2 months on rocket

109 SW Gibbs St, Portland, OR, 97239

$499,987

Home List Price

$5,937*

Closing Credit

1 Bedroom
1 Full Bath
906 SqFt
$552/SqFt
Condo

Location

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109 SW Gibbs St, Portland$499,987

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingStreet Parking, Secured
Attached Garage1 space
Year Built2017
HeatingZoned
CoolingZoned
FireplaceGas Fireplace
MLS #24132390
StatusActive

About 109 SW Gibbs St

Prime opportunity for investors! This stylish 1-bedroom, 1-bath condo in Portland's Historic Lair Hill neighborhood is perfect for both short-term and long-term rentals, catering to a range of tenants including professionals, students, and traveling nurses. The open-concept layout boasts high ceilings, exposed brick walls, a modern kitchen with quartz countertops and an island, plus an office nook ideal for remote work. High-end finishes continue throughout, including an elegant bathroom and a floor-to-ceiling stucco-style fireplace for cozy ambiance.The condo includes in-unit laundry, a private outdoor patio, secure garage parking, and dedicated storage. Located at the base of OHSU and minutes from Johns Landing and Macadam Avenue, it offers unbeatable access to top employers, shopping, and dining—making it highly appealing to renters. Don’t miss this chance to invest in a versatile, income-generating property in one of Portland’s most sought-after neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, NW Contemporary
  • Year Built: 2017
  • Stories: 1
  • Living Area: 906 SqFt

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 505-2134
  • Listing Agent: Brett Amos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No
  • Interior: Quartz, Washer/Dryer
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio, Sprinklers

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Street Parking, Secured

Virtual/3D Tour

  • Virtual Tour: 109 SW Gibbs St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Between SW 1st & 2nd on Gibbs in Lair Hill- Just east of Barbur Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,987
  • Price Per SqFt: $552/SqFt

HOA Fees:

  • Amount: $433
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,827
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

109 SW Gibbs St vs Portland

82 DAYS ON ROCKET

+28 Days

$499,987

-$42.4K Less

$552/SqFt

+$236 More

KEY TAKEAWAY

This property is $42.4K less than the Median Sold Price and $236/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24132390

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 505-2134
  • Listing Agent: Brett Amos

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 20, 2017Home Sold
$520,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,827$267,510
2018$6,382$252,160
2017$2,289$128,130

History based on county public records data.

Payment Calculator

$2,996

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4284916
9
/10

  • Ainsworth Elementary School

  • 2425 SW Vista Ave

  • 1.21 miles

  • Public District Grades KG-5

school-card-donut-4284917
10
/10

  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 1.41 miles

  • Public District Grades KG-5

school-card-donut-4284918
7
/10

  • Emerson School

  • 105 NW Park Ave

  • 1.68 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,932. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 109 SW Gibbs St

What is the listing price of this property?

The listing price of 109 SW Gibbs St property is $499,987.

What type of property is this?

The property 109 SW Gibbs St is a condo located in Portland, Oregon, 97239.

Is this property for sale now?

Active Listing: 109 SW Gibbs St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,827 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 20, 2017 for $520,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 109 SW Gibbs St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 109 SW Gibbs St is 906 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 109 SW Gibbs St is 2017.

Rocket Homes›Oregon›Multnomah County›Portland›97239›109 SW Gibbs St

This home is located at 109 SW Gibbs St in Portland, OR and zip code 97239 in the Caruther's Addition neighborhood. This 906 square foot home was built in 2017. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $499,987.

While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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