OFF MARKET

Off Market May 2024 for $790K

$808,897

Est. refi paymentEst. refi $5,386/mo

•

2 ba

•

3,200

sq ft

5215 SE Division St, Portland, OR 97206

About this home

Investor's Dream! Over $110k in improvements!!!!! Ultra low maintenance income property. Charming designer duplex in South Tabor/Richmond neighborhood right on the SE Division bus line, a short walk or drive to everything and everywhere in Portland. Great income or 1031 exchange property with terrific long-time 11+ year tenants in one unit. Very rare large square footage, each unit is on 2 levels and features 3 bedroom + 1 bath configuration with lovely fireplaces, in-unit laundry and easy flowing floorplan with dining area, living room and additional family/bonus room for entertaining. Private outdoor patio spaces are great for relaxation, grilling and planting. Each unit also features an attached single garage plus driveway parking for an additional vehicle. Both units recently went through complete remodel with brand new two toned kitchens, appliances, baths, paint inside and out, shades, front siding, garage doors and openers, hardware and much more. 5215 is vacant and in impeccable condition, available for tours and immediate owner occupancy or new tenants. 5217 is occupied, and tours of the unit will be made available to buyers with written offers. Comes with all appliances, profitable rent roll and everything for you to be a successful landlord or occupying owner. Possible to convert and add another 1 bedroom unit for AirBNB. The block is ripe for big redevelopment in 5-10 years. Walk and Bike scores are both at 92!!!

Multi-familyProperty Type

1972Year Built

$253Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Benjamin Page • Coldwell Banker Bain

Contact: 626-390-1806

Bought with Michele DesCombes • Keller Williams Realty Professionals

Redfin checked: 4 minutes ago

•Source:RMLS #23502095

Redfin Estimate

$808,897

$19K since sold in May 2024$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 27% higher than the average sale price ($637K) of 6 comparable homes.

SOLD AUG 17, 2026
$855,000
A
5 beds2 baths2,480 sq ft
7100 SE Harrison Ct, Portland, OR 97215
SOLD JUL 23, 2026
$607,000
B
4 beds2 baths2,410 sq ft
2921 SE 67th Ave, Portland, OR 97206
SOLD DEC 19, 2025
$510,000
C
4 beds2 baths2,210 sq ft
5949 SE Kelly St, Portland, OR 97206
SOLD MAR 9, 2026
$535,000
D
4 beds2 baths1,227 sq ft
5933 SE Haig St, Portland, OR 97206
BOUGHT WITH REDFIN FEB 11, 2026
$675,000
E
4 beds2 baths2,482 sq ft
2931 SE 67th Ave, Portland, OR 97206
SOLD JUN 18, 2026
$640,000
F
4 beds3 baths1,986 sq ft
3004 SE 65th Ave, Portland, OR 97206

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Earn from this home

Sell

$155,382

Est. take-home

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Refinance

Est. cash available

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Market trends in Mount Tabor, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.7%

+1.0% MoM

Median sale price

$728K

$23K MoM

Avg. days on market

1 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 24 HRS AGO
$225,000
1 bed1 bath780 sq ft
6626 SE 67th Ave, Portland, OR 97206
Beth Nelsen • Keller Williams Realty Professionals
NEW 27 HRS AGO
$599,900
2 beds2 baths2,033 sq ft
2508 SE 67th Ave, Portland, OR 97206
Douglas MacLeod • Blue Sky Property Northwest
3D WALKTHROUGH
$450,000
4 beds2 baths1,680 sq ft
5355 SE Bybee Blvd, Portland, OR 97206
Annie Leonard • Windermere Realty Trust
OPEN TODAY, 4PM TO 6PM
$500,000
3 beds2 baths2,189 sq ft
3730 SE 51st Ave, Portland, OR 97206
Chris Suarez • Keller Williams Sunset Corridor
HOT HOME
$535,000
2 beds2 baths1,587 sq ft
3206 SE 67th Ave, Portland, OR 97206
Susan Cassidy • Windermere Realty Trust
3D WALKTHROUGH
$545,000
3 beds2 baths1,188 sq ft
5605 SE Knight St, Portland, OR 97206
Eric Lehouiller • Real Broker
COMING SOON
$925,000
4 beds3 baths2,505 sq ft
6115 SE Franklin St, Portland, OR 97206
James DeMarco • Investors Trust Realty
$775,000
4 beds2 baths2,382 sq ft
2612 SE 51st Ave, Portland, OR 97206
Suzanne Page • John L. Scott
$424,900
2 beds2 baths1,492 sq ft
7604 SE Woodstock Blvd, Portland, OR 97206
Britta Schwartz • Urban Nest Realty
3D WALKTHROUGH
$525,000
3 beds1 bath903 sq ft
4624 SE 49th Ave, Portland, OR 97206
Israel Hill • John L. Scott Portland Central
See all

Provided by Redfin

Sale history for 5215 SE Division St

Date

Event

Price

RMLS #23502095

May 14, 2024

Sold

$790,000

$247/sq ft

Apr 12, 2024

Pending

—

Apr 4, 2024

Relisted

—

Apr 1, 2024

Pending

—

Nov 8, 2023

Listed

$799,999

$250/sq ft

RMLS #19307136

Sep 18, 2019

Sold

$555,000

$173/sq ft

Aug 22, 2019

Pending

—

Aug 8, 2019

Listed

$555,000

$173/sq ft

Great duplex in sweet location to restaurants, shopping, bus stop, and all amenities of upper Division St. Three bedroom units with exterior patios, each unit has one garage parking space, and storage. Front unit with hardwoods in the living and dining rooms, and fireplace in basement bonus room. Back unit with fireplace in living room and slider off large kitchen to deck. Washer, Dryer, dishwashers, and new roof in 2011.

