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    OFF-MARKET
    Residential income homes

    5265 15Th Ave, Portland, OR 97211

    2,548 SF Built 2022
    Property ID
    US71-0076086
    Property summary
    AI-generated overview

    This exceptional 2022-built, three-story multifamily home in Portland's desirable Alberta Arts District offers a unique investment opportunity. Boasting 2,548 square feet, the property features two distinct units: a spacious main unit with four bedrooms and 2.1 bathrooms, and a separate lower-level unit with one bedroom and one bathroom. The main unit showcases an open-concept living area perfect for entertaining, a chef's kitchen with stainless steel appliances, and a charming faux balcony. Upstairs, the primary suite includes ample closet space, and two additional generously sized bedrooms, each with its own walk-in closet. The lower-level unit, upgraded with soundproofing, offers a private entrance, open-concept living room, full kitchen, and a spacious bedroom with bathroom. The property also includes a covered deck and a private, fenced yard. Currently operating as a successful Airbnb with a transferable Type B Rental Permit, this property presents a blend of luxurious living and income-generating potential. Located in a highly walkable and bikeable area (WalkScore 96, BikeScore 100), this home is a rare find in a thriving community. The property is zoned R2.5 and sits on a single building on a lot in Multnomah County, Oregon, with the address 5265 NE 15th Ave, Portland, OR 97211. The asking price is $849,900.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2022
    Total area 2,548 SF
    UPID US71-0076086
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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