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97215, OR Properties

5,911 results

Find, analyze, and compare investment properties in 97215, OR, including off-market opportunities and residential homes with value-add potential. The 97215 area offers a diverse housing market with single-family residences (SFRs), multi-family properties, and vacant homes. This ZIP code offers investment potential for long-term rentals (LTRs), as highlighted by 97215 housing market trends. Property Intel by Whitepages makes it easy to uncover off-market properties, compare ZIP code and neighborhood benchmarks, and access owner contact information to help you find the best investment properties in 97215, Oregon for your real estate goals.

In 97215, the median property value currently stands at $610,714, reflecting a 4.28% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $741,175 (a 0% gain). The housing market includes a total of 6,550 houses.The median home in 97215 has 1,704 square feet of living space, priced at a median of $369 per square foot with a median year built of 1928. For long-term rental properties in 97215, the median annual gross rental income is $33,600 (or $2,800/month) with estimated operating expenses of $15,391, resulting in an approximate gross cap rate of 3.01%.

Property Intel by Whitepages helps investors and homeowners explore the 97215 area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in 97215, OR.

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Housing Market Trends & Statistics for 97215, Oregon

Median Property Value
$610,714
Total number of Properties
6,550
Median Living Space
1,704 sq ft
Median Year Built
1928 (97 years)
5-Year Appreciation Forecast
$741,175
Median Lot Size
5,000 sq ft
Average Ownership
11 months
for 97215, OR
  • Est. Rental Income
    $33,600 ($2,800 per month)
  • Net Operating Income
    $18,210 ($1,517 per month)
  • Cap Rate
    3.01%

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