SOLD DEC 16, 2025

Off Market Dec 2025 for $1M

—

•

14 ba

•

7,224

sq ft

4921 SW 59th Ave, Portland, OR 97221

About this home

**Must-See Investment Property!** 1-7 Units This fantastic opportunity features 7 units, each taxed individually, and is being sold all together. Currently, 3 units are vacant and ready for a new buyer to either prepare for individual sale or rent as investment units. All units feature fireplaces, 2 bedrooms, 1.5 baths, with balconies off the living areas and upper bedrooms. Each unit is equipped with gas furnaces and includes two storage sheds on the back balconies. W/D hook ups are in each unit in upper bathroom. The property backs up to trees and a neighboring yard, offering some privacy and greenery.There is a large parking area to the side of the building, along with street parking and designated spaces for each unit. The property is situated on a quiet end street, adding to its appeal.Don't miss out on this great investment opportunity!

Multi-familyProperty Type

1981Year Built

$148Price/Sq.Ft.

7 spacesParking

Listed by Tim Benintendi • Affinity Group, Inc.

Bought with Sang Vu • Rarebird Real Estate

Redfin checked: 2 minutes ago

•Source:RMLS #225311212

Redfin Estimate

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

Market trends in Bridlemile, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

+0.0% MoM

Median sale price

$925K

$20K MoM

Avg. days on market

19d

9 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN SUN, 1PM TO 3PM
$990,000
5 beds4 baths2,151 sq ft
5825 SW Sheridan Ct, Portland, OR 97221
Allison Williams • Real Broker
OPEN TODAY, 12PM TO 2PM
$1,150,000
4 beds3 baths3,426 sq ft
4414 SW Eleanor Ln, Portland, OR 97221
Leia Carlton • Portland's Alternative Inc., Realtors
OPEN TODAY, 11AM TO 1PM
$590,000
3 beds2 baths1,680 sq ft
5921 SW 45th Ave, Portland, OR 97221
Nick Shivers • eXp Realty, LLC
OPEN TODAY, 1PM TO 4PM
$945,000
4 beds3 baths3,760 sq ft
5616 SW 42nd Ave, Portland, OR 97221
Jon Cohen • Windermere Realty Trust
OPEN TODAY, 11AM TO 1PM
$1,200,000
4 beds3 baths3,436 sq ft
4102 SW Westdale Dr, Portland, OR 97221
Macey Laurick • Windermere Realty Trust
3D & VIDEO TOUR
$875,000
4 beds4 baths2,308 sq ft
4915 SW Barnes Rd, Portland, OR 97221
Jeremy Johansen • Windermere Realty Trust
REDFIN OPEN TODAY, 2PM TO 4PM
$525,000
4 beds3 baths1,676 sq ft
4535 SW 54th Pl, Portland, OR 97221
Redfin
OPEN TODAY, 2PM TO 4PM
$1,550,000
5 beds4 baths3,939 sq ft
5144 SW Hewett Blvd, Portland, OR 97221
Amy Toyoshima • Toyoshima Realty
VIDEO TOUR
$1,575,000
4 beds4 baths4,239 sq ft
4411 SW 63rd Ave, Portland, OR 97221
Kevin Hall • Cascade Hasson Sotheby's International Realty
$769,000
4 beds3 baths1,866 sq ft
5535 SW 53rd Ave, Portland, OR 97221
Wesley Larson • All Professionals Real Estate
See all

Provided by Redfin

Sale history for 4921 SW 59th Ave

Tax history for 4921 SW 59th Ave

*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

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Multnomah County

APN

R269300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

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

Environmental Protection Overlay zone
Environmental Conservation Overlay 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: Assigned, Driveway
Parking Total: 7

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Attached

Exterior

Exterior Features
Roof: Shingle
Exterior Description: Aluminum, Vinyl Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Cul-de-sac, Trees
Parcel Number: R269301
Road Surface Type: Paved

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

Building Information
Year Built: 1981
Building Area Total: 7,224
Foundation Details: Slab

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: SHANNON COURT CONDOMINIUMS, LOT 1
Tax Annual Amount: $19,243

Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 2.0
Gross Rent Multiplier: 27.53

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas, Wood Burning
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Floor Furnace
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 7

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Area: 1,032
Baths Total: 2
Beds Total: 2
Features: Deck, Fireplace, Refrigerator, Washer/Dryer Hookup
Units Total: 4

Unit Type 2 Information
Actual Rent: $1,000
Area: 1,032
BathsTotal: 2
Beds Total: 2
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,500
Area: 1,032
Baths Total: 2
Beds Total: 2
Units Total: 2

School Information
Elementary School: Bridlemile
Middle Or Junior School: Robert Gray
High School: Ida B Wells

Location Information
Directions: Beaverton Hillsdale, head E to 59th ave, take a left, building on the left side
Unparsed Address: 4921 SW 59TH AVE, Portland, OR 97221

Community Information
Zoning: R2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R269300

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Bridlemile Elementary School

Public K-5 • Assigned • 0.7mi

10/10

Gray Middle School

Public 6-8 • Assigned • 1.8mi

8/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 2.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance 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, 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 • 97221

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 9.6 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 97221

OPEN SUN, 1PM TO 3PM

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5825 SW Sheridan Ct, Portland, OR 97221

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OPEN TODAY, 12PM TO 2PM

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OPEN TODAY, 11AM TO 1PM

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Macey Laurick • Windermere Realty Trust

3D & VIDEO TOUR

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Jeremy Johansen • Windermere Realty Trust

REDFIN OPEN TODAY, 2PM TO 4PM

$525,000

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4535 SW 54th Pl, Portland, OR 97221

Redfin

OPEN TODAY, 2PM TO 4PM

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Amy Toyoshima • Toyoshima Realty

VIDEO TOUR

$1,575,000

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Kevin Hall • Cascade Hasson Sotheby's International Realty

Home values near 4921 SW 59th Ave

Data from public records.

Address	Redfin Estimate
4921 SW 59th Avenue Unit 7, Portland, OR 2 Beds \| 2 Baths \| 1032 Sq. Ft.	—
4921 SW 59th Avenue Unit 4, Portland, OR 2 Beds \| 1.5 Baths \| 1032 Sq. Ft.	$211,560

Address	Redfin Estimate
4921 SW 59th Avenue Unit 6, Portland, OR 2 Beds \| 2 Baths \| 1032 Sq. Ft.	$289,334
4921 SW 59th Avenue Unit 3, Portland, OR 2 Beds \| 1.5 Baths \| 1032 Sq. Ft.	$211,231

Address	Redfin Estimate
4921 SW 59th Avenue Unit 5, Portland, OR 2 Beds \| 1.5 Baths \| 1032 Sq. Ft.	$252,918
4921 SW 59th Avenue Unit 2, Portland, OR 2 Beds \| 1.5 Baths \| 1032 Sq. Ft.	$252,917

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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