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5627 Gay Ave

Portland, OR 97217

4 bd 4 ba 2,557 sqft Built 2020 condos
Most recent sale
$799,900
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $799,900 MLS #22328380
Mar 1, 2022 Listed $799,900 MLS #22328380
Apr 9, 2020 Listed for rent $2,745 AppfolioUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $398,070 $10,725
2024 $398,070 $10,340
2023 $375,220 $9,942
2022 $211,220 $5,640

Property facts

Year built
2020
Property type
condos
Stories
3
Beds
4
Baths
4
Living area
2,557 sqft
Lot size
ZIP code
97217
City
Portland
Street
Gay Ave
Coordinates
45.56400, -122.68953

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,114
Gross rental yield
7.67%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 5627 Gay Ave last sell?
5627 Gay Ave most recently sold on Jul 20, 2022 for $799,900.
What is the current tax assessment for 5627 Gay Ave?
The most recent total assessment for 5627 Gay Ave (year 2025) is $398,070 with $10,725 in property tax.
How does 5627 Gay Ave's assessment compare to its last sale price?
The current assessment is 50.2% below the last sale price of $799,900.
When was 5627 Gay Ave built?
5627 Gay Ave was built in 2020.
How does 5627 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 5627 Gay Ave?
5627 Gay Ave is a 4 bed, 4 bath, 2,557 sqft condos.
Is 5627 Gay Ave a flip candidate?
No — 5627 Gay Ave does not appear in our flips dataset.
Is 5627 Gay Ave a tax-appeal candidate?
No — 5627 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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