7 days on Rocket
$10,000 Closing Credit¹
#651352074, Victor Wang, Listing Office: MORE Realty
$1,699,000 List price
5516 NE 48th Ave Portland, OR 97218
$10,000
Closing credit¹
7,250 sqft
0.4 acres
$234 / sqft
House
Property details
About 5516 NE 48th Ave
Seven unit apartment complex with large two and three bedroom flats and townhomes. One unit has an attached garage. All apartments have washer/dryer hookups. Same owner for last 10 year and history of high occupancy. Owner is a real estate broker in Oregon.
Highlights
Home typeOther
StatusActive
Size7,250 sqft
Lot size0.41 Acres
Year built1975
ParkingAssigned
MLS #786924992
Summary
- Basement: No
- Attached Garage: No
- Parking: Assigned
- List Price: $1,699,000
- Price/SqFt: $234
- Lot: Level
- Directions: E on Killingsworth, N on NE 48th
- Year Built: 1975
- Stories: 2
- Living Area: 7,250 SqFt
- Lot Size: 0.41 Acres
- MLS Number: 786924992
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: GA Cooke Real Estate Services
- Office Phone: (503) 612-9282
- Listing Agent: Glenna Cooke
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: 5/19/2025, 9:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,699,000
5516 NE 48th Ave
$10,000
closing credit¹
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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
Rigler School
Public District KG-5
0.6 mi
•5401 NE Prescott St
6
Scott Elementary School
Public District KG-5
1.1 mi
•6700 NE Prescott St
10
Alameda Elementary School
Public District KG-5
1.6 mi
•2732 NE Fremont St
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 $39,295. The most common annual income of people living in Portland, OR is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
46%
<35k
32%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5516 NE 48th Ave
The listing price of 5516 NE 48th Ave property is $1,699,000.
The property 5516 NE 48th Ave is a house located in Portland, Oregon, 97218.
Active Listing: 5516 NE 48th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5516 NE 48th Ave are: Rigler School (GreatSchools Rating 5/10), Scott Elementary School (GreatSchools Rating 6/10), Alameda Elementary School (GreatSchools Rating 10/10), Beaumont Middle School (GreatSchools Rating 7/10), Faubion School (GreatSchools Rating 5/10), Vernon Elementary School (GreatSchools Rating 8/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10), Jefferson High School (GreatSchools Rating 8/10).
The property at 5516 NE 48th Ave has 0 bathroom.
The property 5516 NE 48th Ave is 7,250 SqFt (source: MLS/tax record).
The year of construction for 5516 NE 48th Ave is 1975.
This home is located at 5516 NE 48th Ave in Portland, OR and zip code 97218 in the Cully neighborhood. This 7,250 square foot home, which was built in 1975, sits on a 0.41 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $1,699,000.
In April 2025 more than 338 listings in Portland, OR were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 313 were sold below. The number of listings in Portland, OR increased by 18.3% between March and April 2025. While the average time on the market in April 2025 was 48 days, the median list price was $549,429.
From Rocket Homes Real Estate and based on county public records data.