506 508 NE Monroe St, Portland, OR 97212

Off market may 2024 for $294K

$478,366

•

2 ba

•

2,339

sq ft

506 508 NE Monroe St, Portland, OR 97212

About this home

AUCTION REO- REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" CASH only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. This affordable duplex offers the option for as an income property; or convert and make this your own. Home features a total of 5 bedrooms, 2 baths, front porch, patio; and sits on a fenced yard. Property is sold as-is with no property disclosure or interior photos. Buyer must complete any due diligence before placing an offer.

Multi-familyProperty Type

1909Year Built

$205Est. Price/Sq.Ft.

Listed by Andrea Butcher • REALHome Services & Solutions, Inc

Bought with Adriana Murillo • Keller Williams Sunset Corridor

Redfin checked: a minute ago

•Source:RMLS #23581430

Redfin Estimate

$478,366

$184K since sold in May 2024$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.6% lower than the average sale price ($805K) of 6 comparable homes.

SOLD SEP 25, 2026
$734,500
A
4 beds3 baths2,270 sq ft
132 NE Cook St, Portland, OR 97212
SOLD JUL 31, 2026
$600,000
B
3 beds2 baths2,251 sq ft
3027 NE 11th Ave, Portland, OR 97212
SOLD JUN 25, 2026
$850,000
C
4 beds2 baths2,250 sq ft
1332 NE Fremont St, Portland, OR 97212
SOLD JUL 15, 2026
$1,020,000
D
4 beds2 baths3,610 sq ft
50 NE Fargo St, Portland, OR 97212
SOLD FEB 12, 2026
$650,000
E
4 beds2 baths2,580 sq ft
318 N Fremont St, Portland, OR 97227
SOLD SEP 21, 2026
$975,815
F
6 beds3 baths3,340 sq ft
533 NE Fargo St, Portland, OR 97212

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Earn from this home

Sell

$223,823

Est. take-home

List your home with Redfin and save $4,784

Market trends in Eliot, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

+0.7% MoM

Median sale price

$511K

$31K MoM

Avg. days on market

14d

1 days MoM

Recently sold homes

3 MoM

New listings for sale

OPEN SUN, 1PM TO 3PM
$649,900
3 beds1 bath2,063 sq ft
3329 NE Tillamook St, Portland, OR 97212
Steve Odermann • LUXE Forbes Global Properties
OPEN SUN, 1PM TO 3PM
$639,900
3 beds3 baths2,508 sq ft
3808 NE 7th Ave, Portland, OR 97212
Susan Carter • Keller Williams PDX Central
OPEN SAT, 2PM TO 4PM
$1,499,000
5 beds3 baths4,135 sq ft
3230 NE US Grant Pl, Portland, OR 97212
Andrew Pienovi • Christie's International Real Estate Evergreen
OPEN SUN, 10AM TO 1PM
$1,195,000
5 beds4 baths4,078 sq ft
3610 NE Knott St, Portland, OR 97212
Lee McKnight • Cascade Hasson Sotheby's International Realty
$995,000
4 beds4 baths— sq ft
16 Graham, Portland, OR 97212
Parvaneh Kalantari • Vitality Home Realty
OPEN SUN, 11AM TO 1PM
$618,000
4 beds3 baths2,059 sq ft
4006 NE 7th Ave, Portland, OR 97212
Jonathan Minerick • homecoin.com
VIDEO TOUR
$1,175,000
3 beds3 baths3,282 sq ft
2508 NE Tillamook St, Portland, OR 97212
Joe Dressman • Think Real Estate
3D WALKTHROUGH
$1,585,000
5 beds5 baths3,393 sq ft
2746 NE 25th Ave, Portland, OR 97212
Maria Fitzgerald • Windermere Realty Trust
OPEN SUN, 10AM TO 2PM
$1,185,000
5 beds2 baths3,007 sq ft
2307 NE 42nd Ave, Portland, OR 97213
Jacqueline Haddon • Where, Inc
OPEN SAT, 2PM TO 4PM
$849,000
4 beds3 baths2,907 sq ft
3745 NE Mallory Ave, Portland, OR 97212
Robin Springer • Windermere Realty Trust
See all

Provided by Redfin

Sale history for 506 508 NE Monroe St

* Price is not available or MLS listing is off market.

