Off Market243d on market

5655 SE 123rd Ave

Portland, OR, 97236 • Powellhurst Gilbert • Multnomah County

$289,300

$526/sqft

2Beds

1Baths

550Sqft

0.05 acLot

1953Built

Property DNA

1 highlights

Outdoor Living

Patio

Market activity

Demand and pricing signals for this listing

7 views

People checking out this listing

243 days on market

Established listing

$526/sqft

Price per square foot

About this home

Multi Family · Built 1953

Two bedroom, 1 bath apartment now available for rent! Unit features updated floors, shared yard with raised garden beds, off street parking, shared laundry onsite and much more! Year lease. Water/Sewer/Garbage included! Tenants responsible for electricity service. Pets are ok with additional rent and deposits listed below. Pet Rent: $25 a month per pet Pet Deposit: $500 for first pet. $250 for second pet

Standout features identified

Our analysis highlights updated floors, off street parking, and shared laundry onsite as key attractions of this home.

Estimated monthly payment

Based on current rates

$1,835/month

Principal & Interest$1,449

Property Tax$289

Insurance$96

Down payment20% ($57,860)

3%50%

Est. 6.41% rate · 30yr fixed · $231,440 loan

Full calculator →

At a glance

Key facts and listing details

TypeMultiFamily

Year Built1953

HeatingElectric, Wall Furnace

CoolingNone

Parking1 Parking space

Property

Home typeMulti Family

Sub-typeMultiFamily

Year built1953

Systems

HeatingElectric, Wall Furnace

CoolingNone

Parking & Outdoor

ParkingOff Street, Other, On Street

Lot2,221 sqft

Location & Tax

NeighborhoodPowellhurst Gilbert

Bathrooms & Fees

Full baths1

Features & details

9 categories of property features

Interior Features

Appliances

Freezer

Range Oven

Refrigerator

Heating

Electric

Wall Furnace

Cooling

None

Laundry

Shared

Exterior Features

Exterior

Electricity not included in rent

Garbage included in rent

Garden

Heating system: Wall

Heating: Electric

Sewage included in rent

Water included in rent

Parking

Off Street

Other

On Street

Patio & Porch

Patio

Lot Features

Near Public Transit

Utilities

Garbage

Sewage

Water

Listing insights

Market data and value estimates

StatusOff Market

Days on market243

Est. value$289,300

Est. rent$1,296/mo

Tax rate0.96%

Price/sqft$526

On marketJul 31, 2025

PostedAug 1, 2025

MLS updatedSep 2, 2025

Tour days6

How are the schools in Portland?

3 schools rated nearby

Gilbert Park Elementary School

Elementary • Public • K-5

0.4 mi

Alice Ott Middle School

Middle • Public • 6-8

0.2 mi

David Douglas High School

High • Public • 9-12

2.4 mi

Location

Portland, OR, 97236

Expand map

Price history

15 events

DateEventPrice$/sqftSource

Sep 4, 2025Listing Removed$1,200$2Zillow Rentals

Aug 25, 2025Price Change$1,200$2Zillow Rentals

Aug 8, 2025Price Change$1,250$2Zillow Rentals

Jul 2, 2025Listed For Rent$1,300$2Zillow Rentals

May 31, 2024Listing Removed——Zillow Rentals

May 29, 2024Price Change$1,250$2Zillow Rentals

Apr 15, 2024Price Change$1,300$2Zillow Rentals

Apr 6, 2024Price Change$1,350$2Zillow Rentals

Mar 19, 2024Price Change$1,400$3Zillow Rentals

Mar 15, 2024Listed For Rent$1,450$3Zillow Rentals

Dec 2, 2021Listing Removed——Zillow Rental Network Premium

Nov 16, 2021Price Change$1,250$2Zillow Rental Network Premium

Nov 2, 2021Price Change$1,300$2Zillow Rental Network Premium

Oct 26, 2021Price Change$1,350$2Zillow Rental Network Premium

Oct 16, 2021Listed For Rent$1,400$3Zillow Rental Network Premium

Listing Removed$1,200

Sep 4, 2025•$2/sqft•Zillow Rentals

Price Change$1,200

Aug 25, 2025•$2/sqft•Zillow Rentals

Price Change$1,250

Aug 8, 2025•$2/sqft•Zillow Rentals

Listed For Rent$1,300

Jul 2, 2025•$2/sqft•Zillow Rentals

Listing Removed—

May 31, 2024•Zillow Rentals

Price Change$1,250

May 29, 2024•$2/sqft•Zillow Rentals

Price Change$1,300

Apr 15, 2024•$2/sqft•Zillow Rentals

Price Change$1,350

Apr 6, 2024•$2/sqft•Zillow Rentals

Price Change$1,400

Mar 19, 2024•$3/sqft•Zillow Rentals

Listed For Rent$1,450

Mar 15, 2024•$3/sqft•Zillow Rentals

Listing Removed—

Dec 2, 2021•Zillow Rental Network Premium

Price Change$1,250

Nov 16, 2021•$2/sqft•Zillow Rental Network Premium

Price Change$1,300

Nov 2, 2021•$2/sqft•Zillow Rental Network Premium

Price Change$1,350

Oct 26, 2021•$2/sqft•Zillow Rental Network Premium

Listed For Rent$1,400

Oct 16, 2021•$3/sqft•Zillow Rental Network Premium

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Neighborhood details

Local context around this listing

Portland, OR • Multnomah County

Nearby neighborhoods

Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns

Nearby cities

Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village

Nearby zip codes

97202972039720697217972199722997230972339723697266

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Value estimates

Live

Est. value$289,300

Est. rent$1,296/mo

30yr rate est.6.41%

Affordability$1,767/mo

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