5103 NE 42nd Ave

Portland, OR 97218

$870,000
Price
6
Beds
2,603 Sq. Ft.
$334 / Sq. Ft.
2,603
Sq. Ft.
$334
per Sq. Ft.

Description

Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos...Calling all investors! Triplex in vibrant NE location! 5101, 5103 & 5115 NE 42nd Ave Three -- 2 bdrm/1 bath units w/approx. 800 sf each. New to investing? Live in one unit/rent out two. Seasoned investor? Take advantage of immediate income and future development potential with Portland's SDC waiver. 2 of 3 units with full remodels, gas furnace & water heater. Huge 100' X 100' level lot, covered parking & garbage, lg grassy area. Fantastic location just steps from pubs, pizza, pastries, coffee, tacos and so much more! Easy access to freeways & transit. Convenient to hot Concordia & Alberta Arts neighborhoods. Do not walk property or disturb tenants.
  1. Listed by Heidi Torkko • Real Broker • Heidi@HeidiTorkko.com

Property Details for 5103 Northeast 42nd Avenue

Style
Other
Parking Features
Carport, On Street
Zoning
RM2
Garage Spaces
6.00
Parking Total
6.00
LISTING UPDATED: 12/12/2025 12:25 AM

Property Details for 5103 Northeast 42nd Avenue

StatusActive
MLS #113398354
Days on Market52
Taxes$6,758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached
Year Built1946
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 5103 Northeast 42nd Avenue

Stories1Year Built1946Building Size-Lot Size-

Payment Calculator

$4,862 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,299

Property Taxes

$563

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5103 Northeast 42nd Avenue

Summary
Location and General Information
  • Accessibility Features: Minimal Steps, One Level, Utility Room On Main
  • Country: US
  • Directions: 84 - N on NE 33rd Ave, R on NE Freemont St, L on 42nd Ave, property on left.
  • Road Surface: Paved
School Information
  • Elementary School: Vernon
  • High School: Grant
  • Middle Or Junior School: Vernon
Parking
  • Garage Type: Carport, Oversized
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $6,758.34
  • Parcel Number: R181102
  • Tax Legal Description: HILTON, BLOCK 5, LOT 1&2 EXC PT IN ST
Property
Lot Information
  • Lot Description: Level
  • Lot Size Dimension: 100 x 100
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
  • SqFt Source: tax record
Property and Assessments
  • Property Sub Type: Attached
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1946
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Baseboard, Forced Air
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Yard
  • Roof Type: Composition
Interior Features
  • Window Features: Aluminum Frames, Vinyl Frames
  • Interior Features: Laminate Flooring, Vinyl Floor, Wallto Wall Carpet
  • SqFt Calculated: 2603
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 2603
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 6
  • Stories: 1
  • Baths Total: 3.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Bedroom 3
  • Room Description: _3rd Bedroom
Dining Room
  • Room Description: Dining Room
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Free Standing Range, Free Standing Refrigerator
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 3
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 3.0
  • Bathrooms Full: 3
  • Baths Partial: 0
  • Total Bathrooms: 3
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 2603

Public Records for 5103 Northeast 42nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2019$5,324 ($444 / month)
Home Facts
Beds6Baths3Total Finished SqFt2,603 SqFtAbove Grade Finished SqFt2,603 SqFtStories1Lot Size9,000 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1946ZoningR1AHCountyMULTNOMAHAPNR181102

Schools near 5103 Northeast 42nd Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vernon Elementary School
Public - PK to 8
Jefferson High School
Public - 9 to 12
Leodis V. McDaniel High School
Public - 9 to 12
Kairos PDX
Charter - K to 5
Rating
School
Distance
Vernon Elementary School
PublicPK to 8

Jefferson High School
Public9 to 12

Leodis V. McDaniel High School
Public9 to 12

Kairos PDX
CharterK to 5

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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 5103 Northeast 42nd Avenue, Portland, OR 97218

5103 Northeast 42nd Avenue is a single family home for sale in Portland, OR 97218. This property was listed for sale on October 21, 2025 by Real Broker, it's currently listed at $870,000. This listing's school district is Portland School District 1j. Nearby schools include Vernon Elementary School, Jefferson High School and Leodis V. McDaniel High School. 5103 Northeast 42nd Avenue is a 6-bed, 3-bath, 2,603 sqft single family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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 © 2025 RMLS, Portland, Oregon. Last updated: 12/12/2025 12:25 AM