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    5038 N Vanderbilt St Portland, OR 97203

    For Sale
    $749,900

    MULTI_FAMILY - Portland, OR

    Property size:
    2,698 SF
    Lot size:
    0.08 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 5038 N Vanderbilt St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2.5
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5
    Bedrooms
    6
    APN
    R520707
    Size
    2,698 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Zoned

    Building Details

    Year built
    2004
    Floors in Building
    2
    Number of units
    3
    Roof type
    Composition

    Welcome Home Realty (503) 939-6053 [email protected]

    Listing agent Joseph Hauge (503) 679-9406

    Listing date Aug 8, 2025

    MLS# 312479000 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Triplex in University Park

    This triplex is located in Portland, Oregon, specifically in the University Park neighborhood. The property is situated on a tree-lined street and features light and bright units. Each unit includes off-street parking and washer and dryer hookups. The lot is designed for easy care. The property is conveniently located near shopping and services. The building size is 2698 square feet and the lot size is 0.08 acres. The zoning is R2.5. This multifamily residential income property offers an opportunity to live in one unit and rent out the other two.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.72023
    Latitude
    45.58174

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    FAQs

    What type of property is this?
    Triplex - Triplex in University Park with off-street parking and W&D.
    Where is this triplex located?
    The property is located at 5038 N Vanderbilt St Portland, OR.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Triplex property.; - Live in one unit and rent out the other two for income.; - Off-street parking.
    (503) 679-9406
    Request Owner's contact information
    5038 N Vanderbilt St Portland, OR 97203
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    Portland, OR 97203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5038 N Vanderbilt St Portland, OR 97203
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