1525 SE 49TH AVE Portland, OR $ 1,175,000
1525 SE 49TH AVE
$ 1,175,000
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1525 SE 49TH AVE

Portland, OR, 97215
$ 1,175,000
Bedrooms7 Baths5.0 Sq 3,538

Monthly Estimate*

$ 7,330

1525 SE 49TH AVE, Portland, OR 97215 - Image 1
1525 SE 49TH AVE, Portland, OR 97215 - Image 2
1525 SE 49TH AVE, Portland, OR 97215 - Image 3
1525 SE 49TH AVE, Portland, OR 97215 - Image 4
1525 SE 49TH AVE, Portland, OR 97215 - Image 5

Multi-Family Home for sale in Portland, OR

for $1,175,000 with 7 bedrooms and 5 full baths. This 3,538 square foot home was built in 1970 on a lot size of 0.17.

Inner SE, fully-leased 5-plex performs well with very little vacancy. Recent upgrades include a new roof in 2024, new windows in 2025, and new landscaping/fence in 2025. Minor upgrades in units as well. Future development potential to add another building on the lot (buyer to do due diligence). Professionally managed with all tenants current. Each unit comes with one off street parking spot. Easy access to public transit and all types of food/restaurants/coffee/grocery. Bike score 100. On-site laundry room also has locking storage closet for each unit. 1525-1533 SE 49th Ave, Portland, OR 97215

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,129

Style

Lot Size

0.17

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

666861958

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Flat
Zoning CM2
Garage Spaces 0
Year Built 1970
Stories Count 2
Tax Year 2025
Parcel Number R176661
Gross Income 92100.0
Community Features Laundry
County Multnomah
Net Operating Income 68579.0
Operating Expense 23519.0
Property Type MultiFamily
HOA N
Subdivision Name RICHMOND
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Hawthorn East to 49th South
High School Franklin
City Portland
Number Of Units Total 5
MLS Area _143
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional
Elementary School Glencoe
Tax Annual Amount 11129.86
Middle/Junior High School Mt Tabor
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HAWTHORNE AVE ADD BLOCK 9 LOT 7-10 TL 12200
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Exterior
Parking Features Assigned OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 5.0
Exterior Description WoodSiding
Building Area Total 3538.0
Lot Size Acres 0.17
Road Surface Type Paved
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Internal Only
Street Number 1 1525
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* Excluded Features
List By
Homebase Real Estate Group

Broker

aya@homebasepdx.com

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Affordability Calculator

$8,258
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,330
Monthly Property Taxes
$927
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,175,000 -6.00% Price Down
11/2/2025$1,250,000 Listed Price

Map


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1525 SE 49TH AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $1,175,000 with 3,538 sqft and a lot size of 0.17. 1525 SE 49TH AVE has 7 bedrooms, 5.0 baths, and was built in 1970. The property's zip code is 97215 which is in Portland, OR