Interstate Apts represent a rare value-add opportunity in the Overlook Neighborhood, near many amenities & provides a tranquil courtyard setting. Mix of studio & 1 BD floor plans, a large basement & 3 street level garages. Rents are below market, providing an immediate opportunity for a buyer to capitalize on a more efficient management system. Located along the MAX line & in the path of continued progress- the apts are poised to benefit from the continued expansion of the N Portland sub-market.
*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
10
Baths
10
Stories
1
Lot width
80 ft.
Lot depth
100 ft.
Lot size
8,000 Sq. Ft.
Year renovated
1942
Sq. Ft.
4,897
Year built
1942
Style
Other
County
Multnomah County
APN
R226177
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
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.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Apr 27, 2023 • Final
Electrical
Electrical
Dec 16, 2022 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Garage
Interior
Appliances
Hot Water Description: Gas
Interior Features
Storage: Garage(s), Individual Storage Units
Basement: Daylight, Exterior Entry, Unfinished
Exterior
Exterior Features
Roof: Composition
Exterior Description: Brick
Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Corner Lot
Parcel Number: R226177
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: No
Building Information
Year Built: 1942
Building Area Total: 6,383
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2020
Tax Legal Description: NORTH ALBINA, BLOCK 11, LOT 3&4 EXC PT IN ST
Tax Annual Amount: $7,987
Rent Information
Rent Includes: Gas, Maintenance Grounds, Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 4.44
Gross Rent Multiplier: 13.46
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 9
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Actual Rent: $841
Area: 400
Baths Total: 1
Units Total: 5
Unit Type 2 Information
Actual Rent: $1,005
Area: 550
BathsTotal: 1
Beds Total: 1
Units Total: 4
School Information
Elementary School: Beach
Middle Or Junior School: Ockley Green
High School: Jefferson
Location Information
Directions: N Interstate Ave/N Jessup St
Unparsed Address: 5712 N INTERSTATE AVE, Portland, OR 97217
Community Information
Community Features: Laundry
Zoning: RM3
Public facts
Beds: 10
Baths: 10.0
Sq. Ft.: 4,897
Stories: 1.0
Lot Size: 8,000 square feet
Style: Other
Year Built: 1942
Year Renovated: 1942
County: Multnomah County
APN: R226177
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
Beach Elementary School
Public PreK-5 • Assigned • 0.5mi
9/10
Ockley Green Middle School
Public 6-8 • Assigned • 0.2mi
8/10
Jefferson High School
Public 9-12 • Assigned • 0.5mi
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 • 97217
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42
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Sun exposure
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