Tax history for 506 508 NE Monroe 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

6,275 Sq. Ft.

Year renovated

1909

Sq. Ft.

2,339

Year built

1909

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R102033

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.

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: None

Interior

Interior Features
Basement: Full Basement

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Area: 1,200
Baths Total: 1
Beds Total: 3
Units Total: 1

Unit Type 2 Information
Area: 1,139
BathsTotal: 1
Beds Total: 2
Units Total: 1

Exterior

Exterior Features
Roof: Shingle
Exterior Description: Other, Vinyl Siding

Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: R102033

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

Building Information
Year Built: 1909
Building Area Total: 2,339

Financial

Tax Information
Tax Year: 2022
Tax Legal Description: ALBINA, BLOCK 11, LOT 25
Tax Annual Amount: $1,909.24

Utilities

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

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Boise-Eliot
Middle Or Junior School: Beaumont
High School: Grant

Location Information
Directions: from Head north on NE 7th Ave toward NE Siskiyou St Turn left onto NE Monroe St
Unparsed Address: 506 508 NE MONROE ST, Portland, OR 97212

Community Information
Zoning: residen

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,339
Stories: 2.0
Lot Size: 6,275 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1909
Year Renovated: 1909
County: Multnomah County
APN: R102033

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: Auction

Auction Information
Auction Type: Subject to Seller Confirm
Auction Terms Url YN: Yes
Auction Terms Url: www.hubzu.com
Auction Registration: yes
Auction Registration Url YN: No
Auction Start Date: 2023-09-21T12:00:00-07:00
Auction End Date: 2025-04-03T00:00:00-07:00
Auction Location: online

Around this home

Schools

Boise-Eliot Elementary School

Public PreK-5 • Assigned • 0.6mi

7/10

Harriet Tubman Middle School

Public 6-8 • Assigned • 0.6mi

8/10

Jefferson High School

Public 9-12 • Assigned • 1.3mi

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 • 97212

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

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$455,000 – $551,000

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New listings for sale in 97212

OPEN SUN, 1PM TO 3PMVIDEO TOUR

$649,900

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OPEN SUN, 1PM TO 3PM

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OPEN SAT, 2PM TO 4PM

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Andrew Pienovi • Christie's International Real Estate Evergreen

OPEN SUN, 10AM TO 1PM3D WALKTHROUGH

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5 beds4 baths4,078 sq ft

3610 NE Knott St, Portland, OR 97212

Lee McKnight • Cascade Hasson Sotheby's International Realty

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Parvaneh Kalantari • Vitality Home Realty

OPEN SUN, 11AM TO 1PM

$618,000

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Jonathan Minerick • homecoin.com

VIDEO TOUR

$1,175,000

3 beds3 baths3,282 sq ft

2508 NE Tillamook St, Portland, OR 97212

Joe Dressman • Think Real Estate

3D WALKTHROUGH

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5 beds5 baths3,393 sq ft

2746 NE 25th Ave, Portland, OR 97212

Maria Fitzgerald • Windermere Realty Trust

OPEN SUN, 10AM TO 2PM

$1,185,000

5 beds2 baths3,007 sq ft

2307 NE 42nd Ave, Portland, OR 97213

Jacqueline Haddon • Where, Inc

Home values near 506 508 NE Monroe St

Data from public records.

Address	Redfin Estimate
535 NE Monroe Street, Portland, OR 4 Beds \| 2 Baths \| 2695 Sq. Ft.	$772,400
501 NE Monroe Street, Portland, OR 3 Beds \| 3 Baths \| 1513 Sq. Ft.	$606,525

Address	Redfin Estimate
427 NE Monroe Street, Portland, OR 3 Beds \| 2.5 Baths \| 2036 Sq. Ft.	$681,674
547 NE Monroe Street, Portland, OR 6 Beds \| 3 Baths \| 2500 Sq. Ft.	$741,274

Address	Redfin Estimate
505 NE Monroe Street, Portland, OR - Beds \| 2.5 Baths \| 2511 Sq. Ft.	$631,784
606 NE Monroe Street, Portland, OR 4 Beds \| 1.5 Baths \| 1870 Sq. Ft.	$629,398

Property information provided by RMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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