Beautiful high end construction of modern 5 unit apartment complex from quality local builder with 1bed, 2bed & 4bed units. All units fully leased. Dream rental area. 94 walk score, 92 bike score. Featuring open floor plans, tall ceilings, SS appliances, quartz counters, soft close, W/D in units, sky lights, private fenced yards/decks for each unit and more! Situated in an excellent location, blocks to eateries, shopping, theater, max line, parks & schools. Listing broker is one of the owners.
2021Year Built
4,500 sq ftLot Size
$353Price/Sq.Ft.
Listed by Bill Henderson• Oregon First
Bought with Annie Rose Shapero• Portlandia Properties, LLC
Source:RMLS #21281507
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
Beautiful high end construction of modern 5 unit apartment complex from quality local builder with 1bed, 2bed & 4bed units. All units fully leased. Dream rental area. 94 walk score, 92 bike score. Featuring open floor plans, tall ceilings, SS appliances, quartz counters, soft close, W/D in units, sky lights, private fenced yards/decks for each unit and more! Situated in an excellent location, blocks to eateries, shopping, theater, max line, parks & schools. Listing broker is one of the owners.
Public Records
Aug 20, 2019
Sold
$330,000
$198/sq ft
Public Records
May 31, 2016
Sold
$300,000
$180/sq ft
Public Records
Jul 13, 2007
Sold
$235,000
$141/sq ft
Public Records
Dec 30, 1993
Sold
$246,246
$148/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,516 (+3.7%)
2024
$16,887 (+4.0%)
2023
$16,238 (+2.2%)
2022
$15,886 (+669.2%)
2021
$2,065 (+9.0%)
2020
$1,895 (+3.8%)
2019
$1,825 (+3.0%)
2018
$1,771 (−40.5%)
2017
$2,977 (+9.3%)
2016
$2,724 (+2.7%)
2015
$2,652 (+1.5%)
2014
$2,613 (+2.4%)
2013
$2,552 (+10.5%)
2012
$2,309 (+3.9%)
2011
$2,222 (+5.4%)
2010
$2,108 (+2.7%)
2009
$2,053
Tax history for 2015 NE 47th Ave
Year
Property tax
Land + Additions
Assessment*
2025
$17,516 (+3.7%)
2024
$16,887 (+4.0%)
2023
$16,238 (+2.2%)
2022
$15,886 (+669.2%)
2021
$2,065 (+9.0%)
2020
$1,895 (+3.8%)
2019
$1,825 (+3.0%)
2018
$1,771 (−40.5%)
2017
$2,977 (+9.3%)
2016
$2,724 (+2.7%)
2015
$2,652 (+1.5%)
2014
$2,613 (+2.4%)
2013
$2,552 (+10.5%)
2012
$2,309 (+3.9%)
2011
$2,222 (+5.4%)
2010
$2,108 (+2.7%)
2009
$2,053
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Aug 8, 2025 • Final
Housing
Demolition
Plumbing
Dec 6, 2021 • Final
Commercial building
New construction
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
Interior
Basement Information
Basement Type: Unfinished
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Gravity
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Brick Chimney
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Building Style Type: Bungalow
Exterior Wall: Asbestos
Building Type: Single Family
Property Information
Subdivision Name: ROSE CITY PARK
Living Sq. Ft: 1,664
Ground Floor Sq. Ft: 1,000
Building Sq. Ft: 1,664
# of Stories: 1
Legal Description: ROSE CITY PK, BLOCK 42, LOT 4 EXC PT IN ST
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,500
Legal Lot Number: 4
Legal Block Number: 42
Acres: 0.1
Depth Footage: 97
Front Footage: 50
Zoning Code: R1
State Use Description: MULTI-FAM,MULTI-FAM,IMPROVED
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,664
Stories: 1.0
Lot Size: 4,500 square feet
Style: Other
Year Built: 2021
Year Renovated: —
County: Multnomah County
APN: R259488
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Beverly Cleary School
Public K-8 • Assigned • 0.8mi
10/10
Grant High School
Public 9-12 • Assigned • 0.6mi
9/10
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 91° 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
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97213
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Sun exposure
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