RealtyLens
for saleRealtyLens property overview
$498,500

7118 SE Mitchell Ct

Portland, OR, 97206
View more Portland, OR property pages
3Beds
2.5Baths
1,568Sqft
$318$/sqft

Listing Notes

Professionally managed and well-maintained SE Portland property offering exceptional flexibility as an investment opportunity or future owner-occupied home. This 3-bedroom, 2.5-bath residence features a desirable primary suite on the main level, providing convenient main-floor living and broad market appeal. Thoughtfully designed floor plan offers bright, open living spaces and functional flow throughout, with two additional upstairs bedrooms and a full bath. Located in an established SE Portland neighborhood with convenient access to parks, dining, shopping, and commuter routes. Currently tenant-occupied and professionally managed, offering a turnkey opportunity for investors seeking a well-positioned asset in a strong rental market. A rare chance to secure a versatile property with immediate income potential and long-term upside.

Market Insights

Near nearby median-4.5%

$318/sqft vs a nearby median of $333/sqft.

Nearby median$333/sqft
Nearby properties8
Property size1,568 sqft
  • -4.5% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,568 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$495k$451k$539k · 52% confidence
vs ask $499k+$4k (+0.8%)

Asking price is well-anchored to the comp picture (+0.8%). Negotiate on terms, not headline price.

$321/sqft median across 3 tight comps × 1,568 sqft= $503k
  • Sparse street life−$8k −1.5%
Cumulative NYC adjustments−$8k−1.5%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-4.5% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 6, 2026
Photos
21 photos
Property type
single family
Status
for sale
Last sold
Apr 17, 1996 · $64,000

Features & Amenities

Central AirOutdoor SpaceDishwasherForced AirHardwood FloorsTwo Or More StoriesFloor PlanRental PropertyInvestment OpportunityOpen Concept LivingDenParkShopping

Photos

Price History

May 8, 2026Initial record
$498,500for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.