4 brand new units completely rented with first generation tenants. Currently platted as 4 separate condos but can easily revert back to a 4 plex. Each of the 4 units have 3 bedrooms and 2.5 baths on 2 floors of living space. Over-sized garages. Must see the finishes and craftsmanship. Extensive hardwoods and granite. Enjoy your own private BBQ deck. Less than a block away from a pet and kid-friendly park.
Large lot available in convenient location! This is a bank owned lot, so bring your offers. Buyer to verify all info and perform their own due diligence.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2015
Sq. Ft.
1,384
Year built
2015
Style
Condo/Co-op
County
Multnomah County
APN
R666612
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jun 8, 2015 • Final
Electrical
Install a temporary power post.
Electrical
Jun 8, 2015 • Final
Plumbing
Install a sanitary sewer line on the property.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Garage
Interior
Appliances
Hot Water Description: Gas
Interior Features
Storage: Garage(s)
Basement: Crawl Space
Exterior
Exterior Features
Roof: Composition
Exterior Description: Cement Siding
Lot Information
Lot Features: Level
Parcel Number: R666612
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: No
Building Information
Year Built: 2014
Building Area Total: 5,512
Financial
Tax Information
Tax Legal Description: TOWNHOMES AT LIEBE CONDOMINIUM, LOT 1
Tax Annual Amount: $10,647.60
Rent Information
Rent Includes: Water
Lease / Rent Information
CAP Rate: 8.3
Gross Rent Multiplier: 11.35
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air - 90%
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1
Unit Type 1 Information
Actual Rent: $1,650
Area: 1,378
Baths Total: 3
Beds Total: 3
Features: Dishwasher, Hardwood Floors, Microwave, Range
Units Total: 4
Unit Type 2 Information
Features: Dishwasher, Hardwood Floors, Microwave, Range
School Information
Elementary School: Gilbert Hts
High School: David Douglas
Location Information
Directions: West of 122nd on Liebe
Unparsed Address: 11831 SE Liebe, Portland, OR 97266
Community Information
Zoning: res/cnd
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 1,384
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2015
Year Renovated: 2015
County: Multnomah County
APN: R666612
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
West Powellhurst Elementary School
Public PreK-5 • Assigned • 1.0mi
3/10
Ron Russell Middle School
Public 6-8 • Assigned • 0.6mi
3/10
David Douglas High School
Public 9-12 • Assigned • 2.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97266
Average low and high temperatures (°F)
48
36
50
37
58
43
66
45
71
49
78
53
84
58
85
61
77
56
63
47
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
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