Check Availability
$450,000
↓ $10K (2.2%)
House - For Sale

5712 NE 11TH AVE

Portland, OR 97211
bedrooms
Studio
bathrooms
1 Bath
square feet
1400 Sqft
$2,433
Estimated Monthly
$0
HOA / Fees
5.17%
Cap Rate

About This Property

A charming bungalow-style residence nestled in the heart of the highly coveted Alberta Arts district in NE Portland. Built in 1927, this timeless home offers a unique opportunity for those seeking a property with character and potential. With the right vision and resources this home is a great investment. As you step through the front door, you'll be greeted by the warmth of the hardwood floors that span the living spaces. The main level features an inviting living and dining room, a cozy kitchen, one bedroom and a well-appointed bathroom. The upstairs has unlimited potential to be made into the primary suite. The partially finished basement, spanning an additional 800 square feet, presents an exciting opportunity. Transform this space into a third bedroom and an additional bathroom, realizing the full potential of this home. The possibilities are limited only by your imagination. Recent upgrades include a new water heater, providing enhanced comfort and efficiency. The property's R2 zoning opens doors to further expansion and creative possibilities. Consider adding an Accessory Dwelling Unit (ADU) on the property for extra income or an additional living space. Take advantage of buying into the vibrant community, with eclectic shops, art galleries, and a plethora of dining options just steps away. Immerse yourself in the rich culture and creativity that define this sought-after Portland neighborhood. This home is a canvas waiting for your personal touch. Ideal for those with a vision and the desire to revitalize a property to its fullest potential. Buyers are encouraged to conduct their own due diligence to ensure the property aligns with their vision and plans.

The manager has listed the unit size as 1400 square feet.
Unit Size
1,400Ft²
Days on Market
115 days
Land Size
0.12 acres
Price per sqft
$321
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1927
Listed By
Antonio Hayes
Keller Williams PDX Central
Last updated: 23 days ago (RMLSOR #23605777)

Price History

Date / Event Date Event Price
Apr 6, 2024 Price Decreased $450,000
↓ $10K (2.2%)
Price Decreased
Mar 19, 2024 Price Decreased $460,000
↓ $10K (2.1%)
Price Decreased
Feb 27, 2024 Price Decreased $470,000
↓ $15K (3.1%)
Price Decreased
Feb 4, 2024 Price Decreased $485,000
↓ $15K (3%)
Price Decreased
Jan 4, 2024 Listed by Keller Williams Realty Portland Central $499,900
Listed by Keller Williams Realty Portland Central

Property Highlights

Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Metal

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 800
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 1,400
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HIGHLAND PK
  • Land Acres: 0.115
  • Legal Description 1: HIGHLAND PK, BLOCK 18, LOT 5

Ownership

  • Current Owner : MCKINNEY ALYCE ELIZABETH
  • Current Owner 2: MCKINNEY WILSON CHARLES
  • Previous Owner : MCKINNEY ALYCE ELIZABETH
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 003601

Zoning

  • Zoning: R2.5

Geography

  • Account Number: R384604250
  • Parcel: R180388
  • Block: 18
  • Lot: 5
  • Meridian: SEC 14 TWN 01N RNG 01E
  • Latitude: 45.5642
  • Longitude: -122.654

    Address

  • Full Address: 5712 Ne 11th Ave
  • Address - House Number: 5712
  • Street Direction: NE
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C025
  • 4-Digit Zip Code: 4204
  • Zip Code: 97211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,679
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 80
  • Final Value: 552,827
  • High Value: 638,505
  • Low Value: 467,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $627,000
  • First Open Lien Mortgage Lender: AMRES CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 29, 2017
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $627,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $551,990
  • Market Land Value: $297,500
  • Market Improvement Value: $254,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,100

    Sales

  • Current Sale Contract Date: Jun 30, 2004
  • Current Sale Recording Date: Jul 26, 2004
  • Current Sale Transaction ID: 1101712968
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2004-135576

    Last Sale Mortgage

  • First Mortgage Lender: US FINANCIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 26, 2004
  • First Mortgage Loan Amount: $277,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • Second Mortgage Loan Amount: $277,500

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2.5 Baths
878 ft²
$490/ft²
$429,900 Jan 3, 2024
-
$40/mo
Townhouse
3 Beds
1.5 Baths
1,424 ft²
$302/ft²
$429,900 Nov 24, 2023
-
$290/mo
Condo
3 Beds
2.5 Baths
1,703 ft²
$329/ft²
$560,000 Jan 2, 2024
-
$624/mo

About Northeast Coalition of Neighborhoods


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Frequently Asked Questions

When was property at 5712 Northeast 11th Avenue built and last sold?
The property at 5712 Northeast 11th Avenue was built in 1927 and last sold on Jun 30, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 5712 Northeast 11th Avenue is $494,018.
What are some comparable homes to 5712 Northeast 11th Avenue?
Homes that are comparable to 5712 Northeast 11th Avenue include a condo property at 5112 Northeast 24th Avenue, a townhouse property at 412 Northeast Roselawn Street, a condo property at 6882 Northeast 13th Avenue.

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