$6,116 Closing Credit¹
#767340896, Nicole Richards, Listing office: eXp Realty, LLC
$780,000 List price
51055109 SE Tibbetts St Portland, OR 97206
$9,263
Closing credit¹
3,420 sqft
$228 / sqft
House
Property details
About 51055109 SE Tibbetts St
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
Highlights
Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,420 sqft
BasementYes
Year built1956
ParkingCarport, Street Parking
MLS #331659176
ViewSeasonal View
Summary
- Basement: Yes
- Flooring Type: Hardwood
- Attached Garage: No
- Parking: Carport, Street Parking
- View: Seasonal View
- Heating: Forced Air
- Cooling: Central Air
- List Price: $780,000
- Price/SqFt: $228
- Lot: Corner Lot, Level
- Directions: S from Division on 51st
- Year Built: 1956
- Living Area: 3,420 SqFt
- MLS Number: 331659176
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Urban Nest Realty
- Office Phone: (503) 432-8126
- Listing Agent: Michael Kafoury
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: 6/26/2025, 1:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$780,000
51055109 SE Tibbetts St
$9,263
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Meadows Elementary School
Public District KG-5
0.1 mi
•18009 SE Brooklyn St
1
Powell Butte Elementary School
Public District KG-5
0.6 mi
•3615 SE 174th Ave
4
Patrick Lynch Elementary School
Public District KG-5
0.9 mi
•1546 SE 169th Pl
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 $50,000. Residents of Portland, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
37%
<35k
53%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
15%
Single, with Kids
26%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 51055109 SE Tibbetts St
The listing price of 51055109 SE Tibbetts St property is $780,000.
The property 51055109 SE Tibbetts St is a house located in Portland, Oregon, 97206.
Active Listing: 51055109 SE Tibbetts St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 51055109 SE Tibbetts St are: Meadows Elementary School (GreatSchools Rating 5/10), Powell Butte Elementary School (GreatSchools Rating 1/10), Patrick Lynch Elementary School (GreatSchools Rating 4/10), Centennial Middle School (GreatSchools Rating 3/10), Rockwood Preparatory Academy (GreatSchools Rating 6/10), Oliver Middle School (GreatSchools Rating 5/10), Centennial High School (GreatSchools Rating 4/10), Metro East Web Academy (GreatSchools Rating 5/10), Gresham High School (GreatSchools Rating 3/10).
The property at 51055109 SE Tibbetts St has 0 bathroom.
The property 51055109 SE Tibbetts St is 3,420 SqFt (source: MLS/tax record).
The year of construction for 51055109 SE Tibbetts St is 1956.
This home is located at 51055109 SE Tibbetts St in Portland, OR and zip code 97236 in the Wistful Vista neighborhood. This 3,420 square foot home was built in 1956. Features: 0 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $780,000.
In May 2025 more than 441 listings in Portland, OR were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 285 were sold below. Between April and May 2025, Portland, OR real estate market has seen increase in the number of listings by 15.4%. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.
From Rocket Homes Real Estate and based on county public records data.