5200 SE 132nd Ave #12 · Portland, OR 97236

$145,000

3 bd · 2.0 ba · 1,404 sqft · Manufactured public records · 474 Days on market

Built 1998 $103/sqft · 34% above area Est $108k · 34% over

---

Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Livability +3.9/5.0
• Schools +3.7/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

Key facts

• Laminate throughout
• Instant hot water
• New roof

Tags

• LIGHT QUARTZ COUNTERS
• LAMINATE THROUGHOUT
• INSTANT HOT WATER
• CUSTOM ELECTRIC FIREPLACE
• NEW ROOF
• HEAT PUMP FOR CENTRAL AC

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $841 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 2.2% in Portland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#72 in OR, #3,256 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime F, cost of living F.
• David Douglas SD 40 (urban): math 34% / reading 49% proficiency, ranked #99 of 183 in OR (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.6%/yr); 204 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,041 units permitted in Multnomah County in 2024 (905 in 5+ unit buildings).
• This rent runs 34% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Multnomah County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $41k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 474 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago; this cycle's ask has dropped $30k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $73k; list at $145k implies a 99% gain — meaningful room to come down on a strong offer.

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 474 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.48% ✓
• Cap rate: 13.25%
• Cash-on-cash: 24.85%
• DSCR: 2.11
• GRM: 5.6

CMA / ARV

• ARV (median comp): $107,863
• List price: $145,000
• Delta: 34.43%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5200 SE 132nd Ave	0.00mi	3/2.0	1,404 (0%)	4mo	$90,000	$64	96
13517 SE Pardee Dr	0.26mi	3/2.0	1,296 (-8%)	3mo	$96,905	$75	72
5200 SE 132nd Ave #24	0.00mi	3/2.0	1,296 (-8%)	21mo	$100,000	$77	70
13446 SE Schiller St	0.15mi	3/2.0	1,248 (-11%)	6mo	$89,850	$72	70
13539 SE Pardee Dr #12	0.26mi	3/2.0	1,344 (-4%)	13mo	$145,000	$108	70
13460 SE Raymond St	0.10mi	4/2.0 (+1)	1,568 (+12%)	4mo	$129,000	$82	68
12323 SE Holgate Blvd #6	0.62mi	4/2.0 (+1)	1,404 (0%)	4mo	$150,000	$107	62
4656 SE 134th Dr	0.24mi	3/2.0	1,568 (+12%)	13mo	$116,000	$74	58
12323 SE Holgate Blvd #2	0.62mi	3/2.0	1,296 (-8%)	1mo	$118,000	$91	57
4223 SE 136th Ave #2	0.46mi	3/2.0	1,296 (-8%)	14mo	$130,000	$100	54
6209 SE 142nd Ave	0.65mi	3/2.0	1,296 (-8%)	15mo	$396,000	$306	45
12323 SE Holgate Blvd #11	0.62mi	4/2.0 (+1)	1,568 (+12%)	4mo	$150,000	$96	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.64% rent growth · sell at horizon

5-year hold

• IRR: 16.8%
• Equity multiple: 1.67×
• Total profit: $27,084
• Equity at exit: $21,620

10-year hold

• IRR: 24.4%
• Equity multiple: 2.99×
• Total profit: $80,701
• Equity at exit: $12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State Oregon: 28 Tenant-Leaning · D+6
• County: — inherits STATE
• City Portland: 0 Strongly Tenant-Friendly · D+39

Mandatory relocation for no-cause evictions; rent increase notice 90 days.

