2 days on Rocket
$6,234 Closing Credit¹
#456063668, Drew Coleman, Listing Office: Opt
$495,000 List price
408 SE 99th Ave Portland, OR 97216
$5,878
Closing credit¹
House
Property details
About 408 SE 99th Ave
***Ask About the 5.25% Assumable Rate***Freshly renovated triplex in a prime location with quick easy access to I-205. This versatile investment property offers a well-balanced unit mix: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Unit A has been fully renovated, while Units B and C provide an excellent value-add opportunity. With one unit currently vacant, this is a perfect option for an owner-occupant looking to take advantage of a low down payment loan while generating rental income. Don’t miss this opportunity to own a high-potential, well-located investment property!
Highlights
Home typeOther
HeatingForced Air
StatusActive
Year built1941
ParkingDriveway, Street Parking
MLS #295480407
ViewSeasonal View
Summary
- MLS Number: 295480407
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: SMI Commercial Real Estate LLC
- Office Phone: (503) 390-6060
- Listing Agent: Sabrina James
The 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 © 2025 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: 4/28/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
408 SE 99th Ave
$5,878
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 2023 | Home Sold | $440,000 |
| Jun 30, 2021 | Home Sold | $300,000 |
| Mar 30, 2012 | Home Sold | $120,000 |
| Sep 29, 2009 | Home Sold | $99,000 |
| Jun 02, 2009 | Home Sold | $179,340 |
| Oct 18, 2006 | Home Sold | $210,000 |
| May 29, 1998 | Home Sold | $120,000 |
| Apr 25, 1995 | Home Sold | $73,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $194,670 | $4,575 |
| 2022 | $189,000 | $4,337 |
| 2021 | $183,500 | $4,337 |
| 2020 | $178,160 | $4,265 |
| 2018 | $167,950 | $3,626 |
| 2017 | $163,060 | $3,492 |
History based on county public records data.
Nearby schools
5
Cherry Park Elementary School
Public District PK-5
0.8 mi
•1930 SE 104th Ave
3
Ventura Park Elementary School
Public District PK-5
0.9 mi
•145 SE 117th Ave
7
Vestal Elementary School
Public District KG-5
0.9 mi
•161 NE 82nd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,905. The majority of Portland, OR residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
56%
<35k
39%
35k-100k
3%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
6%
Single, with Kids
22%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
22%
35-64 yrs old
41%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 408 SE 99th Ave
This home is located at 408 SE 99th Ave in Portland, OR and zip code 97216 in the East Portland neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $495,000.
While more than 260 listings in Portland, OR in March 2025 were sold above asking price, there were more than 174 listings sold at asking price, and more than 254 were sold below. The inventory of homes for sale in Portland, OR between February and March 2025 increased by 11.5%. In March 2025 median list price was $547,107 and the average listing age was 58 days.
From Rocket Homes Real Estate and based on county public records data.