OFF MARKET

Off market aug 2022 for $460K

$533,956

•

4 ba

•

—

sq ft

16223 NE Fargo St, Portland, OR 97230

About this home

Investment opportunity knocks! Turn key duplex. One long term renter with steady income. Other side is vacant. Rent it out or occupy it! Both units with Mini Splits and washer/dryer hookups. Living rooms with woodburning fireplaces. Both units with new carpet July 2022. Garages and fully fenced backyards. Won't last long. Start you investment portfolio now! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10170050]

Multi-familyProperty Type

1979Year Built

1 car garageParking

Listed by Mia McCormick • MORE Realty

Contact: 503-875-7229

Bought with John Kieper • Residential Realty Northwest

Redfin checked: 4 minutes ago

•Source:RMLS #22513025

Redfin Estimate

$533,956

$74K since sold in August 2022$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.5% lower than the average sale price ($617K) of 6 comparable homes.

SOLD SEP 25, 2026
$615,000
A
4 beds3 baths2,308 sq ft
16625 NE San Rafael Dr, Portland, OR 97230
SOLD JUL 31, 2026
$637,500
B
4 beds3 baths2,480 sq ft
16346 NE Tillamook St, Portland, OR 97230
SOLD SEP 28, 2026
$650,000
C
5 beds4 baths2,614 sq ft
2014 NE 164th Pl, Portland, OR 97230
SOLD AUG 6, 2026
$737,200
D
4 beds3 baths2,767 sq ft
16428 NE San Rafael Dr, Portland, OR 97230
SOLD SEP 4, 2026
$455,000
E
3 beds2 baths1,624 sq ft
2332 NE 158th Ave, Portland, OR 97230
SOLD JUN 12, 2026
$608,000
F
3 beds3 baths2,120 sq ft
2104 NE 165th Dr, Portland, OR 97230

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Earn from this home

Sell

$162,222

Est. take-home

List your home with Redfin and save $5,340

Market trends in Wilkes, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.6%

+0.1% MoM

Median sale price

$455K

$482 MoM

Avg. days on market

25d

2 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 5 HRS AGO
$437,000
3 beds2 baths1,440 sq ft
102 NE 156th Ave, Portland, OR 97230
Leslie Newberry • John L. Scott Portland Central
$595,000
4 beds3 baths2,520 sq ft
3416 NE 126th Ave, Portland, OR 97230
Amit Amshalom • The A Realty LLC
$399,000
2 beds2 baths1,315 sq ft
2362 NE 149th Ave, Portland, OR 97230
Jeff Walker • RE/MAX Equity Group
$529,900
4 beds3 baths2,134 sq ft
3638 NE 150th Ave, Portland, OR 97230
Glenn Matz PC • Keller Williams PDX Central
3D WALKTHROUGH
$549,900
4 beds2 baths1,677 sq ft
25 NE 192nd Ave, Portland, OR 97230
Sunny Hildebrand • Hildebrand Realty
$675,000
4 beds3 baths2,733 sq ft
16443 NE Tillamook St, Portland, OR 97230
Lisa Owens • Corcoran Prime
$295,000
2 beds2 baths1,128 sq ft
14803 NE Sacramento St #83, Portland, OR 97230
Jules Williamson • Realty One Group Prestige
$349,900
2 beds1 bath792 sq ft
12914 NE Halsey St, Portland, OR 97230
Dmitri Galkovski • Pristine Realty LLC
$385,000
3 beds1 bath1,726 sq ft
345 NE 199th Ave, Portland, OR 97230
Nate Lampert • Works Real Estate
3D WALKTHROUGH
$445,000
3 beds2 baths1,559 sq ft
12904 NE Wasco St, Portland, OR 97230
Sarah Moon • Lark and Fir Realty LLC
See all

Provided by Redfin

Sale history for 16223 NE Fargo St

Date

Event

Price

RMLS #22513025

Aug 31, 2022

Sold

$460,000

Aug 11, 2022

Pending

—

Jul 28, 2022

Listed

$475,000

RMLS #19472091

Dec 18, 2019

Sold

$385,000

Nov 18, 2019

Pending

—

Nov 3, 2019

Price Changed

$384,978

Nov 2, 2019

Relisted

—

Oct 20, 2019

Pending

—

Oct 15, 2019

Delisted

—

Oct 10, 2019

Listed

$389,000

Back on the market at no fault of the Seller. Solid income producing duplex w/2 Bed/1.1 Bath, attached 1 car garage, w/d hookups, newly refinished decks w/fenced yard. Unit 223 updated and new roof 2014. Unit 225 updated: new kitchen cabinets, updated appliances, new carpet & fresh paint throughout, half bath w/new cabinets & granite countertops Nicely located on cul-de-sac. Immediately ready for owner occ w/longterm renter.