Methodology + full state rankings →

ZIP-level market 97236

• Rents YoY: 1.6%
• Active inventory: 204
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,153 high
• Mortgage (P&I): −$760
• Tax from tax record: −$39 /mo · $470/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$452
• Net cashflow: $841

Break-even live

Break-even rent $1,089

Max offer price $145,000

Occupancy floor 56%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5329 SE 137th Ave Portland, OR	3.0	2.5	1559	$2,250	$1.44	24d	1	0.17mi
5344 SE 137th Ave Portland, OR	3.0	2.5	1600	$2,395	$1.50	17d	1	0.21mi
13726 SE Reedway St Portland, OR	3.0	2.5	1817	$2,295	$1.26	43d	1	0.31mi
5524 SE 140th Pl Portland, OR	4.0	3.0	1584	$3,050	$1.93	17d	1	0.40mi
12941 SE Foster Rd Portland, OR	1.0–2.0	1.0–2.0	925	$1,595	$1.72	43d	2	0.55mi
4904 SE 122nd Ave Portland, OR	3.0	3.0	1504	$4,400	$2.93	43d	1	0.57mi
6130 SE 128th Ave Apt B Portland, OR	3.0	2.0	1500	$1,999	$1.33	7d	1	0.57mi
12923 SE Foster Rd Portland, OR	2.0–3.0	2.0	1037	$2,100	$2.03	14d	3	0.60mi
3883 SE 136th Ave Portland, OR	4.0	2.5	1660	$2,400	$1.45	43d	1	0.63mi
4300 SE 122nd Ave Unit 146-4308 Portland, OR	2.0	1.0	950	$1,399	$1.47	43d	1	0.67mi
13436 SE Bush St Portland, OR	2.0–3.0	1.5–2.0	1075	$1,995	$1.86	43d	1	0.69mi
12509 SE Foster Rd Unit 243-29C Portland, OR	2.0	1.0	885	$1,585	$1.79	24d	1	0.69mi
12509 SE Foster Rd Unit 24341-C Portland, OR	2.0	1.0	885	$1,585	$1.79	3d	1	0.69mi
4257 SE 122nd Ave Portland, OR	2.0	2.0	946	$1,375	$1.45	3d	1	0.71mi
3745-3749 SE 127th Pl Unit 3749 Portland, OR	3.0	2.5	1467	$2,195	$1.50	7d	1	0.75mi
6439 SE 143rd Ct #1 Portland, OR	3.0	2.5	1545	$2,395	$1.55	43d	1	0.79mi
13066 SE Powell Blvd Unit 10 Portland, OR	2.0	2.0	1100	$1,550	$1.41	24d	1	0.82mi
12231 SE Bush St Unit 83 Portland, OR	2.0	2.0	930	$1,450	$1.56	24d	1	0.85mi
13062 SE Powell Blvd Apt 6 Portland, OR	2.0	2.0	1100	$1,550	$1.41	43d	1	0.86mi
13746 SE Powell Blvd Portland, OR	2.0–3.0	1.0	763	$1,325	$1.74	3d	2	0.90mi
12550 SE Powell Blvd Portland, OR	1.0–3.0	1.0–2.0	1075	$2,300	$2.14	2d	2	0.90mi
12008 SE Bush St Portland, OR	2.0	2.0	1036	$1,700	$1.64	43d	1	0.92mi
11908 SE Foster Rd Portland, OR	3.0	2.0	1300	$2,595	$2.00	43d	1	0.93mi
13938 SE Powell Blvd Unit 2 Portland, OR	2.0	1.0	900	$1,535	$1.71	43d	1	0.96mi
3315 SE 127th Pl Unit 1 Portland, OR	2.0	1.0	1346	$1,595	$1.18	11d	1	0.97mi
3228 SE 136th Ave Portland, OR	2.0–3.0	1.5	1058	$1,597	$1.51	4d	4	0.98mi
3208 SE 136th Ave Unit 45 Portland, OR	2.0	1.5	900	$1,397	$1.55	24d	1	0.99mi
3208 SE 136th Ave Unit 3 Portland, OR	3.0	1.5	1217	$1,597	$1.31	24d	1	0.99mi
3810 SE 117th Pl Portland, OR	3.0	2.5	1378	$2,445	$1.77	24d	1	1.00mi
3414 SE 143rd Ave Portland, OR	2.0	2.0	1000	$1,650	$1.65	7d	2	1.01mi
3540 SE 119th Ave Unit 4 Portland, OR	2.0	2.0	900	$1,550	$1.72	24d	1	1.04mi
3223 SE 122nd Ave Unit A-B Portland, OR	4.0	2.5	1572	$2,495	$1.59	43d	1	1.12mi
7148 SE 118th Dr Portland, OR	2.0	1.0	1400	$3,900	$2.79	43d	1	1.17mi
11041 SE Holgate Blvd Portland, OR	2.0	2.5	1048	$1,795	$1.71	24d	1	1.18mi
12616 SE Taggart St Portland, OR	3.0	1.5	1329	$2,295	$1.73	7d	1	1.20mi
3318 SE 148th Ave Portland, OR	2.0	1.5	950	$1,750	$1.84	17d	1	1.20mi
3224 SE 134th Ave Portland, OR	2.0	1.0	965	$1,450	$1.50	2d	1	1.22mi
15110 SE Evergreen Dr Portland, OR	4.0	2.0	1650	$3,400	$2.06	11d	1	1.25mi
15075 SE Powell Blvd Apt 4 Portland, OR	3.0	3.5	1500	$2,395	$1.60	43d	1	1.27mi
15075 SE Powell Blvd Portland, OR	3.0	3.5	1500	$2,295	$1.53	4d	3	1.27mi

