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  • $625,000

    17 S Gibbs St, Portland, OR 97239

    6beds
    4,611sqft
    Multi Family
    Built in 1888
    -- sqft lot
    $-- Zestimate®
    $136/sqft
    $4,586 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,586/mo

    Zestimate® history
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    What's special

    Rare 4-Plex Investment Opportunity!?? Welcome to the investment opportunity of a lifetime! Nestled in the coveted Corbett-Terwilliger-Lair Hill neighborhood of Portland, this rare 4-plex gem awaits your vision. With 6 bedrooms, 4 bathrooms, and the potential for a 5th unit in the finished basement, this property offers incredible potential for savvy investors. Although it needs a touch of TLC, this 1888 treasure is a canvas awaiting your creative brushstrokes to restore its former glory. The location itself is a dream?boasting an impressive Walk Score of 86, Transit Score of 78, and Bike Score of 80, making it a commuter?s paradise. Imagine the convenience of being within walking distance to OHSU and just minutes away from the vibrant heart of Downtown Portland. This property isn?t just a structure; it?s an opportunity to create an investment that flourishes. Embrace the potential, seize the location, and unlock the rewards of owning a piece of Portland?s history while making an impactful investment for the future. Don?t miss out on this chance to craft your own success story in real estate!

    Zillow last checked: 8 hours ago

    Listing updated: April 10, 2024 at 04:06am

    Listed by:

    Ted Williams 360-910-0317,

    Urbane Realty Group

    Bought with:

    Adam Khatib, 201247690

    Kelly Right Real Estate of Portland, LLC

    Source: RMLS (OR),MLS#: 23118286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Partially Finished,Storage Space
    Interior area
    • Total structure area: 4,611
    • Total interior livable area: 4,611 sqft

    Property

    Features
    • Stories: 3
    • Has view: Yes
    • View description: City, Trees/Woods
    Lot
    • Features: Level, SqFt 3000 to 4999
    Details
    • Parcel number: R129017
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1888

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: South Portland

    HOA & financial

    Other financial information
    • Total actual rent: 3441

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    3/29/2024Sold$625,000-21.9%$136/sqft
    Source: RMLS (OR) #23118286 Report a problem
    2/14/2024Pending sale$799,900$173/sqft
    Source: RMLS (OR) #23118286 Report a problem
    2/5/2024Price change$799,900-5.9%$173/sqft
    Source: RMLS (OR) #23118286 Report a problem
    12/11/2023Listed for sale$850,000$184/sqft
    Source: RMLS (OR) #23118286 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,617 +0.8%$346,100
    2024$6,563 -28.4%$346,100
    2023$9,163 +2.2%$346,100 +3%

    Find assessor info on the county website

    Neighborhood: Corbett-Terwilliger-Lair Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Jackson

    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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