5042 NE FREMONT ST Portland, OR $ 3,150,000
5042 NE FREMONT ST
$ 3,150,000
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5042 NE FREMONT ST

Portland, OR, 97213
$ 3,150,000
Bedrooms1 Baths1.0 Sq 5,653

Monthly Estimate*

$ 19,889

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Multi-Family Home for sale in Portland, OR

for $3,150,000 with 1 bedroom and 1 full bath. This 5,653 square foot home was built in 2023 on a lot size of 0.09.

Well-located mixed-use investment property features 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite along NE Fremont Street in Portland’s desirable Beaumont Village neighborhood.Efficient walk-up configuration, minimizing interior common areas and helping reduce ongoing maintenance and operating requirements. Low-maintenance asset built in 2023 with limited near-term capital needs in a desirable Northeast Portland location with favorable long-term fundamentals.A gated entry provides access to the units via an exterior staircase and open-air corridors, minimizing interior common areas and related cleaning and maintenance expenses.

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 25,360

Style

Lot Size

0.09

Year Built

2023

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

477860916

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling Other
Roof Metal
Zoning CM1
Garage Spaces 0
Security Features FireSprinklerSystem SecurityGate Sidewalk
Year Built 2023
Stories Count 3
Tax Year 2025
Parcel Number R260890
Gross Income 234112.0
County Multnomah
Net Operating Income 161911.0
Operating Expense 72201.0
Property Type MultiFamily
HOA N
Subdivision Name ROSE CITY PARK
Rent Includes None
Status Active
Directions NE Fremont between NE 50th Ave & NE 51st Ave
High School Grant
City Portland
Number Of Units Total 10
MLS Area _142
Lot Size Square Feet 3920.0
Listing Terms CallListingAgent Cash Conventional OwnerWillCarry
Elementary School Alameda
Tax Annual Amount 25360.01
Middle/Junior High School Beaumont
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ROSE CITY PK BLOCK 153 W 50' OF LOT 1
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Interior
Basement None
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit Type UnitTypeType1
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Exterior
Parking Features None
Lot Features OnBusline
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding
Building Area Total 5653.0
Lot Dimensions 50 x 77
Lot Size Acres 0.09
Road Surface Type Paved
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Internal Only
Street Number 1 5042
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* Excluded Features
List By
Knipe Realty Era Powered

Broker

503-201-8537

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Affordability Calculator

$22,003
Per Month
90%
10%
0%
Monthly Principal & Interest
$19,889
Monthly Property Taxes
$2,113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950249 Elementary School
1951212 Middle School
Grant High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$3,150,000 Listed Price

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5042 NE FREMONT ST, Portland, OR, 97213 is a Multi-Family Home for sale at $3,150,000 with 5,653 sqft and a lot size of 0.09. 5042 NE FREMONT ST has 1 bedrooms, 1.0 baths, and was built in 2023. The property's zip code is 97213 which is in Portland, OR