Listing history 31 events

1. 2026-06-18
   days on market $145,000 Active 474 DOM
2. 2026-06-17
   days on market $145,000 Active 473 DOM
3. 2026-06-16
   days on market $145,000 Active 472 DOM
4. 2026-06-15
   days on market $145,000 Active 471 DOM
5. 2026-06-13
   days on market $145,000 Active 469 DOM
6. 2026-06-09
   days on market $145,000 Active 465 DOM
7. 2026-06-08
   days on market $145,000 Active 464 DOM
8. 2026-06-07
   days on market $145,000 Active 463 DOM
9. 2026-06-05
   days on market $145,000 Active 460 DOM
10. 2026-06-03
    days on market $145,000 Active 459 DOM
11. 2026-06-02
    days on market $145,000 Active 458 DOM
12. 2026-06-01
    days on market $145,000 Active 457 DOM
13. 2026-05-31
    days on market $145,000 Active 456 DOM
14. 2026-01-23
    status Active 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

15. 2026-01-09
    status Pending 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

16. 2026-01-06
    status Active 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

17. 2025-11-06
    price $145,000 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

18. 2025-07-22
    price $155,000 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

19. 2025-06-04
    price $165,000 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

20. 2025-03-27
    price $169,000 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

21. 2025-02-12
    listed $175,000 Active 470-char remark

    Show marketing remark (470 chars)

    Beautifully updated home. Very tastefully done. Very Appealing decor with light quartz counters, popular color laminate floors throughout. Expanded white tile back splash in kitchen. Undermount stainless steel sink with instant hot water. Upscale, updated, remodeled bathrooms. Custom electric fireplace with multicolored dancing lighted flames. New roof and heat pump for central AC. New hot water heater. Office space. You will want to live here. Financing available.

22. 2023-06-16
    soldstatus $73,000 Closed 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

23. 2023-05-29
    status Pending 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

24. 2023-05-15
    price $77,500 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

25. 2023-05-01
    status Active 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

26. 2023-04-22
    status Active 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

27. 2023-04-04
    status Pending 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

28. 2023-03-22
    price $79,985 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

29. 2023-02-21
    status Active 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

30. 2023-02-09
    status Pending 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

31. 2023-01-06
    listed $110,000 Active 477-char remark

    Show marketing remark (477 chars)

    Spacious home, Fixer, 1404SF. Income must be $2775/Mo for park approval. All kitchen appliances, washer, dryer and ladders included in sale. Soaking Tub. Furnace new 2021. Newer front door. Newer plumbing under kit sink. Wtr Htr 10 yrs old. Lrg Mstr Br with nook could be office or baby rm. 2 window AC. Elec in shed. All new window screens. Possession 21 days after closing. $1800 Park Deposit upon closing. Needs roof and some other repairs. Make offer. All cash to purchase.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

