5870 N MISSOURI AVE

Portland, OR 97217
Square Ft.
5,071
$1,839,900
New construction 5 unit townhouse style asset in North Portland’s highly desirable Humboldt neighborhood, offering a fully completed, move in ready multifamily property that is vacant and ready for lease up with strong rental appeal. Each of the five units is thoughtfully designed with a 2 bedroom, 2.1 bathroom layoutRead MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
5,071
Lot Size
0.11 Acres
Year Built
2025
MLS Number
456565351
30 Days Snapshot Of 97217
$549k
+12%
(avg) sold price
39
+25%
homes sold
67
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 5071, Built in 2025, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: HeatPump, MiniSplit
Disclosures
Disclosures: Exempt
Expenses
Operating Expense: $33,808
Exterior Features
Exterior Description: CementSiding, LapSiding
Heating
Heating: MiniSplit
Income
CAP Rate: 5.82, Gross Income: $140,975, Gross Rent Multiplier: 13.05, Net Operating Income: $107,167
Lot
Features: Level, PublicRoad, Size Acres: 0.11, Size Dimensions: 50x100, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: OnStreet
Property
Number Of Units Total: 5, Property Condition: NewConstruction, Zoning: RM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,400, Area: 1014, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $2,350, Area: 1015, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 3, 3 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $2,475, Area: 1015, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.