Rare one level Mission style triplex in super hot premium location. Blocks to Williams/Mississippi Ave and all the popular restaurants, boutiques and shopping. Excellent rental income getting $48,540 annually in gross rents. High quality long term tenants prove desirability. Directly across the street from Unthank park. Original details throughout, private basement, garage, and laundry for each unit.
Multi-familyProperty Type
1929Year Built
$214Est. Price/Sq.Ft.
1 garage spacesParking
Listed by William Grippo• Windermere Realty Trust
Contact: 503-497-5249
Bought with Willa Myrman• Weichert, Realtors - Elite
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Earn from this home
Sell
$233,670
Est. take-home
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Refinance
$0
Est. cash available
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Market trends in Central Albina, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
98.1%
4.5% MoM
Median sale price
$437K
$0 MoM
Avg. days on market
120d
49 days MoM
Recently sold homes
4
0 MoM
Provided by Redfin
Sale history for 407 N Shaver St
Date
Event
Price
RMLS #18526499
Oct 25, 2018
Sold
$800,000
$210/sq ft
Sep 26, 2018
Pending
—
Sep 21, 2018
Listed
$759,900
$199/sq ft
Public Records
Mar 28, 2003
Sold
$187,500
$49/sq ft
Public Records
Jul 21, 1993
Sold
$55,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,244 (+3.7%)
2024
$4,091 (+4.0%)
2023
$3,934 (+2.2%)
2022
$3,849 (+1.7%)
2021
$3,784 (+9.0%)
2020
$3,471 (+3.8%)
2019
$3,344 (+3.0%)
2018
$3,246 (+4.3%)
2017
$3,111 (+9.3%)
2016
$2,846 (+2.7%)
2015
$2,772 (+1.5%)
2014
$2,730 (+2.4%)
2013
$2,667 (+10.5%)
2012
$2,413 (+3.9%)
2011
$2,322 (+5.4%)
2010
$2,203 (+2.7%)
2009
$2,146
Tax history for 407 N Shaver St
Year
Property tax
Land + Additions
Assessment*
2025
$4,244 (+3.7%)
2024
$4,091 (+4.0%)
2023
$3,934 (+2.2%)
2022
$3,849 (+1.7%)
2021
$3,784 (+9.0%)
2020
$3,471 (+3.8%)
2019
$3,344 (+3.0%)
2018
$3,246 (+4.3%)
2017
$3,111 (+9.3%)
2016
$2,846 (+2.7%)
2015
$2,772 (+1.5%)
2014
$2,730 (+2.4%)
2013
$2,667 (+10.5%)
2012
$2,413 (+3.9%)
2011
$2,322 (+5.4%)
2010
$2,203 (+2.7%)
2009
$2,146
*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
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1929
Sq. Ft.
1,908
Year built
1929
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R131064
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Nov 6, 2018 • Final
Bes - sewer repair
Replace the existing utility line from the property to the face of the curb with a new pipe according to city standards. The work will involve pipe bursting as noted by the city transportation department.
Plumbing
Oct 18, 2018 • Final
Plumbing
Replace the sanitary sewer line on the property using the pipe bursting method.
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.