5511 55thPortland, OR 97218

  • Residential income properties
  • 4,828 SF
Off market
$504,401 Estimated

Property Details for 5511 55th

Year built
1963
Construction
FRAME
Lot size
0.37 AC
Property size (Sq ft)
4,828 SF
Zone code
R2H
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
1N2E18DC 07000
APU
1N2E18DC07000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,644,312
    6.5%
    $1,517,827
    7%
    $1,409,411
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,441,153
    Geo Method
    $1,441,153
  • Alternative Use

    Use
    Valuation
    Residential
    $1,517,827
    Hospitality
    $1,390,321
    Educational
    $1,156,731
    Medical
    $1,196,513
    Retail
    $1,799,359
5511 55th, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5631
Longitude
-122.606
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $416,860
  • Tax year
    2023
  • Tax bill
    $11,046

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