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5254 SE 74th Ave
Score
70
Portland, OR

5254 SE 74th Ave

445K
1 bd • 1 ba • 756 sf

This analysis was generated on 3/18/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$445,000

Price/Sq.Ft

$589

Year Built

1923

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Floors: Classic hardwood floors add warmth and character • Bonus Structure: The bonus structure in the backyard offers flexible space • Ornate Fireplace: The ornate fireplace is a unique architectural feature • Hardwood Floors • Bonus Structure • Ornate Fireplace • Landscaped Backyard • Price Position: At $588.62 per square foot, this property is significantly more expensive than the median price per square foot in 97206 ($331). This suggests that the property may be overpriced compared to similar homes in the area. • Appreciation Trend: The property was sold for $129,000 in 2013 and is now listed for $445,000, demonstrating significant appreciation over the past 12 years. However, the recent listing history shows a 61.8% increase since 2020, which may not be sustainable. • Rental Income: $1,610/month with 99% occupancy (0.0% cap rate) • Future Development: The property is located near the Mt. Scott Community Center, Park, and Pool, which enhances its appeal. The 'CE' zoning may allow for retail or office use, potentially increasing the property's value for certain buyers. • The property appears to have good natural light, especially in the living areas and bonus structure. The kitchen may be somewhat darker due to smaller windows. • The layout appears functional, with a good flow between living spaces. The kitchen is somewhat separated, which may not appeal to all buyers. The backyard is spacious and well-utilized.
Hardwood Floors

Hardwood Floors

Classic hardwood floors add warmth and character.

Bonus Structure

Bonus Structure

The bonus structure in the backyard offers flexible space.

Ornate Fireplace

Ornate Fireplace

The ornate fireplace is a unique architectural feature.

The Bad

• Kitchen Renovation (HIGH priority): $15,000 • Bathroom Renovation (MEDIUM priority): $8,000 • Exterior Painting and Trim Repair (LOW priority): $5,000 • Moderate flood risk (4/10) requires flood insurance, adding to ownership costs. • Extreme air quality risk (10/10) with 19 bad air days per year may deter some buyers. • The property's small size (756 sqft) and single-bedroom layout may limit its appeal to certain buyers, particularly families. • The property's age (built in 1923) may lead to higher maintenance costs and potential repairs.

The Ugly

No critical issues identified
Dated Kitchen

Dated Kitchen

The kitchen cabinets and countertops are dated and show wear.

Peeling Paint

Peeling Paint

The exterior paint is peeling in some areas, and the wood trim may need repair.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $19,320 with 99% occupancy rate Value Investors: Projected 14.6% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $28,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$77,133

Property History

Price History
Ownership Timeline
$129,000Financed
Jun 5, 2013
Wava R JohnsonEric M Wilken, Pamela K Parrish Wilken
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
May 24, 2013
Wava R Johnson, The Johnson Family TrustWava R Johnson
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$2,941
2024 Tax Assessment
4.0%from previous year
Assessed Value$109,930
Tax Rate2.68%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (1 bed)

$1,610

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$445,000
Price/sqft
$589
Layout
1 bd1 ba
Days on market
10 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$361,667

23.0%

Your price is 23.0% above average

Median Price

$380,000

17.1%

Based on 6 recent sales

Price per Sq.Ft

$480

22.6%

Your price is 22.6% above average $/sqft

Comparable Properties

4220 SE 72ND AVE, Portland, OR 97206
Price: $435,000
Sq.Ft: 720
Beds/Baths: 2/1
$/Sq.Ft:
$6042.6%
Sale Date: 2/18/2025
7216 SE INSLEY ST, Portland, OR 97206
Price: $407,000
Sq.Ft: 856
Beds/Baths: 2/1
$/Sq.Ft:
$47519.2%
Sale Date: 2/6/2025
5424 SE KNIGHT ST, Portland, OR 97206
Price: $380,000
Sq.Ft: 740
Beds/Baths: 2/1
$/Sq.Ft:
$51412.8%
Sale Date: 12/10/2024
8336 SE GLENWOOD ST, Portland, OR 97266
Price: $366,000
Sq.Ft: 795
Beds/Baths: 2/1
$/Sq.Ft:
$46021.8%
Sale Date: 12/8/2024
6428 SE 86TH AVE, Portland, OR 97266
Price: $340,000
Sq.Ft: 692
Beds/Baths: 2/1
$/Sq.Ft:
$49116.5%
Sale Date: 12/13/2024
7203 SE 85TH AVE, Portland, OR 97266
Price: $242,000
Sq.Ft: 720
Beds/Baths: 2/1
$/Sq.Ft:
$33642.9%
Sale Date: 11/12/2024

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