Active

$599,000

5816 SE Foster Rd, Portland, OR 97206

2beds

3,002sqft

Est.:

Multi Family

Built in 1904

-- sqft lot

$-- Zestimate^®

$200/sqft

$-- HOA

What's special

Great investment opportunity on this fully leased building in a CE zoned area. The second level boasts a spacious apartment perfect for a potential live-work situation. This great location has a lot of redevelopment potential as well given the flexible and high density CE zoning. Potential to build up to 45 feet tall (buyer to do due diligence).

588 days

245

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air 90

Cooling

Central Air

Appliances

Included: Electric Water Heater

Interior area

Total structure area: 3,002
Total interior livable area: 3,002 sqft

Property

Parking

Total spaces: 4
Parking features: Off Street

Features

Stories: 2

Lot

Size: 5,227.2 Square Feet
Features: SqFt 5000 to 6999

Details

Parcel number: R224555
Zoning: CE

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement Siding
Foundation: Slab
Roof: Flat

Condition

Approximately
Year built: 1904

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $200/sqft
Annual tax amount: $3,828
Date on market: 5/21/2024
Listing terms: Cash,Contract,Conventional,Lease Option,Owner Will Carry,Trade
Total actual rent: 4000
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/21/2025	Listed for sale	$599,000-17.4%$200/sqft
Source: RMLS (OR) #24229941 Report a problem
8/4/2024	Listing removed	$725,000$242/sqft
Source: RMLS (OR) #24229941 Report a problem
5/21/2024	Listed for sale	$725,000-27.5%$242/sqft
Source: RMLS (OR) #24229941 Report a problem
12/29/2017	Sold	$1,000,000+156.4%$333/sqft
Source: RMLS (OR) #17606942 Report a problem
12/18/2015	Sold	$390,000$130/sqft
Source: RMLS (OR) #15310302 Report a problem