Mixed-Use Property with
5031 SE JENNE Rd, Portland, OR 97236
For Sale
New
$714,900
CommercialSale, Portland, OR
Property Size1,200 SF
Lot Size1.10 Acres
Price / SF$377.26
Days on Market2
Property Features for 5031 SE JENNE Rd
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
RE/MAX Equity Group · RE/MAX International
(503) 287-8989
Listed By:
Kevin Smallbeck · License OR #981000145
(503) 351-4989
Added: Nov 13
Changed: Nov 14
Last Checked: Nov 14 at 3:06AM
MLS# 738262456
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
At 5031 SE Jenne Rd, the property combines a 1,895-square-foot, single-level home with a detached 30' x 40' shop. The residence has three bedrooms, two full bathrooms, an oversized two-car garage, and a fenced yard. Its interior has been remodeled. The home was built in 1992, and features forced-air heating, central air, and a composition roof.
The shop has metal siding, a newer roof, independent 200-amp electrical service, and natural gas. The grounds include a level, graveled, fenced area described for construction-yard use. Together, the residential and shop improvements provide distinct spaces for living and work on the same property.
The shop has metal siding, a newer roof, independent 200-amp electrical service, and natural gas. The grounds include a level, graveled, fenced area described for construction-yard use. Together, the residential and shop improvements provide distinct spaces for living and work on the same property.
Key Highlights
- 1,895‑square‑foot, single‑level home with three bedrooms and two full bathrooms
- Detached 30' x 40' shop with independent 200‑amp electrical service and natural gas
- Oversized two‑car garage and fenced residential yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,583
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,660
$511.7K
Cap Rate 7%
$365,471
$365.5K
Cap Rate 9%
$284,256
$284.3K
Market Conditions
NOI Build-Up for 1,895 SF
Gross rent
$45.5K $24.00/SF
− Vacancy
−$4.5K −$2.40/SF
EGI
$40.9K $21.60/SF
− OpEx
−$15.3K −$8.10/SF
NOI
$25.6K $13.50/SF
Area
Portland, OR
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,660
Cap Rate 7%
$365,471
Cap Rate 9%
$284,256
Alternative Uses
Best Use
Mixed Use
$365.5K
$319.8K – $426.4K
NOI $25,583 @ 7.0% cap · market cap 3.58%
Second Best
Office B
$350.4K
$306.6K – $408.8K
NOI $24,530 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$532.2K
$465.6K – $620.9K
NOI $37,251 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
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Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Portland, OR
Properties on Market for Mixed-use properties in Portland
Vacancy Rate% for Office in Portland, OR
Frequently Asked Questions
What type of property is this?
Mixed-use property - A single-level residence and a separate workshop share a fenced property configured for residential and business use.
Where is this mixed-use property located?
The property is located at 5031 SE JENNE Rd Portland, OR.
What is the asking price?
The asking price for this property is $714,900.
What are key features of this property?
This property features: 1,895‑square‑foot, single‑level home with three bedrooms and two full bathrooms; Detached 30' x 40' shop with independent 200‑amp electrical service and natural gas; Oversized two‑car garage and fenced residential yard
