Home For Sale In Portland, Oregon

house for sale

Listed: 05/29/24

5840 Se 89th Ave, Portland, Oregon, 97266

Studio Bed:

11 Bath:

5,369 Sq Ft Living Area:

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Price

$ 1,95M

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About This House

New 11 unit apartment building in the Lents District which offers a vibrant community with amenities like FlipSide Bar and Carts, the Farmers Market, Lents Park, and easy transportation making it an attractive location for tenants. The fact that the building is professionally managed and fully leased adds to its appeal, as does the availability of plenty of street parking and outdoor amenities. Having full income and expense reports available for a Buyer makes it transparent and easier to assess the investment's potential. Overall, a plug-and-play investment opportunity in a promising location.

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Houses for sale in Portland

Original listing

Lents Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$443,797 (-2.7%)
May 2024	$456,270 (+11.4%)
Apr 2024	$409,509 (-4.9%)
Mar 2024	$430,530 (0%)
Feb 2024	$430,530 (0%)
Jan 2024	$430,530 (-2%)

In June 2024, the asking price for 3 bed houses for sale in/near Lents, Portland, United States averaged $443,797, a decrease of 2.7% from the previous month.

Median price trends for properties for sale in Lents, Portland, United States as of June 2024.

Household Income

Median household income: $73,097

Number of households: 273,607

The average household income in Portland, OR grew from $66,187 to $73,097 in the past year. This data is an estimate based upon 273,607 households in Portland, OR.
The chart below presents how household income is distributed in Portland, OR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Portland, OR compared to median property taxes around the country. The prevalent amount of property taxes in Portland, OR equals $3k+ , which is more than the national average.