5405 SE LAFAYETTE ST, Portland, OR 97206 | MLS #439731831 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of John L. Scott- MLS# 439731831MLS Provider

5405 SE LAFAYETTE STPortland, OR 97206

Multi-Family · 3,300 Sq. ft. | 0.12 Acres
$839,999 Active

5405 SE LAFAYETTE ST Overview

Time on Site:
307 days
Visits:
11

Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you the option to move in and let the other tenants help pay your mortgage, or set your own rent.

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5405 SE LAFAYETTE ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,300
  • Price/Sq.ft. $255
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Creston
  • Middle Or Junior School: Hosford
  • High School: Franklin

Income/Expenses

  • Gross Income: 36940.0
  • Net Operating Income: 30728.0
  • Operating Expense: 14859.0

Building Information

  • Year Built: 1970

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Community/Development

  • Community Features: All Landscaping,Front Yard Landscaping

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 8646.54

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R229040
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: RM2

Interior

Building Interior

  • Building Area Total: 3300.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Baseboard,Radiant,Wall Furnace
  • Security Features: None,Security Lights
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Assigned,Off Street

Lot Information

  • Lot Features: Level,Public Road,Seasonal
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 2x50x100
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

5405 SE LAFAYETTE ST Neighborhood

Community

97206 (Portland) Demographics

38
Median Age
8,299
Population Density (per sq. mile)
50%
College Educated
$72,463
Estimated Median Income
13,816
Estimated Total Home Owners
7,395
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5405 SE LAFAYETTE ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5405 SE LAFAYETTE ST Market Data

Based on the last 30 days in this zip code

$479,414
Average List Price
$334
Average Price per Square Foot
53
Properties Sold
86
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

5405 SE LAFAYETTE ST History

Date Event Value Agent
9/30/2025Source: Regional MLS Price Reduction
$839,999 -15.2%
8/26/2025Source: Regional MLS Added to Database
August 26, 2025