OFF MARKET

Off Market Oct 2015 for $798K

—

Est. refi paymentEst. refi $4,678/mo

•

10 ba

•

7,728

sq ft

5516 NE 48th Ave, Portland, OR 97218

About this home

Multi-familyProperty Type

1975Year Built

$103Price/Sq.Ft.

Listed by Grayson Pounder • Pounder Realty LLC

Bought with Grayson Pounder • Pounder Realty LLC

Redfin checked: 2 minutes ago

•Source:RMLS #15304896

Redfin Estimate

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

Market trends in Cully, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.1%

+0.4% MoM

Median sale price

$440K

$212 MoM

Avg. days on market

18d

2 days MoM

Recently sold homes

0 MoM

New listings for sale

$429,000
5 beds3 baths1,987 sq ft
4731 NE 62nd Ave, Portland, OR 97218
Bradley Wulf • Keller Williams Realty Professionals
$679,900
4 beds2 baths3,101 sq ft
4811 NE Mason St, Portland, OR 97218
Kristin Rader • Keller Williams Sunset Corridor
$360,000
2 beds1 bath856 sq ft
5926 NE Going St, Portland, OR 97218
Lou Chain • Think Real Estate
COMING SOON
$624,950
3 beds2 baths2,482 sq ft
4600 NE 80th Ave, Portland, OR 97218
Michael Smira • John L. Scott Portland Central
$439,900
2 beds1 bath1,018 sq ft
5220 NE Skidmore St, Portland, OR 97218
Katie Fracasso PC • Living Room Realty
3D WALKTHROUGH
$439,000
2 beds1 bath914 sq ft
4525 NE 77th Ave, Portland, OR 97218
Nichole Sharman • Works Real Estate
See all

Provided by Redfin

Sale history for 5516 NE 48th Ave

** Price available after signing in.

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Tax history for 5516 NE 48th 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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.41 Acres

Year renovated

1975

Sq. Ft.

1,904

Year built

1975

Style

Other

County

Multnomah County

APN

R194223

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

Aircraft Landing 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: Open

Exterior

Exterior Features
Roof: Composition
Exterior Description: T-111 Siding

Lot Information
Lot Features: Level
Parcel Number: R194223

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

Building Information
Year Built: 1975
Building Area Total: 7,728

Financial

Tax Information
Tax Legal Description: JORBADE, BLOCK 1, LOT 12&13 TL 6000
Tax Annual Amount: $8,939.95

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 4.81
Gross Rent Multiplier: 12.87

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

Multi Unit Information
# Of Units Total: 7

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $950
Area: 1,005
Baths Total: 1
Beds Total: 3
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Units Total: 2

Unit Type 2 Information
Actual Rent: $995
Area: 1,290
BathsTotal: 1
Beds Total: 3
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Units Total: 2

Unit Type 3 Information
Actual Rent: $850
Area: 1,046
Baths Total: 2
Beds Total: 2
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Units Total: 3

Location Information
Directions: Killingsworth, North on NE 48th
Unparsed Address: 5516 NE 48TH AVE, Portland, OR 97218

Community Information
Zoning: Multi

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 1,904
Stories: 1.0
Lot Size: 0.41 acres
Style: Other
Year Built: 1975
Year Renovated: 1975
County: Multnomah County
APN: R194223

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

Rigler Elementary School

Public K-5 • Assigned • 0.5mi

8/10

Beaumont Middle School

Public 6-8 • Assigned • 1.1mi

10/10

Leodis V. McDaniel High School

Public 9-12 • Assigned • 2.1mi

4/10

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 91° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

20 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97218

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

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New listings for sale in 97218

$429,000

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4731 NE 62nd Ave, Portland, OR 97218

Bradley Wulf • Keller Williams Realty Professionals

$679,900

4 beds2 baths3,101 sq ft

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Kristin Rader • Keller Williams Sunset Corridor

$360,000

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Lou Chain • Think Real Estate

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4600 NE 80th Ave, Portland, OR 97218

Michael Smira • John L. Scott Portland Central

$439,900

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Katie Fracasso PC • Living Room Realty

3D WALKTHROUGH

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Nichole Sharman • Works Real Estate

Home values near 5516 NE 48th Ave

Data from public records.

Address	Redfin Estimate
5530 NE 48th Avenue, Portland, OR 4 Beds \| 1 Baths \| 1300 Sq. Ft.	$488,149
4919 NE Killingsworth Street, Portland, OR 6 Beds \| 3 Baths \| 2448 Sq. Ft.	$718,311

Address	Redfin Estimate
4667 NE Killingsworth Street #A, Portland, OR 3 Beds \| - Baths \| 1125 Sq. Ft.	$275,747
4905 NE Killingsworth Street, Portland, OR 6 Beds \| 3 Baths \| 2485 Sq. Ft.	$690,189

Address	Redfin Estimate
4818 NE Church Street, Portland, OR - Beds \| 2.5 Baths \| 1892 Sq. Ft.	$603,291
4907 NE Killingsworth Street, Portland, OR 3 Beds \| 2 Baths \| 1729 Sq. Ft.	$759,231

Property information provided by RMLS when last listed in 2015. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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