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5123 Gay Ave

Portland, OR 97217

4 bd 3 ba 2,576 sqft Built 1915 Lot 4,791 sqft single_family
Most recent sale
$774,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $774,000 MLS #22121026
Jun 16, 2022 Price changed $779,900 MLS #22121026
Jun 3, 2022 Listed $825,000 MLS #22121026
Jun 30, 2006 Sold $450,000 MLS #6036824
May 11, 2006 Listed $450,000 MLS #6036824
Sep 9, 2005 Sold $291,000 MLS #5046567
May 24, 2005 Listed $291,000 MLS #5046567

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $226,920 $5,797
2019 $220,320 $5,584
2018 $213,910 $5,420
2017 $207,680 $5,195
2016 $201,640 $4,754
2015 $195,770 $4,629
2014 $190,070 $4,560
2013 $184,540 $4,454
2012 $179,170 $4,029
2011 $173,960 $3,877
2010 $168,900 $3,679
2009 $163,990 $3,583
2008 $159,220 $3,381
2007 $154,590 $3,371

Property facts

Year built
1915
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,576 sqft
Lot size
4,791 sqft
ZIP code
97217
City
Portland
Street
Gay Ave
Coordinates
45.56025, -122.69035

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,152
Gross rental yield
7.99%
Implied cap rate
5.19%
Trend-extrapolated value

Frequently asked questions

When did 5123 Gay Ave last sell?
5123 Gay Ave most recently sold on Aug 5, 2022 for $774,000.
What is the current tax assessment for 5123 Gay Ave?
The most recent total assessment for 5123 Gay Ave (year 2020) is $226,920 with $5,797 in property tax.
How does 5123 Gay Ave's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $774,000.
When was 5123 Gay Ave built?
5123 Gay Ave was built in 1915.
How does 5123 Gay Ave compare to others on Gay Ave?
We track 5 other properties on Gay Ave. Browse the list under "Other properties on Gay Ave" to compare beds, baths, and sale history.
What are the property facts for 5123 Gay Ave?
5123 Gay Ave is a 4 bed, 3 bath, 2,576 sqft, 4,791 sqft lot single_family.
Is 5123 Gay Ave a flip candidate?
No — 5123 Gay Ave does not appear in our flips dataset.
Is 5123 Gay Ave a tax-appeal candidate?
No — 5123 Gay 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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