5 months on rocket

5501 E Burnside St, Portland, OR, 97215

$659,000

Home List Price

$7,826*

Closing Credit

0 Baths
House

Location

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5501 E Burnside St, Portland$659,000

Buyer Closing Credits

$7,826*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingStreet Parking
Year Built1894
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #24535448
Lot Size0.06 Acres
StatusActive

About 5501 E Burnside St

This exceptional duplex offers prime access to Providence Medical Center, transit, restaurants, and amenities. Each spacious unit features beautiful hardwood and tile flooring, large bedrooms, updated kitchens and baths with stainless steel appliances, and full-size washers and dryers. Upstairs unit is 2 bedrooms and 1 bath while downstairs is 1 bedroom 1 bath. A major 2015 renovation added a new roof, gutters, sewer, and exterior upgrades. Furnace in each unit replaced in 2022. One unit is vacant, perfect for owner-occupancy or selecting your ideal tenant, while the other unit is occupied, providing immediate rental income. Don't miss this prime investment opportunity in sought-after North Tabor. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1894
  • Stories: 2

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 451-0268
  • Listing Agent: Seth Prickett, Jacob Potkin

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Virtual/3D Tour

  • 3D Tour: 5501 E Burnside St
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Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: East Burnside Street at NE 55th Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $659,000

Tax Information:

  • Annual Amount: $4,925
  • 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

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

5501 E Burnside St vs Portland

150 DAYS ON ROCKET

+102 Days

$659,000

+$117.6K More

KEY TAKEAWAY

This property is $117.6K more than the Median Sold Price 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: #24535448

Listing Office:

  • Office Name: MORE Realty
  • Office Phone: (503) 451-0268
  • Listing Agent: Seth Prickett, Jacob Potkin

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: 11/17/2024, 8:20:55 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

Nov 09, 2016Home Sold
$520,000
Jan 22, 2015Home Sold
$437,500
Mar 17, 2004Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,925$192,790
2018$4,604$181,730
2017$4,413$176,440

History based on county public records data.

Payment Calculator

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,042

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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-435740
9
/10

  • Glencoe Elementary School

  • 825 SE 51st Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-435741
8
/10

  • Portland Arthur Academy Charter School

  • 7507 SE Yamhill St

  • 1.08 miles

  • Public Charter Grades KG-5

school-card-donut-435742
7
/10

  • Rose City Park Elementary School

  • 2334 NE 57th Ave

  • 1.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,326. Most Portland, OR residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 E Burnside St

What is the listing price of this property?

The listing price of 5501 E Burnside St property is $659,000.

What type of property is this?

The property 5501 E Burnside St is a house located in Portland, Oregon, 97215.

Is this property for sale now?

Active Listing: 5501 E Burnside 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 $4,925 (source: MLS/based on county public records data).

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

The last sale was on November 9, 2016 for $520,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 E Burnside St is 1894.

Rocket Homes›Oregon›Multnomah County›Portland›97215›5501 E Burnside St

This home is located at 5501 E Burnside St in Portland, OR and zip code 97215 in the Southeast Portland neighborhood. This home, which was built in 1894, sits on a 0.06 acre lot. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $659,000.

Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. In October 2024 in Portland, OR there were 4.2% more homes for sale than in September 2024. In October 2024 median list price was $541,309 and the average listing age was 48 days.

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

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