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3121 Franklin St

Portland, OR 97202

3 bd 2 ba 1,321 sqft Built 1954 Lot 3,920 sqft single_family
Most recent sale
$650,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $650,000 MLS #22679483
Mar 24, 2022 Listed $559,000 MLS #22679483
Apr 25, 2014 Sold $363,000 MLS #14117082
Apr 3, 2014 Listed $359,900 MLS #14117082
Jan 15, 2009 Sold $257,500 MLS #8064622
Jun 22, 2008 Listed $257,500 MLS #8064622
Jul 30, 2006 Listing removed $264,900 RMLS
Apr 29, 2006 Listing removed $269,900 RMLS
Apr 29, 2006 Listed $264,900 MLS #6032352
Feb 25, 2006 Listed $269,900 MLS #6013733

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $216,320 $5,828
2024 $216,320 $5,619
2023 $203,910 $5,403
2022 $197,980 $5,286
2021 $192,220 $5,197
2020 $186,630 $4,767
2019 $181,200 $4,592
2018 $175,930 $4,457
2017 $170,810 $4,272
2016 $165,840 $3,910
2015 $161,010 $3,807
2014 $156,330 $3,750
2013 $151,780 $3,663
2012 $147,360 $3,313
2011 $143,070 $3,188
2010 $138,910 $3,025
2009 $134,870 $2,946
2008 $130,950 $2,780
2007 $127,140 $2,772

Property facts

Year built
1954
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,321 sqft
Lot size
3,920 sqft
ZIP code
97202
City
Portland
Street
Franklin St
Coordinates
45.49932, -122.63300

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,642
Gross rental yield
4.88%
Implied cap rate
3.17%
Trend-extrapolated value

Frequently asked questions

When did 3121 Franklin St last sell?
3121 Franklin St most recently sold on May 10, 2022 for $650,000.
What is the current tax assessment for 3121 Franklin St?
The most recent total assessment for 3121 Franklin St (year 2025) is $216,320 with $5,828 in property tax.
How does 3121 Franklin St's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $650,000.
When was 3121 Franklin St built?
3121 Franklin St was built in 1954.
How does 3121 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 3121 Franklin St?
3121 Franklin St is a 3 bed, 2 bath, 1,321 sqft, 3,920 sqft lot single_family.
Is 3121 Franklin St a flip candidate?
No — 3121 Franklin St does not appear in our flips dataset.
Is 3121 Franklin St a tax-appeal candidate?
No — 3121 Franklin St 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
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$677.9K
2026 Q4
$673.7K
ZIP 97202 — Median Price History + Forecast

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