Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
Property Details
Property Features
Property Information:
Year Built: 1884
Stories: 2
Listing Office:
Office Name: Windermere Realty Trust
Office Phone: (503) 860-2805
Listing Agent: Joe Spanish
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Wood
Exterior Features
Parking Information:
Attached Garage: No
Parking: Assigned
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: NE Glisan between 52nd and 49th
Price Information
Listing Price Info
Price Summary:
List Price: $569,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portland, OR.
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, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,907
Per Month
Principal & Interest
$2,840
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,772
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Glencoe Elementary School
825 SE 51st Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-5
7
/10
Rose City Park Elementary School
2334 NE 57th Ave
Distance between this listing and this school0.96 miles
Public District Grades KG-5
8
/10
Portland Arthur Academy Charter School
7507 SE Yamhill St
Distance between this listing and this school1.38 miles
Public Charter Grades KG-5
Nearby Schools
9
/10
Laurelhurst Elementary School
840 NE 41st Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-8
8
/10
Mt Tabor Middle School
5800 SE Ash St
Distance between this listing and this school0.49 miles
Public District Grades 6-8
8
/10
Sunnyside Environmental School
3421 SE Salmon St
Distance between this listing and this school1.18 miles
Public District Grades KG-8
Nearby Schools
8
/10
Grant High School
2245 NE 36th Ave
Distance between this listing and this school1.17 miles
Public District Grades 9-12
7
/10
Franklin High School
5405 SE Woodward St
Distance between this listing and this school1.67 miles
Public District Grades 9-12
9
/10
Benson Polytechnic High School
546 NE 12th Ave
Distance between this listing and this school2.01 miles
The neighbors living near this home have an average income of $51,679. Residents of Portland, OR typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5108 NE Glisan St
What is the listing price of this property?
The listing price of 5108 NE Glisan St property is $569,000.
What type of property is this?
The property 5108 NE Glisan St is a house located in Portland, Oregon, 97213.
Is this property for sale now?
Active Listing: 5108 NE Glisan St is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 5108 NE Glisan St is 1884.
This home is located at 5108 NE Glisan St in Portland, OR and zip code 97213 in the Center Addition neighborhood. This home was built in 1884. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $569,000.
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. The number of homes for sale in Portland, OR decreased by 11.9% between October 2024 and November 2024. 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.