RMLS #15053353

Aug 19, 2015

Sold

$242,000

Jun 18, 2015

Pending

—

May 28, 2015

Listed

$248,000

RMLS #15556025

Aug 19, 2015

Sold

$242,000

Jun 18, 2015

Pending

—

May 28, 2015

Listed

$248,000

Cozy duplex with new roof in 2015, attached garages, wood burning fireplaces, a 1/2 bath on the main level, fenced back yards, and back decks. The spacious garages have washer/dryer hookups and room for storage. 16223 has new carpet, paint, and new front door. This would be perfect for first time home buyers, live in one side, rent the other one out and have your renters pay most of your mortgage. Great value!

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R180654

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 16, 2024.

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.

Zone overlays

Portland International Airport Noise Impact Overlay Zone
Environmental Conservation Overlay Zone
Environmental Protection Overlay zone
Aircraft Landing Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Attached, Garage

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Garage(s)
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,309
Area: 952
Baths Total: 2
Beds Total: 2
Features: Air Conditioning, Dishwasher, Range, Refrigerator
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,450
Area: 952
BathsTotal: 2
Beds Total: 2
Features: Air Conditioning, Dishwasher, Range, Refrigerator
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: T-111 Siding

Waterfront Information
Waterfront YN: Yes
Waterfront Features: Creek

Lot Information
Lot Size Range: 10,000 to 14,999 SqFt
Lot Size: 10,000 to 14,999 SqFt
Lot Features: Gentle Sloping, Trees
Parcel Number: R180654

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: No

Building Information
Year Built: 1979

Financial

Tax Information
Tax Year: 2021
Tax Legal Description: HIGHWOOD, BLOCK 1, LOT 2 INC UND 1/5 INT TRACT A
Tax Annual Amount: $5,256.66

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.19
Gross Rent Multiplier: 14.34

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Cooling: Other

Location

School Information
Elementary School: Margaret Scott
Middle Or Junior School: Other
High School: Reynolds

Location Information
Directions: Halsey, north on 162nd, right on Fargo, immediate left into cul de sac
Unparsed Address: 16223 NE FARGO ST, Portland, OR 97230

Community Information
Zoning: R3

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R180654

Home facts updated by county records on Aug 16, 2024

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Wilkes Elementary School

Public K-5 • Assigned • 0.5mi

6/10

Hauton B Lee Middle School

Public 6-8 • Assigned • 1.1mi

2/10

Reynolds High School

Public 9-12 • Assigned • 4.7mi

1/10

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 • 97230

Average low and high temperatures (°F)

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

Provided by Shadowmap

Estimated sale price

$508,000 – $615,000

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Shea Steel • RE/MAX Equity Group

New listings for sale in 97230

NEW 5 HRS AGO

$437,000

3 beds2 baths1,440 sq ft

102 NE 156th Ave, Portland, OR 97230

Leslie Newberry • John L. Scott Portland Central

$595,000

4 beds3 baths2,520 sq ft

3416 NE 126th Ave, Portland, OR 97230

Amit Amshalom • The A Realty LLC

$399,000

2 beds2 baths1,315 sq ft

2362 NE 149th Ave, Portland, OR 97230

Jeff Walker • RE/MAX Equity Group

$529,900

4 beds3 baths2,134 sq ft

3638 NE 150th Ave, Portland, OR 97230

Glenn Matz PC • Keller Williams PDX Central

3D WALKTHROUGH

$549,900

4 beds2 baths1,677 sq ft

25 NE 192nd Ave, Portland, OR 97230

Sunny Hildebrand • Hildebrand Realty

$675,000

4 beds3 baths2,733 sq ft

16443 NE Tillamook St, Portland, OR 97230

Lisa Owens • Corcoran Prime

$295,000

2 beds2 baths1,128 sq ft

14803 NE Sacramento St #83, Portland, OR 97230

Jules Williamson • Realty One Group Prestige

$349,900

2 beds1 bath792 sq ft

12914 NE Halsey St, Portland, OR 97230

Dmitri Galkovski • Pristine Realty LLC

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345 NE 199th Ave, Portland, OR 97230

Nate Lampert • Works Real Estate

Home values near 16223 NE Fargo St

Data from public records.

Address	Redfin Estimate
16213 Northeast Fargo St, Portland, OR 4 Beds \| 4 Baths \| 2344 Sq. Ft.	$486,855
16308 Northeast Fargo St, Portland, OR 3 Beds \| 2 Baths \| 1649 Sq. Ft.	$456,428

Address	Redfin Estimate
16237 Northeast Fargo St, Portland, OR 4 Beds \| 2.5 Baths \| 1862 Sq. Ft.	$514,973
16255 Northeast Fargo St, Portland, OR 4 Beds \| 3 Baths \| 1904 Sq. Ft.	$536,650

Address	Redfin Estimate
16311 Northeast Fargo St, Portland, OR 3 Beds \| 2.5 Baths \| 2400 Sq. Ft.	$541,613
16243 Northeast Fargo St, Portland, OR 4 Beds \| 2.5 Baths \| 1862 Sq. Ft.	$463,920

Property information provided by RMLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Wilkes, OR

Sale history for 16223 NE Fargo St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97230

Home values near 16223 NE Fargo St

More real estate resources