Shawn Realty 503-515-4499
2121 SE 50TH AVE, Portland, OR 97215
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- Year Built
- 1968
- County
- Multnomah
- Annual Tax
- $10,452 (2025)
- HOA
- None
- Days on Market
- 43 days
- Open House
- None scheduled
Monthly payment
$6,194 per month
- Principal & interest$5,146
- Property taxes$871
- HOA dues$0
- Home insurance$177
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($85,000) on $850,000; loan $765,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $871/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $177/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Fantastic opportunity to own a well maintained fourplex in a highly desirable Southeast Portland location near Hawthorne and Mt. Tabor. Whether you are looking for an investment property or the opportunity to live in one unit while collecting rental income from the others, this property offers flexibility, strong existing income, and long term potential.The building has been thoughtfully maintained with a newer roof (2021), new gutters (2024), fresh exterior paint completed September 2026, off street parking, and relatively low operating expenses. Unit 3 has been beautifully renovated with LVP flooring, an updated kitchen and living area, subway tile, new countertops, and appliances. Units 1, 2, and 4 retain much of their original character, are well maintained, and offer opportunities for future updates.Enjoy a walkable Southeast Portland location close to restaurants, cafés, shops, parks, and neighborhood favorites, with Mt. Tabor and Hawthorne nearby. A great opportunity to invest in a well cared for property with established rental income and future potential.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Lot Size (acres) | 0.11 |
| Lot Size (sq ft) | 4791 |
| Year Built | 1968 |
| County | Multnomah |
| Elementary School | Glencoe |
| Middle School | Mt Tabor |
| High School | Franklin |
| Heating | Baseboard |
| Cooling | None |
| Roof | Composition |
| View | No |
| Parking | Paved |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $10,452 |
| Tax Year | 2025 |
| Original List Price | $850,000 |
| RMLS # | 157877053 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Justine Syck • Move Real Estate Inc
Listing updated: Oct 8, 2026 at 12:33pm
Source: RMLS #157877053
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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty