Property profile

2021 Tibbetts St Portland, OR 97202

OFF-MARKET
Auto shops
Property ID
US71-0958771
589 SF 0.02 ac lot Built 1952
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This unique 589 square foot shop/garage, built in 1952, presents a rare opportunity in Portland's desirable SE Hosford/Abernethy neighborhood. Located at 2021 SE Tibbetts Street, this property sits on a 0.02-acre lot and offers endless potential for a variety of uses. Its character-filled structure provides a blank canvas for customization, making it perfect for entrepreneurs, craftspeople, or motor enthusiasts seeking a versatile workspace. The property's prime location offers easy access to the vibrant community amenities of Ladd's Addition, including its charming garden community. Foodies will appreciate the proximity to acclaimed restaurants like Ava Gene's, while those seeking outdoor recreation can easily reach the scenic Clinton City Park. This well-connected location provides convenient access to various parts of the city, making it an ideal base for both business and leisure activities. The asking price is $200,000. Don't miss this chance to acquire a unique property in a thriving Portland neighborhood

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1952
Total area 589 SF
Lot 0.02 ac (836 SF)
Zoning code R25
APN 1S1E11AD 02300
UPID US71-0958771

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2021 Tibbetts St Portland, OR 97202-2619
Portland metro Census 1000 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2025
Last sale
$150,000
1 recorded transaction
2025
$150,000

Zoning & alternative use

R25 · Portland, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2021 Tibbetts St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message