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5505 Nehalem St

Portland, OR 97206

3 bd 2 ba 1,110 sqft Built 1975 Lot 4,791 sqft single_family
Most recent sale
$450,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 4, 2022 Listing removed $497,000 RMLS
May 25, 2022 Sold $450,000 MLS #22345441
Apr 30, 2022 Listed $448,000 MLS #22345441
Apr 20, 2022 Listed $497,000 MLS #22171326
Apr 14, 2022 Listed $519,900 MLS #22339487
Oct 16, 2020 Sold $385,000 MLS #20049253
Jul 19, 2019 Sold $334,000 MLS #19024130
Apr 25, 2019 Price changed $357,000 MLS #19024130
Apr 13, 2019 Price changed $359,000 MLS #19024130
Apr 7, 2019 Price changed $369,000 MLS #19024130
Mar 29, 2019 Listed $379,000 MLS #19024130
Jun 5, 2002 Sold $123,000 Public Record
Feb 29, 1996 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $178,340 $4,805
2024 $178,340 $4,632
2023 $168,110 $4,454
2022 $163,220 $4,358
2021 $158,470 $4,284
2020 $153,860 $3,930
2019 $149,380 $3,786
2018 $145,030 $3,674
2017 $140,810 $3,522
2016 $136,710 $3,223
2015 $132,730 $3,124
2014 $128,870 $2,789
2013 $125,120 $2,332
2012 $121,480 $1,978
2011 $117,950 $2,170
2010 $114,520 $2,494
2009 $111,190 $2,429
2008 $107,960 $2,292
2007 $104,820 $2,285

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,110 sqft
Lot size
4,791 sqft
ZIP code
97206
City
Portland
Street
Nehalem St
Coordinates
45.46606, -122.60637

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
$2,220
Gross rental yield
5.92%
Implied cap rate
3.85%
Trend-extrapolated value

Frequently asked questions

When did 5505 Nehalem St last sell?
5505 Nehalem St most recently sold on May 25, 2022 for $450,000.
What is the current tax assessment for 5505 Nehalem St?
The most recent total assessment for 5505 Nehalem St (year 2025) is $178,340 with $4,805 in property tax.
How does 5505 Nehalem St's assessment compare to its last sale price?
The current assessment is 60.4% below the last sale price of $450,000.
When was 5505 Nehalem St built?
5505 Nehalem St was built in 1975.
How does 5505 Nehalem St compare to others on Nehalem St?
We track 8 other properties on Nehalem St. Browse the list under "Other properties on Nehalem St" to compare beds, baths, and sale history.
What are the property facts for 5505 Nehalem St?
5505 Nehalem St is a 3 bed, 2 bath, 1,110 sqft, 4,791 sqft lot single_family.
Is 5505 Nehalem St a flip candidate?
No — 5505 Nehalem St does not appear in our flips dataset.
Is 5505 Nehalem St a tax-appeal candidate?
No — 5505 Nehalem 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
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$566.1K
2026 Q4
$572.3K
ZIP 97206 — Median Price History + Forecast

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