485 NE Jessup St, Portland, OR 97211

Local realty services provided by:Knipe Realty ERA Powered
485 NE Jessup St,Portland, OR 97211
$4,495,000
  • - Beds
  • - Baths
  • 9,860 sq. ft.
  • Multi-family
  • Active
Listed by: jordan tietz
Office: kelly right real estate of portland, llc.503-719-6056
MLS#:792494151
Source:PORTLAND

Price summary

  • Price:$4,495,000
  • Price per sq. ft.:$455.88

About this home

Twelve unit complex in prime location in Vernon. Seller is willing to offer partial seller financing to help make the terms/ROI more desirable. Twelve units built as new construction in 2025. All units are 2BR/1BA, 685 s.f. Units are all rented on long-term leases. New construction units feature open floor plans, large windows, high end appliances, modern kitchens and tasteful finishes. Listing agent is seller. Call with any questions.

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Home facts

  • Year built:2025
  • Listing ID #:792494151
  • Added:1 day(s) ago
  • Updated:May 15, 2026 at 12:33 PM

Rooms and interior

  • Basement Description:Finished, Separate Living Quarters/apartment/aux Living Unit
  • Living area:9,860 sq. ft.

Heating and cooling

  • Heating:Mini Split

Structure and exterior

  • Roof:Composition
  • Year built:2025
  • Building area:9,860 sq. ft.
  • Lot Features:Private
  • Foundation Description:Concrete Perimeter, Pillar Post Pier
  • Levels:3 Stories

Schools

  • High school:Jefferson
  • Middle school:Harriet Tubman
  • Elementary school:MartinL King Jr

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,495,000
  • Price per sq. ft.:$455.88
  • Tax amount:$3,420 (2025)

Parking

  • Parking description:On street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 15, 2026