4921 SW 59TH AVE Portland, OR $ 1,470,000
4921 SW 59TH AVE
$ 1,470,000
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4921 SW 59TH AVE

Portland, OR, 97221
$ 1,470,000
Bedrooms6 Baths6.0 Sq 7,224

Monthly Estimate*

$ 9,171

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Multi-Family Home for sale in Portland, OR

for $1,470,000 with 6 bedrooms and 6 full baths. This 7,224 square foot home was built in 1981.

**Must-See Investment Property!** 1-7 Units This fantastic opportunity features 7 units, each taxed individually, and is being sold all together. Currently, 3 units are vacant and ready for a new buyer to either prepare for individual sale or rent as investment units. All units feature fireplaces, 2 bedrooms, 1.5 baths, with balconies off the living areas and upper bedrooms. Each unit is equipped with gas furnaces and includes two storage sheds on the back balconies. W/D hook ups are in each unit in upper bathroom. The property backs up to trees and a neighboring yard, offering some privacy and greenery.There is a large parking area to the side of the building, along with street parking and designated spaces for each unit. The property is situated on a quiet end street, adding to its appeal.Don't miss out on this great investment opportunity!

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Multi-Family Pending

Price

$ 1,470,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 19,243

Style

Year Built

1981

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

225311212

Features
General
Sewer PublicSewer
Heating FloorFurnace
Cooling None
Roof Shingle
Zoning R2
Year Built 1981
Stories Count 2
Tax Year 2025
Parcel Number R269301
Gross Income 53400.0
County Multnomah
Net Operating Income 29400.0
Operating Expense 24000.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Pending
Directions Beaverton Hillsdale head E to 59th ave take a left building on the left side
High School Ida B Wells
City Portland
Number Of Units Total 7
MLS Area _148
Listing Terms Cash Conventional
Elementary School Bridlemile
Tax Annual Amount 19243.0
Middle/Junior High School Robert Gray
Property Condition Converted
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description SHANNON COURT CONDOMINIUMS LOT 1
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Interior
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned Driveway
Lot Features Cul_de_sac Trees
Water Source PublicWater
Total Parking 7.0
Exterior Description Aluminum VinylSiding
Foundation Details Slab
Building Area Total 7224.0
Road Surface Type Paved
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Internal Only
Street Number 1 4921
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* Excluded Features
List By
Affinity Group, Inc.

Broker

AffinityGroupOregon@yahoo.com

Email

Affordability Calculator

$10,774
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,171
Monthly Property Taxes
$1,604
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
3254081 Elementary School
3254083 Middle School
Ida B Wells High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$1,470,000 Listed Price

Map


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4921 SW 59TH AVE, Portland, OR, 97221 is a Multi-Family Home for sale at $1,470,000 with 7,224 sqft. 4921 SW 59TH AVE has 6 bedrooms, 6.0 baths, and was built in 1981. The property's zip code is 97221 which is in Portland, OR