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    5628 SE 87Th Ave Portland, OR 97266

    For Sale
    $1,100,000

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.32 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 5628 SE 87Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    Rooms
    Bedroom 11, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 10, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 12, Bathroom 5, Bathroom 6, Bedroom 5, Bedroom 14, Bedroom 6, Bedroom 9, Bathroom 4, Bedroom 13, Bathroom 7, Bedroom 7, Bedroom 2
    Bedrooms
    14
    APN
    R231151
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1996
    Floors in Building
    1
    Number of units
    7
    Roof type
    Composition

    ERA Freeman & Associates, Realtors (503) 665-3144 [email protected]

    Listing agent Samantha Chan (503) 665-3144

    Listing date Sep 16, 2025

    MLS# 480727364 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

    Multifamily Property in Portland, Oregon

    This multifamily property is located in Portland, Oregon. The property features a convenient location, with minutes to I-205 and the MAX station. Six units were constructed in 1996, with an older home situated in the middle. The property, zoned R1, occupies a lot size of 0.32 acres. The property needs some updates. This presents a great opportunity for contractors or investors. All units are currently occupied, with the exception of one unit that was recently vacated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.572931
    Latitude
    45.481777

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with convenient location near I-205 and MAX.
    Where is this apartment building located?
    The property is located at 5628 SE 87Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Convenient location: Minutes to I-205 and MAX station.; - Six units built in 1996.; - Great opportunity for contractors or investors.
    (503) 665-3144
    Request Owner's contact information
    5628 SE 87Th Ave Portland, OR 97266
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    Portland, OR 97266
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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
    5628 SE 87Th Ave Portland, OR 97266
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