This home's estimate is 2.4% lower than the average sale price ($887K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate
5617 N Interstate Ave, Portland, OR 97217
About this home
Well maintained income producing 3plx in ideal N PDX location on popular Interstate Ave. ON MAX line/ I-5 access close. Minutes to downtown!! Two units leased and maintained by professional management. All reports are available for review. Tenants reimburse owner for water/sewer & garbage. Two 2 BD 1 Bth, One 3 BD 1 Bth. Please write all offers subject to interior view/inspection of occupied units. Main unit B is vacant to show.

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Market trends in Overlook, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SUN, 11:30AM TO 1:30PM$610,0003 beds2 baths2,522 sq ft6545 N Haight Ave, Portland, OR 97217Desiree Moore • Windermere Realty Trust
- OPEN TODAY, 1PM TO 3PM
- OPEN SUN, 12PM TO 2PM
- OPEN TODAY, 11AM TO 1PM$574,9003 beds2 baths3,081 sq ft5926 N Montana Ave, Portland, OR 97217Atika Hagen • Living Room Realty
- COMING SOON$759,0003 beds1 bath1,684 sq ft3514 N Russet St, Portland, OR 97217Joyce Warren-Machen • Century 21 North Homes Realty
- $439,9004 beds1 bath1,294 sq ft8905 N Bayard Ave, Portland, OR 97217Keaton Bankofier • John L. Scott Portland South
- 3D WALKTHROUGH
- OPEN TODAY, 1PM TO 3PM$415,0003 beds1 bath1,050 sq ft8802 N Chase Ave, Portland, OR 97217Laurie Vizzini • Premiere Property Group, LLC
See all
Provided by Redfin
Sale history for 5617 N Interstate Ave
$176/sq ft
$175/sq ft
$181/sq ft
$187/sq ft
$60/sq ft
$6/sq ft
$19/sq ft
Tax history for 5617 N Interstate 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
RM3
D
Residential Multi-Dwelling 3 Zone
The RM3 zone is a medium to high density multi-dwelling zone applied near the Central City, and in centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended for compact, urban development with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets. This zone is intended for areas where the established residential character includes landscaped front setbacks. Allowed housing is characterized by mid-rise buildings up to six stories tall. The Design overlay zone is applied to this zone.- Design Overlay Zone
Include but are not limited to:
- Housing
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Park & open space
Property details
Parking
- Parking Information
- Parking Features: Paved
- Parking Total: 3
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Basement
- Basement: Finished, Full Basement
- Multi Unit Information
- # Of Units Total: 3
- Unit Information
- Unit Type: 1, 2, 3
- Unit Type 1 Information
- Actual Rent: $1,445
- Area: 900
- Baths Total: 1
- Beds Total: 2
- Features: Dishwasher, Range, Refrigerator, Washer/Dryer
- Units Total: 3
- Unit Type 2 Information
- Actual Rent: $1,635
- Area: 1,232
- BathsTotal: 1
- Beds Total: 2
- Features: Dishwasher, Fireplace, Washer/Dryer, Wood Floors
- Units Total: 2
- Unit Type 3 Information
- Actual Rent: $1,600
- Area: 1,232
- Baths Total: 1
- Beds Total: 3
- Features: Dishwasher, Range, Storage, Washer/Dryer
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: Vinyl Siding
- Lot Information
- Lot Size Range: 5,000 to 6,999 SqFt
- Lot Size: 5,000 to 6,999 SqFt
- Lot Features: Light Rail, On Busline
- Parcel Number: R176493
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- Security Features: Entry
- View YN: No
- Building Information
- Year Built: 1922
- Building Area Total: 4,281
Financial
- Tax Information
- Tax Year: 2017
- Tax Legal Description: HAVELOCK, BLOCK 2, LOT 23
- Tax Annual Amount: $4,175.19
- Rent Information
- Rent Includes: Trash Collection
- Lease / Rent Information
- CAP Rate: 6.34
- Gross Rent Multiplier: 13.35
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Zoned
- Cooling YN: No
Location
- School Information
- Elementary School: Beach
- Middle Or Junior School: Ockley Green
- High School: Jefferson
- Location Information
- Directions: Interstate North of Killingsworth
- Unparsed Address: 5617 N INTERSTATE AVE, Portland, OR 97217
- Community Information
- Zoning: RH
Public facts
- Beds: 4
- Baths: 3.0
- Sq. Ft.: 2,149
- Stories: 1.0
- Lot Size: 4,125 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1922
- Year Renovated: 1922
- County: Multnomah County
- APN: R176493
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.2mi
Public 9-12 • Assigned • 0.5mi
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, 14 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 20 days in 30 years
Sun exposure
In this area, properties receive around 9.5 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 5617 N Interstate Ave
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1434 Sq. Ft. | $333,705 |
2 Beds | 1 Baths | 1494 Sq. Ft. | $412,277 |
5 Beds | 2 Baths | 1110 Sq. Ft. | $487,109 |
3 Beds | 2 Baths | 2477 Sq. Ft. | $623,922 |
4 Beds | 2 Baths | 1452 Sq. Ft. | $488,264 |
3 Beds | 2 Baths | 2124 Sq. Ft. | $592,410 |
- Beds | - Baths | - Sq. Ft. | $111,851 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 734 Sq. Ft. | $374,617 |
3 Beds | 2 Baths | 2286 Sq. Ft. | $658,916 |
3 Beds | 1 Baths | 1564 Sq. Ft. | $460,745 |
4 Beds | 1.5 Baths | 1496 Sq. Ft. | $552,072 |
3 Beds | 2 Baths | 1425 Sq. Ft. | $553,751 |
2 Beds | 1 Baths | 1957 Sq. Ft. | $530,950 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 6 Baths | 3743 Sq. Ft. | $917,515 |
1 Beds | 3 Baths | 1290 Sq. Ft. | $639,352 |
4 Beds | 2 Baths | 2225 Sq. Ft. | $681,479 |
3 Beds | 2 Baths | 1504 Sq. Ft. | $564,435 |
2 Beds | 3 Baths | 2316 Sq. Ft. | $404,640 |
3 Beds | 2 Baths | 2170 Sq. Ft. | $670,840 |
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