Public Records

Feb 10, 2012

Sold

$356,000

$111/sq ft

RMLS #12081561

Feb 10, 2012

Sold

$345,000

$108/sq ft

Jan 9, 2012

Pending

—

Jan 2, 2012

Listed

$365,000

$114/sq ft

Public Records

Jul 31, 2007

Sold

$338,000

$106/sq ft

RMLS #7051017

Jul 2, 2007

Delisted

—

May 22, 2007

Listed

$106/sq ft

Public Records

Jan 31, 1992

Sold

$79,000

$25/sq ft

** Price available after signing in.

Tax history for 5215 SE Division 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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,050 Sq. Ft.

Year renovated

1972

Sq. Ft.

1,812

Year built

1972

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R174378

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: Attached, Garage
Parking Total: 5

Interior

Virtual Tour Information
Virtual Tour Type: Photo Slide Show
Has Virtual Tour Unbranded: Yes
Virtual Tour Type 2: 3-D Tour
Has Virtual Tour Unbranded 2: Yes

Appliances
Hot Water Description: Electricity, Tank

Interior Features
Storage: Garage(s)
Basement: Daylight, Exterior Entry, Finished

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $2,575
Area: 1,650
Baths Total: 1
Beds Total: 3
Features: Fireplace, Hardwood Floors, Range, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $2,200
Area: 1,550
BathsTotal: 1
Beds Total: 3
Features: Fireplace, Hardwood Floors, Range, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Tar/Gravel
Exterior Description: Brick, Metal Siding, Plywood, Shingle Siding, Wood Composite, Wood Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size: 3,000 to 4,999 SqFt
Lot Features: On Busline, Trees
Parcel Number: R174378
Parcel Number 2: R346101210
Road Surface Type: Concrete, Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No

Building Information
Year Built: 1972
Building Area Total: 3,200
Foundation Details: Block, Concrete Perimeter, Slab

Financial

Tax Information
Tax Year: 2023
Tax Legal Description: GROVELAND PK, BLOCK 6, LOT 10
Tax Annual Amount: $7,997.48

Lease / Rent Information
CAP Rate: 5.45
Gross Rent Multiplier: 14.4

Utilities

Utility Information
Green Certification YN: No
Energy Efficiency Features: Double Pane Windows, ENERGY STAR Qualified Appliances
Fuel Description: Electricity
Internet Service Type: Cable, DSL
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No

Location

School Information
Elementary School: Atkinson
Elementary School 2: Richmond
Middle Or Junior School: Mt Tabor
High School: Franklin

Location Information
Directions: second building on the corner of SE Division and 52nd
Unparsed Address: 5215 SE DIVISION ST, Portland, OR 97206

Community Information
Zoning: RM1

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,812
Stories: 1.0
Lot Size: 4,050 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1972
County: Multnomah County
APN: R174378

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

Atkinson Elementary School

Public K-5 • Assigned • 0.2mi

10/10

Harrison Park School

Public 6-8 • Assigned • 1.6mi

9/10

Franklin High School

Public 9-12 • Assigned • 0.2mi

6/10

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, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97206

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

$769,000 – $931,000

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James DeMarco • Investors Trust Realty

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Suzanne Page • John L. Scott

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Home values near 5215 SE Division St

Data from public records.

Address	Redfin Estimate
5300 Southeast Division St, Portland, OR 2 Beds \| 2 Baths \| 1518 Sq. Ft.	$691,987
5137 Southeast Division St, Portland, OR 2 Beds \| 2 Baths \| 1696 Sq. Ft.	$565,525

Address	Redfin Estimate
5231 Southeast Division St, Portland, OR 2 Beds \| 1 Baths \| 1660 Sq. Ft.	$507,113
5127 Southeast Division St, Portland, OR 3 Beds \| 2 Baths \| 1881 Sq. Ft.	$538,407

Address	Redfin Estimate
5230 Southeast Division St, Portland, OR 3 Beds \| 1 Baths \| 1444 Sq. Ft.	$492,131
5223 Southeast Division St, Portland, OR 2 Beds \| 2 Baths \| 870 Sq. Ft.	$552,247

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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About this home

Redfin Estimate

Earn from this home

Market trends in Mount Tabor, OR

Sale history for 5215 SE Division St

Tax history for 5215 SE Division St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97206

Home values near 5215 SE Division St

More real estate resources