoury

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Exterior Features

Exterior Information:

  • View: Seasonal View

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Franklin High School, Public District Grades 9-12
  • Creston Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: S from Division on 51st

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $241/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Portland, OR.

Map thumbnail provided by MapBox

Portland, OR

City

Med. Sold Price

$539.4K

Med. Price/SqFt

$314

Avg. Days On Market

44

# of Sold Homes

611

5105 SE Tibbetts St vs Portland

18 DAYS ON ROCKET

-26 Days

$825,000

+$285.5K More

$241/SqFt

-$73 Less

KEY TAKEAWAY

This property is $285.5K more than the Median Sold Price and $73/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24287734

Listing Office:

  • Office Name: Urban Nest Realty
  • Office Phone: (503) 432-8126
  • Listing Agent: Michael Kafoury

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3376628
7
/10

  • Creston Elementary School

  • 4701 SE Bush St

  • 0.39 miles

  • Public District Grades KG-8

High School

school-card-donut-3376629
5
/10

  • Franklin High School

  • 5405 SE Woodward St

  • 0.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,307. Typical income of Portland, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5105 SE Tibbetts St

What is the listing price of this property?

The listing price of 5105 SE Tibbetts St property is $825,000.

What type of property is this?

The property 5105 SE Tibbetts St is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 5105 SE Tibbetts St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5105 SE Tibbetts St are:
Creston Elementary School: GreatSchools Rating 7/10
Franklin High School: GreatSchools Rating 5/10

What is the square footage of this property?

The property 5105 SE Tibbetts St is 3,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5105 SE Tibbetts St is 1956.

Rocket Homes›Oregon›Multnomah County›Portland›97206›5105 SE Tibbetts St

This home is located at 5105 SE Tibbetts St in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 3,420 square foot home, which was built in 1956, sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $825,000.

In March 2024, from all listings sold in Portland, OR there were more than 245 sold above asking price, over 217 sold below and more than 149 were sold right at the asked price. The number of homes for sale in Portland, OR increased by 8% between February 2024 and March 2024. In March 2024 median list price was $539,441 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources