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$588000   Price Analysis
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5717 SE Foster Rd
Portland, OR 97206
3 bed 2 bath 1438 SqFt ($408/SqFt)
Built 1908
Listed 2024-05-07, Taxes $2915
Ⓧ USDA Ineligible
due to location

near Woodstock

Supreme location and highly dsired zoning.

Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income.

The mix of commercial uses, includes multifamily, single-family, auto-accomm odating, drive-through facilities, light manufacturing and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.


Presented by Brenda Brunner at
Real Broker, LLC.
Listing Agent Photo

Property MLS #24581693 from RMLS

Bedrooms: 3

Full Bathrooms: 2

Heating Features: ForcedAir
Heating Fuel: Gas
Heating: Yes
Water Heaters: Tank

Basement Description: ExteriorEntry, FullBasement, StorageSpace

Lot Description: OnBusline

Parking Features: OffStreet, OnStreet
Parking Total: 6

Elementary School: Creston
High School: Franklin
Middle School: Kellogg

Creston Elementary School is a public elementary and middle school located approximately 0.5 miles away.
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Franklin High School is a public high school located approximately 0.6 miles away.
directions icon Map directions

Mount Scott Park Center for Learning is a private high school located approximately 0.3 miles away.
directions icon Map directions

Gross Income: 37032
Gross Scheduled Income: 46032
Rent Includes: MaintenanceGrounds

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 2980.329999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.93
Directions: Foster to 5717
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: FOSTER - POWELL
Parcel Number: R298609
Subdivision: FOSTER - POWELL
Zoning: CE
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$109200
$2915
2021$unknown + $unknown
$106020
$2866
2020$unknown + $unknown
$102940
$2629
2019$unknown + $unknown
$99950
$2533
2018$unknown + $unknown
$97040
$2458
2017$unknown + $unknown
$94220
$2356
2016$unknown + $unknown
$91480
$2156
2015$unknown + $unknown
$88820
$2100
2014$unknown + $unknown
$86240
$2068
2013$unknown + $unknown
$83730
$2020
2012$unknown + $unknown
$81300
$1828
2011$unknown + $unknown
$78940
$1759
2010$unknown + $unknown
$76650
$1669
2009$unknown + $unknown
$74420
$1625
2008$unknown + $unknown
$72260
$1534
2007$unknown + $unknown
$70160
$1529

Listing removed 2024-05-08
$599000
RMLS
Listed 2024-05-07
$588000
RMLS
Price Changed 2024-02-02
$599000
RMLS
Price Changed 2024-01-20
$650000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-08
$650000
RMLS
Sold 2023-03-06
$495000
RMLS
Listing removed 2022-12-14
$495000
RMLS
Listed 2022-09-21
$495000
RMLS
Sold 2010-07-30
$220000
Public Record
Listing removed 2010-04-02
$199000
RMLS
Listed 2010-02-23
$199000
RMLS
Listing removed 2004-01-01
$149900
RMLS
Listed 2003-09-08
$149900
RMLS

Net Operating Income: 29004
Operating Expense: 8028

Year Built: 1908
Building Area Total: 1438
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 116
Property Condition: UpdatedRemodeled
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.