This home's estimate is 12.7% lower than the average sale price ($623K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate
4510 NE Portland Hwy, Portland, OR 97218
About this home
Close in desirable 1 level units, solid investment or live in one and have tenants make your payment. Great price for fairly close-in units but needs cosmetics/updates. Fully rented mo-mo at $725/unit, which is low. Owner pays water/sewer/trash. Good floor plans, W&D hookups, back patios & little storage units, off st parking & a 7600sqft lot. Please do not disturb tenants.

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Market trends in Cully, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN TODAY, 11AM TO 1PM
- 3D WALKTHROUGH$450,0003 beds2 baths1,600 sq ft5005 NE 62nd Ave, Portland, OR 97218Allison Grice • KJK Properties PC
- 3D WALKTHROUGH$419,9002 beds1 bath864 sq ft5616 NE 50th Ave, Portland, OR 97218Kristine Orlandi • Works Real Estate
- $399,9993 beds2 baths1,691 sq ft7131 NE Roselawn St, Portland, OR 97218Gregg LeBlanc • Realty One Group Nexus
- 3D WALKTHROUGH$615,0004 beds4 baths2,320 sq ft4300 NE Lombard St, Portland, OR 97218Stephanie Fox • Neighbors Realty
See all
Provided by Redfin
Sale history for 4510 NE Portland Hwy
$111/sq ft
$113/sq ft
$64/sq ft
$52/sq ft
$72/sq ft
$36/sq ft
Tax history for 4510 NE Portland Hwy
*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
RM1
H
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.- Aircraft Landing Zone
Include but are not limited to:
- Housing
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
Property details
Parking
- Parking Information
- Parking Features: Open, Paved
- Parking Total: 6
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Individual Storage Units
- Basement: Crawl Space
- Multi Unit Information
- # Of Units Total: 3
- Unit Information
- Unit Type: 1
- Unit Type 1 Information
- Actual Rent: $725
- Area: 784
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
- Units Total: 3
- Unit Type 2 Information
- Features: Storage, Window Coverings
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: T-111 Siding, Wood Siding
- Lot Information
- Lot Size Range: 7,000 to 9,999 SqFt
- Lot Size: 7,000 to 9,999 SqFt
- Lot Features: Level
- Parcel Number: R284215
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- Security Features: Security Lights
- View YN: No
- Building Information
- Year Built: 1976
- Building Area Total: 2,352
Financial
- Tax Information
- Tax Legal Description: TERESI TR, LOT 5 EXC W 69.5' & EXC S 5'
- Tax Annual Amount: $3,887.63
- Rent Information
- Rent Includes: Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 7.03
- Gross Rent Multiplier: 10.15
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard
- Cooling YN: No
Location
- School Information
- Elementary School: Rigler
- Middle Or Junior School: Beaumont
- High School: Madison
- Location Information
- Directions: Portland Hwy (Lombard) South side, just E of 45th. No sign on property
- Unparsed Address: 4510 NE PORTLAND HWY, Portland, OR 97218
- Community Information
- Zoning: R2h
Public facts
- Beds: 6
- Baths: 3.0
- Sq. Ft.: 2,352
- Stories: 1.0
- Lot Size: 7,600 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1976
- Year Renovated: 1976
- County: Multnomah County
- APN: R284215
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 1.0mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 2.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
20 unhealthy days expected this year, 21 days in 30 years
Sun exposure
In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
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Home values near 4510 NE Portland Hwy
| Address | Redfin Estimate |
|---|---|
16 Beds | 10.5 Baths | 8168 Sq. Ft. | — |
2 Beds | 1 Baths | 784 Sq. Ft. | $764,201 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1282 Sq. Ft. | $597,222 |
2 Beds | 1 Baths | 960 Sq. Ft. | $415,692 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1282 Sq. Ft. | $338,376 |
18 Beds | 6 Baths | 5700 Sq. Ft. | — |
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