OFF MARKET

Off market sep 2022 for $3.3M

—

Est. refi paymentEst. refi $17,422/mo

•

15 ba

•

9,840

sq ft

450 NE Jessup St, Portland, OR 97211

About this home

This close-in, hot NE PDX location features a unique opportunity to invest in 15 new construction units, consisting of 2 bed/1 bath and 1 bed/1 bath apartments of superior quality construction&finishes.Trendy, open concept flrplan showcases hard surface flring,modern kitchen w/slab cntrs,SS apps,&designer tones.Thoughtfully designed both inside&out!100BS&88WS,this Bikers Paradise location puts you in perfect proximity to great parks,shops&transit!

Multi-familyProperty Type

2019Year Built

$335Price/Sq.Ft.

Listed by Darryl Bodle • Keller Williams Realty Portland Premiere

Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Bought with Aya Godschalk • Homebase Real Estate Group

Redfin checked: a minute ago

•Source:RMLS #22118775

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in King, OR

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.2%

0.9% MoM

Median sale price

$510K

$7K MoM

Avg. days on market

15d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

$599,900
3 beds3 baths1,653 sq ft
1054 NE Faloma Rd, Portland, OR 97211
Michele Montoya • MORE Realty
$849,000
3 beds2 baths2,470 sq ft
5027 NE 23rd Ave, Portland, OR 97211
Blake Hall • Urban Nest Realty
$329,000
2 beds2 baths1,361 sq ft
7122 NE M L King Blvd, Portland, OR 97211
Bob Atkinson • Where, Inc
$525,000
4 beds2 baths1,544 sq ft
1506 NE Emerson St, Portland, OR 97211
Jamie McWilliams • Opt
See all

Provided by Redfin

Sale history for 450 NE Jessup St

Tax history for 450 NE Jessup St

*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

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

2018

Style

Other

County

Multnomah County

APN

R136609

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

CM2

Commercial/Mixed Use 2

The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.

Zone overlays

Aircraft Landing Zone
Design Overlay Zone

Permitted uses

Include but are not limited to:

Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space

Property details

Exterior

Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: R136609

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

Building Information
Year Built: 2019
Building Area Total: 9,840

Financial

Tax Information
Tax Year: 2021
Tax Legal Description: CLOVERDALE TR, BLOCK 2, LOT 7
Tax Annual Amount: $31,089.33

Rent Information
Rent Includes: Trash Collection

Lease / Rent Information
CAP Rate: 5.22
Gross Rent Multiplier: 14.54

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Zoned
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 15

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,566
Area: 683
Baths Total: 1
Beds Total: 2
Units Total: 4

Unit Type 2 Information
Actual Rent: $1,254
Area: 537
BathsTotal: 1
Beds Total: 1
Units Total: 11

School Information
Elementary School: MartinL King Jr
Middle Or Junior School: Harriet Tubman
High School: Jefferson
High School 2: Grant

Location Information
Directions: 99E, E on NE Jessup St
Unparsed Address: 450 NE JESSUP ST, Portland, OR 97211

Community Information
Zoning: CM2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,000 square feet
Style: Other
Year Built: 2018
Year Renovated: —
County: Multnomah County
APN: R136609

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

K - 12
Preschool & daycare

Martin Luther King Jr. School

Public PreK-5 • Assigned • 0.4mi

8/10

Harriet Tubman Middle School

Public 6-8 • Assigned • 1.7mi

8/10

Jefferson High School

Public 9-12 • Assigned • 0.6mi

5/10

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, 14 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, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97211

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

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Provided by Shadowmap

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Home values near 450 NE Jessup St

Data from public records.

Address	Redfin Estimate
504 NE Jessup Street, Portland, OR 4 Beds \| 1.5 Baths \| 1704 Sq. Ft.	$635,319
471 NE Church Street, Portland, OR 2 Beds \| 2 Baths \| 820 Sq. Ft.	$322,011

Address	Redfin Estimate
514 NE Jessup Street Unit A, Portland, OR 3 Beds \| 1 Baths \| 1460 Sq. Ft.	$628,782
495 NE Church Street, Portland, OR 2 Beds \| 2 Baths \| 820 Sq. Ft.	$327,543

Address	Redfin Estimate
514 NE Jessup Street, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$424,953
431 NE Church Street, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$437,956

Property information provided by undefined .

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