5013 Southwest View Point Terrace

Sold 1/31/25
Sold 1/31/25
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Unit #1
Living Room
Kitchen/Living Room
Kitchen
View
Bedroom
Bedroom
Bedroom
Bedroom
Bathroom
Bedroom
Bedroom
Family Room
Bedroom
Laundry
Unit #2
Living Room/Entrance
Living Room
Kitchen
Kitchen
Kitchen/Living Room
Bedroom
Bedroom
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Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bathroom
Bedroom
Bedroom
Laundry
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Last Sold Price
$1,660,000
8,365 sqft$198/sqft
5013 SW View Point Ter, Portland, OR 97239

Description

Seller will carry a first position loan at terms to be provided! 6.12 Cap Rate! 5 Unit apartment community in the heart of SW Portland, John's Landing & South Portland neighborhood. Minutes to downtown Portland & ideal for owner occupy! The property's 1, 3 & 4 bedroom units feature large floor plans, fully equipped kitchens w/stainless appliances, fireplaces, A/C, in-unit washer & dryer, patios or balconies & attached garages. Photos of Unit 5017 is 1900 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms...Seller will carry a first position loan at terms to be provided! 6.12 Cap Rate! 5 Unit apartment community in the heart of SW Portland, John's Landing & South Portland neighborhood. Minutes to downtown Portland & ideal for owner occupy! The property's 1, 3 & 4 bedroom units feature large floor plans, fully equipped kitchens w/stainless appliances, fireplaces, A/C, in-unit washer & dryer, patios or balconies & attached garages. Photos of Unit 5017 is 1900 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms & river views. Photos of Unit 5021 is 2200 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms and 2 car garage. Minutes to mass transit, freeways, shopping & recreation. Seller financing available, terms to be provided upon request. Additional utility offset paid by tenants $44 per person in each unit. Currently is $704 per month. Most units are nicely updated. Do not disturb tenants, Showing subject to Buyer qualifications and acceptable offer.
LISTING CLOSED: 01/31/2025 12:00 AM

  1. Listed by Peter Jameson • J Residential Properties
  2. Listed by Erin Jameson Maher • J Residential Properties

Property Details for 5013 Southwest View Point Terrace

Status
Sold
MLS #
24024738
Days on Market
122
Taxes
$20,256 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1979
Lot Size
0.23 AC / 10,018 SF
County
Multnomah County
Subdivision
SOUTH PORTLAND
Parking Features
Garage, Off Street
Zoning
R1
View
Mountain, River, Valley
Garage Spaces
6.00
Parking Total
5.00
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Location

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Building Information for 5013 Southwest View Point Terrace

Stories2Residences5Year Built1979Building Size-Lot Size0.23 AC / 10,018 SF

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$10,126 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,438

Property Taxes

$1,688

HOA Dues

$0

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Property Information for 5013 Southwest View Point Terrace

Summary
Location and General Information
  • Country: US
  • Directions: Macadam to Mitchell to Viewpoint
  • Road Surface: Concrete
School Information
  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Management Name: TMG Jordan Miller
  • Tax Year: 2023
  • Tax Annual Amount: $20,256.38
  • Parcel Number: R285411
  • Tax Legal Description: TERWILLIGER HMSTD, BLOCK 14, LOT 2&3
Property
Lot Information
  • Acres: 0.23
  • Lot Description: Sloped
  • Lot Size Square Feet: 10018.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1979
Utilities
  • Cooling Description: Central Air, Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Forced Air90, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Panel, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Daylight, Finished
  • Foundation Details: Block, Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $164,100.00
  • Gross Income Projected: $182,274.00
  • Gross Rent Multiplier: $10.66
  • Investor Information: Leases, Profit Loss Statement
  • Net Income Actual: $107,044.00
  • Net Income Projected: 124128
  • Operating Expenses Projected: $58,146.00
  • Operating Expense: $57,056.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • SqFt Approximate Building Total: 8365
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,485
  • Unit Type 1 SqFt: 630.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
  • Unit Type 2 Rent: $2,425
  • Unit Type 2 SqFt: 1635.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Baths Decimal: 2.10
  • Unit Type 3 Beds Total: 4
  • Unit Type 3 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
  • Unit Type 3 Rent: $2,995
  • Unit Type 3 SqFt: 1950.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 3
  • Unit Type 4 Baths Decimal: 2.10
  • Unit Type 4 Beds Total: 4
  • Unit Type 4 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
  • Unit Type 4 Rent: $3,200
  • Unit Type 4 SqFt: 1950
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 3
  • Unit Type 5 Baths Decimal: 2.10
  • Unit Type 5 Beds Total: 4
  • Unit Type 5 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
  • Unit Type 5 Rent: $3,475
  • Unit Type 5 SqFt: 2200.0
  • Unit Type 5 Units Total: 1

Public Records for 5013 Southwest View Point Terrace

Taxable ValueLand-Additions-Total-
Tax Record2017$16,013 ($1,334 / month)
Home Facts
Baths8Above Grade Finished SqFt5,696 SqFtFinished Basement SqFt2,774 SqFtUnfinished Basement SqFt2,774 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1979ZoningR1CountyMULTNOMAHAPNR285411

Schools near 5013 Southwest View Point Terrace

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Capitol Hill Elementary School
Public - K to 5
Jackson Middle School
Public - 6 to 8
Ida B. Wells-Barnett High School
Public - 9 to 12
Portland Village School
Charter - K to 8
Rating
School
Distance
Capitol Hill Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Portland Village School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of J Residential Properties

All 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 Compass 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: 01/31/2025 03:42 PM