• Current annual tax: $470 · $39/mo
• Projected year-2 tax: $1,406 · $117/mo
• Expected delta: +$937/yr (+$78/mo · 199.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 23 unhealthy d/yr today · 27 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,832
• − Mortgage interest: −$8,122
• − Property taxes: −$470
• − Insurance: −$725
• − Repairs & maintenance: −$2,067
• − Management: −$2,067
• − Depreciation: −$4,218
• Taxable income: $8,164
• Est. tax owed @ 24.0%: −$1,959
• After-tax cash flow: $8,129/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: David Douglas SD 40
• NCES district ID: 4103940
• Math proficiency: 34% ▲ 1.00%
• Reading proficiency: 49% ▲ 1.00%
• Median HH income: $42,781
• Composite: 37.38/100
• National rank: #8926
• State rank: #99 of 183 in OR

Livability — Portland

• Score: 77/100
• State rank: #72
• US rank: #3256

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A Housing B+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Portland, OR
• County: Multnomah County · 786,692 people
• City population: 774,334
• Metro: Portland-Vancouver-Hillsboro, OR-WA
• Population (ZIP): 37,558
• Household income: $75,090
• Rent vs Own: 41.6% rent · 58.4% own
• Severe rent burden: 1744.0

Population outlook (Multnomah County) Hauer SSP2

• Today (2025): 930,825 people
• By 2030: 996,904 · +7.1%
• By 2040: 1,121,379 · +20.5%
• By 2050: 1,242,124 · +33.4%
• By 2075: 1,464,431 · +57.3%
• By 2100: 1,576,181 · +69.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 51% Hispanic / Latino 21% Asian 13% Two or more races 12% Black 9% Pacific Islander 1%
• Hispanic origin (detail): Mexican 15% Cuban 1%
• Common ancestry: Italian 3% Scotch-Irish 2% Subsaharan African 2%
• Foreign-born: 25% · Canada, Vietnam, China
• Languages at home: 63% English-only · Spanish 16% Vietnamese 6% Russian/Polish/Slavic 5%

Political lean MEDSL · Multnomah

• 2024 margin: Solid D (+62.1) · D 79.3% · R 17.2% · Other 3.5%
• 2008→2024 swing: +6.0pp toward D · 2008: 56.1pp · 2024: 62.1pp
• All cycles: 2024: D+62.1 2020: D+61.3 2016: D+58.3 2012: D+54.9 2008: D+56.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -334.44%
• Current HPI: 289.931
• Rent YoY: ▲ 1.64%
• Metro: Portland-Vancouver-Hillsboro, OR-WA
• State GDP YoY: ▲ 2.05%
• F500 in state: 2

Industry mix (Fortune 500 HQ in OR)

Industry	F500 HQs	Revenue
▸Consumer Goods	1	$51B

Price history

+31.8% since first listed

18 events — show timeline

• 2026-01-23 Relisted — RMLS
• 2026-01-09 Pending — RMLS
• 2026-01-06 Relisted — RMLS
• 2025-11-06 Price Changed $145,000 RMLS
• 2025-07-22 Price Changed $155,000 RMLS
• 2025-06-04 Price Changed $165,000 RMLS
• 2025-03-27 Price Changed $169,000 RMLS
• 2025-02-12 Listed $175,000 RMLS
• 2023-06-16 Sold (MLS) $73,000 RMLS
• 2023-05-29 Pending — RMLS
• 2023-05-15 Price Changed $77,500 RMLS
• 2023-05-01 Relisted — RMLS
• 2023-04-22 Relisted — RMLS
• 2023-04-04 Pending — RMLS
• 2023-03-22 Price Changed $79,985 RMLS
• 2023-02-21 Relisted — RMLS
• 2023-02-09 Pending — RMLS
• 2023-01-06 Listed $110,000 RMLS

Property tax history

-3.5%/yr

Latest (2025): $470 · +13.0% YoY. Source: county tax records.