See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5105-5109 SE Tibbetts St, Portland, OR, 97206

5beds
3baths
3,420sqft
$715,000
$209price/sqft
$4,692/moest. monthly cost
$187,680/yrincome needed

About This Home

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.

Getting Around

88
WalkingVery Walkable
52
TransitGood Transit
96
BikeBiker's Paradise

Schools

9/10
7/10
Hosford Middle SchoolGrades 6-81.4 mi
6/10
Franklin High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Shake Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Features

  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,420
  • Total interior livable area: 3,420 sqft

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Kitchen Cabinets,Natural Lighting,Parking,Accessibility

Details

  • Parcel number: R142608
  • Zoning: R2.5

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Yard
  • Has view: Yes
  • View description: Seasonal

Lot

  • Lot size: 5,662 sqft
  • Features: Corner Lot,Level,SqFt 5000 to 6999

Parking

  • Total spaces: 3
  • Parking features: Carport,Driveway
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,615$43,380
Home Insurance *$160$1,920
Property Taxes $607$7,284
Electricity $310$3,724
Total$4,692$56,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,868/yr
40% on housing$140,760/yr
45% on housing$125,120/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 97206$229
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97206$323
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$749,000
2019-07-31Sold$599,000
2019-07-02Pending sale$599,000
2019-06-22Listed for sale$599,000
2019-06-18Pending sale$599,000
2019-06-10Listed for sale$599,000
2019-06-05Pending sale$599,000
2019-05-24Listed for sale$599,000

For Sale by Agent

AgentMichael Kafoury
BrokerageUrban Nest Realty

Similar Homes