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655 118th Ave

Portland, OR 97229

3 bd 3 ba 1,777 sqft Built 2007 condos
Most recent sale
$530,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 18, 2024 Sold $499,000 RMLS
May 6, 2024 Listed $539,900 RMLS
Jun 24, 2022 Sold $530,000 MLS #22348674
Jun 2, 2022 Listed $510,000 MLS #22348674
Apr 29, 2008 Sold $314,599 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $259,580 $5,407
2021 $252,020 $5,218
2020 $244,680 $5,060
2019 $237,560 $4,900
2018 $230,650 $4,743
2017 $223,940 $4,566
2016 $217,420 $4,407
2015 $211,090 $4,243
2014 $204,950 $4,153
2013 $198,990 $3,937
2012 $193,200 $3,610
2011 $189,140 $3,571
2010 $183,640 $3,480
2009 $178,300 $3,400
2008 $136,160 $2,470

Property facts

Year built
2007
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
1,777 sqft
Lot size
ZIP code
97229
City
Portland
Street
118th Ave
Coordinates
45.52509, -122.79861

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,554
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 655 118th Ave last sell?
655 118th Ave most recently sold on Jun 24, 2022 for $530,000.
What is the current tax assessment for 655 118th Ave?
The most recent total assessment for 655 118th Ave (year 2022) is $259,580 with $5,407 in property tax.
How does 655 118th Ave's assessment compare to its last sale price?
The current assessment is 51.0% below the last sale price of $530,000.
When was 655 118th Ave built?
655 118th Ave was built in 2007.
How does 655 118th Ave compare to others on 118th Ave?
We track 8 other properties on 118th Ave. Browse the list under "Other properties on 118th Ave" to compare beds, baths, and sale history.
What are the property facts for 655 118th Ave?
655 118th Ave is a 3 bed, 3 bath, 1,777 sqft condos.
Is 655 118th Ave a flip candidate?
No — 655 118th Ave does not appear in our flips dataset.
Is 655 118th Ave a tax-appeal candidate?
No — 655 118th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast

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