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7309 Commercial Ave

Portland, OR 97217

2 bd 1 ba 2,062 sqft Built 1938 Lot 4,791 sqft single_family
Most recent sale
$546,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $546,000 MLS #22223053
Apr 12, 2022 Listed $429,000 MLS #22223053

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $160,000 $4,311
2024 $160,000 $4,156
2023 $150,820 $3,996
2022 $146,430 $3,910
2021 $142,170 $3,843
2020 $138,030 $3,526
2019 $134,010 $3,396
2018 $130,110 $3,296
2017 $126,330 $3,159
2016 $122,660 $2,891
2015 $119,090 $2,816
2014 $115,630 $2,773
2013 $112,270 $2,709
2012 $109,000 $2,451
2011 $105,830 $2,358
2010 $102,750 $2,238
2009 $99,760 $2,179
2008 $96,860 $2,056
2007 $94,040 $2,050

Property facts

Year built
1938
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
2,062 sqft
Lot size
4,791 sqft
ZIP code
97217
City
Portland
Street
Commercial Ave
Coordinates
45.57602, -122.67093

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,124
Gross rental yield
9.06%
Implied cap rate
5.89%
Trend-extrapolated value

Frequently asked questions

When did 7309 Commercial Ave last sell?
7309 Commercial Ave most recently sold on Apr 27, 2022 for $546,000.
What is the current tax assessment for 7309 Commercial Ave?
The most recent total assessment for 7309 Commercial Ave (year 2025) is $160,000 with $4,311 in property tax.
How does 7309 Commercial Ave's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $546,000.
When was 7309 Commercial Ave built?
7309 Commercial Ave was built in 1938.
How does 7309 Commercial Ave compare to others on Commercial Ave?
We track 8 other properties on Commercial Ave. Browse the list under "Other properties on Commercial Ave" to compare beds, baths, and sale history.
What are the property facts for 7309 Commercial Ave?
7309 Commercial Ave is a 2 bed, 1 bath, 2,062 sqft, 4,791 sqft lot single_family.
Is 7309 Commercial Ave a flip candidate?
No — 7309 Commercial Ave does not appear in our flips dataset.
Is 7309 Commercial Ave a tax-appeal candidate?
No — 7309 Commercial 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$734.8K
2026 Q4
$750.5K
ZIP 97217 — Median Price History + Forecast

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