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Listed by Willcuts Company Real Estate • 503-538-8311
$638,900
Est. payment /mo
2,448 SqFt
New
5531 S KELLY AVE Portland, OR 97239
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $260
Subdivision Sweeneys Addition
MLS Listing ID 743952848
Year Built 1908
Annual Tax Amount $7,657
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Fantastic opportunity to own a well-maintained, updated duplex just off Macadam Avenue—minutes from downtown Portland, OHSU, and the South Waterfront. Both units are occupied by reliable long-term tenants who value the quiet neighborhood and convenient location, offering immediate, stable income for the next owner.Each unit features its own private yard, updated finishes, and great natural light. The property has been thoughtfully cared for, minimizing maintenance needs and ensuring long-term tenant satisfaction.Centrally located near shopping, coffee shops, parks, and public transportation, this duplex attracts consistent rental demand and strong appreciation potential. A turn-key investment in one of Portland's most desirable and accessible areas.
Location
State OR
County Multnomah
Area _148
Zoning R2
Interior
Heating Wall Heater
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Capitol Hill
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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