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  • Price cut: $137K (5/23)
    $1,283,000

    5223 SE Lafayette St, Portland, OR 97206

    10beds
    3,683sqft
    : 
    Multi Family
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Subway tilePrivate backyardNew appliancesNew cabinetsPrivate patioNew carpetGranite counter tops
    This five-unit beauty has legs! Terrific Foster/Powell location ideal for renters. Four two-story units and one single level unit. Townhouse style two-story units have been professionally remodeled. Kitchens feature granite counter tops, new cabinets and new appliances. Living room floors are either engineered wood or oak. New carpet on the upper levels. Bathrooms with subway tile and new fixtures. Two units have a private backyard. The single level unit upstairs has a private patio. Solid tenants with significant room to improve rents. This building is a long-term hold with incredible opportunity to build cash flow and equity. Fully occupied -- please do not disturb tenants. Offer contingent on interior inspection. No sign at the property. Seller is a licensed agent in another state. A wonderful property to start or improve your investment portfolio!
    103 days
    on Zillow
    |
    123
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 06:12am

    Listed by:

    Lisa Long 503-317-4399,

    High Five Properties

    Source: RMLS (OR),MLS#: 420706361MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5223 SE Lafayette St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Zoned
    Appliances
    • Included: Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Interior area
    • Total structure area: 3,683
    • Total interior livable area: 3,683 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Off Street
    • Garage spaces: 3
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 5000
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R229030
    • Zoning: CM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding, Lap Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Laundry
    • Subdivision: Foster/Powell
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $348/sqft
    • Annual tax amount: $10,760
    • Date on market: 2/28/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 7620
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