Seller will carry a first position loan at terms to be provided! 6.12 Cap Rate! 5 Unit apartment community in the heart of SW Portland, John's Landing & South Portland neighborhood. Minutes to downtown Portland & ideal for owner occupy! The property's 1, 3 & 4 bedroom units feature large floor plans, fully equipped kitchens w/stainless appliances, fireplaces, A/C, in-unit washer & dryer, patios or balconies & attached garages. Photos of Unit 5017 is 1900 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms & river views. Photos of Unit 5021 is 2200 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms and 2 car garage.Minutes to mass transit, freeways, shopping & recreation. Seller financing available, terms to be provided upon request. Additional utility offset paid by tenants $44 per person in each unit. Currently is $704 per month. Most units are nicely updated. Do not disturb tenants, Showing subject to Buyer qualifications and acceptable offer.
Sold
$1,660,000
5013 SW View Point Ter, Portland, OR 97239
16beds
8,365sqft
Multi Family
Built in 1979
-- sqft lot
$1,612,900 Zestimate®
$198/sqft
$2,106 Estimated rent
Home value
$1,612,900
$1.50M - $1.74M
$2,106/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 31, 2025 at 07:42am
Listed by:
Peter Jameson 503-320-1880,
J Residential Properties,
Erin Jameson Maher 503-407-1526,
J Residential Properties
Bought with:
Peter Jameson, 200204424
J Residential Properties
Source: RMLS (OR),MLS#: 24024738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 12
- Full bathrooms: 9
- Partial bathrooms: 3
Heating
- Forced Air 90, Fireplace(s)
Cooling
- Central Air, Wall Unit(s), Air Conditioning
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Daylight,Finished
Interior area
- Total structure area: 8,365
- Total interior livable area: 8,365 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Off Street
- Garage spaces: 6
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s), River, Valley
- Has water view: Yes
- Water view: River
Lot
- Size: 10,018 sqft
- Features: Sloped, SqFt 10000 to 14999
Details
- Parcel number: R285411
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Panel, T111 Siding
- Foundation: Block, Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Portland
- Subdivision: South Portland
HOA & financial
Other financial information
- Total actual rent: 13580
Other
Other facts
- Listing terms: Cash,Contract,Conventional,Owner Will Carry
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listing removed | $2,995 |
Source: Zillow Rentals | ||
| 8/21/2025 | Price change | $2,995-9.1% |
Source: Zillow Rentals | ||
| 8/8/2025 | Price change | $3,295-2.9% |
Source: Zillow Rentals | ||
| 7/8/2025 | Listed for rent | $3,395+13.4% |
Source: Zillow Rentals | ||
| 1/31/2025 | Sold | $1,660,000-5.1%$198/sqft |
Source:  RMLS (OR) #24024738 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Corbett-Terwilliger-Lair Hill
Nearby schools
GreatSchools rating
- 9/10Capitol Hill Elementary SchoolGrades: K-5Distance: 1.9 mi
- 8/10Jackson Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Capitol Hill
- Middle: Jackson
- High: Ida B Wells
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,612,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,612,900