For SaleRisky Deal0 days on market
1847 SE 56th Ave
1847 SE 56th Ave, Portland, OR 97215, Portland, OR 97215
$850,000
Listing Price
1847 SE 56th Ave, Portland, OR 97215
Loc: Portland, OR
Days Listed
0
Tax Assessed
$798k
Lot Size
7,405 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Atkinson Elementary School
K-5
0.3 mi away
9
Harrison Park School
6-8
1.5 mi away
6
Franklin High School
9-12
0.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmantraditionalwood sidingdormer windowsgabled rooffront porchlandscapedcozywell-maintainedresidentialtwo-storyshaded entrywayinvitinglush foliage
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.1%
Cash Flow
$-68/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-68/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Portland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $850,000 | $272 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,998.26 | $333,950 |
| 2024 | $8,674.9 | $324,230 |
| 2023 | $8,341.51 | $314,790 |
| 2022 | $8,161 | $305,630 |
| 2021 | $8,022.85 | $296,730 |
| 2020 | $7,359.86 | $288,090 |
| 2019 | $7,089.25 | $279,700 |
| 2018 | $7,089.25 | $271,560 |
| 2017 | $6,880.82 | $263,660 |
| 2016 | $6,035.63 | $255,990 |
| 2015 | $6,035.63 | $248,540 |
| 2014 | $5,877.26 | $241,310 |
| 2013 | $5,654.21 | $234,290 |
| 2012 | $5,115.12 | $227,470 |
| 2011 | $4,922.44 | $220,850 |
| 2010 | $4,670.39 | $214,420 |
| 2009 | $4,548.23 | $208,180 |
| 2008 | $4,292.03 | $202,120 |
| 2007 | $4,279.24 | $196,240 |
| 2006 | $3,842.83 | $190,530 |
| 2005 | $3,670.49 | $184,990 |
| 2004 | $3,997.85 | $179,610 |
| 2003 | $3,909.37 | $174,380 |
| 2002 | $3,590.35 | $169,310 |
| 2000 | $3,343.78 | $159,600 |
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