Discover a unique blend of residential and commercial potential in this 1.11-acre property located at 5031 SE Jenne Rd, Portland, OR 97236. Zoned RF (Residential Farm/Forest) in Multnomah County, this property offers a rare chance for buyers to create a live-work space or investment opportunity.The property features a charming 1895 sq ft single-family home with 3 bedrooms and 2 full bathrooms, perfect for a family or rental income. The fenced yard provides a secure and private outdoor space.But that's not all - the real gem is the 30' x 40' shop with power, situated in a fenced and gated "yard" that offers a fantastic live-work opportunity. Ideal for smaller or growing construction companies, service companies, or allowable storage needs.Currently rented with a great rate of return, this property is perfect for investors looking for a lucrative opportunity. With its unique zoning and versatile layout, this property is a rare find in the Portland market.Key Features:1.11 acres in the City of Portland with RF zoning1895 sq ft single-family home with 3 bedrooms and 2 full bathroomsFenced yard for secure and private outdoor space30' x 40' shop with power in a gated "yard"Live-work opportunity or investment potentialCurrently rented with a great rate of returnRare opportunity in the Portland marketDon't miss out on this unique opportunity! and explore the possibilities.Buyers are responsible for their own due diligence on zoning and land use.72 hour notice to view property after an offer has been mutually agreed too. DO NOT Disturb the tenants.
Active
$799,900
5031 SE Jenne Rd, Portland, OR 97236
3beds
1,895sqft
Est.:
Residential, Single Family Residence
Built in 1992
1.11 Acres Lot
$780,700 Zestimate®
$422/sqft
$-- HOA
What's special
- 1 day |
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Zillow last checked: 8 hours ago
Listing updated: February 26, 2026 at 07:01am
Listed by:
Kevin Smallbeck 503-351-4989,
RE/MAX Equity Group,
Michael Shelangoski 503-330-5353,
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 733282734
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Heat Pump
Appliances
- Included: Gas Appliances, Gas Water Heater
Features
- Bathroom, Loft, Granite, Kitchen Island
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,895
- Total interior livable area: 1,895 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, RV Access/Parking, Attached, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Yard
- Fencing: Cross Fenced,Fenced
Lot
- Size: 1.11 Acres
- Features: Acres 1 to 3
Details
- Additional structures: Other Structures Bathrooms Total (1), Outbuilding, RVParking, Workshopnull, GasHookup, RVHookup, Workshop
- Parcel number: R192798
- Zoning: RF
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Metal Siding, Wood Frame, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: 220 Volts
- Gas: Gas Hookup, Gas
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Security Lights
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $422/sqft
- Tax assessed value: $515,870
- Annual tax amount: $4,950
- Date on market: 2/26/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$780,700
$742,000 - $820,000
$2,785/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listed for sale | $799,900-5.9%$422/sqft |
Source:  RMLS (OR) #733282734 Report a problem | ||
| 7/22/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/13/2022 | Price change | $849,900-2.9%$448/sqft |
Source: RE/MAX International #22520782 Report a problem | ||
| 7/5/2022 | Listed for sale | $875,000+52.2%$462/sqft |
Source: RE/MAX International #22520782 Report a problem | ||
| 6/28/2021 | Sold | $575,000+4.5%$303/sqft |
Source: RMLS (OR) #21067401 Report a problem | ||
| 5/7/2021 | Pending sale | $550,000$290/sqft |
Source: RMLS (OR) #21067401 Report a problem | ||
| 5/6/2021 | Listed for sale | $550,000+161.9%$290/sqft |
Source: RMLS (OR) #21067401 Report a problem | ||
| 10/30/2014 | Sold | $210,000+2.4%$111/sqft |
Source: RMLS (OR) #14592494 Report a problem | ||
| 8/7/2014 | Price change | $205,000-8.9%$108/sqft |
Source: RE/MAX EQUITY GROUP-BROADWAY OFFICE #14592494 Report a problem | ||
| 7/30/2014 | Listed for sale | $225,000+18.4%$119/sqft |
Source: RE/MAX EQUITY GROUP-BROADWAY OFFICE #14592494 Report a problem | ||
| 10/14/1997 | Sold | $190,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,950 +4.6% | $294,180 +3% |
| 2024 | $4,733 +3% | $285,620 +3% |
| 2023 | $4,594 +3.9% | $277,310 +3% |
| 2022 | $4,422 -0.5% | $269,240 +3% |
| 2021 | $4,445 +8.9% | $261,400 +3% |
| 2020 | $4,083 +2.5% | $253,790 +3% |
| 2019 | $3,984 | $246,400 +3% |
| 2018 | $3,984 +4.3% | $239,230 +3% |
| 2017 | $3,819 +6.6% | $232,270 +3% |
| 2016 | $3,583 | $225,510 +10.2% |
| 2015 | $3,583 +9.9% | $204,640 +3% |
| 2014 | $3,260 +22.7% | $198,680 +19.4% |
| 2013 | $2,655 +5.1% | $166,420 +3% |
| 2012 | $2,528 -1.5% | $161,580 +3% |
| 2011 | $2,567 +0.6% | $156,880 +3% |
| 2010 | $2,552 +4.5% | $152,320 +3% |
| 2009 | $2,442 +4.1% | $147,890 +3% |
| 2008 | $2,345 +2.4% | $143,590 +3% |
| 2007 | $2,289 +2.3% | $139,410 +3% |
| 2006 | $2,238 +2.8% | $135,350 +3% |
| 2005 | $2,176 +3.5% | $131,410 +3% |
| 2004 | $2,103 +2.8% | $127,590 +3% |
| 2003 | $2,045 +3% | $123,880 +3% |
| 2002 | $1,986 +14.2% | $120,280 +6.1% |
| 2000 | $1,739 +0.9% | $113,380 +3% |
| 1999 | $1,724 | $110,080 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,394/mo
Principal & interest
$3754
Property taxes
$640
Climate risks
Neighborhood: 97236
Nearby schools
GreatSchools rating
- 8/10Pleasant Valley Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Pleasant Valley
- Middle: Centennial
- High: Centennial
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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