Homes for sale - 5531 S KELLY AVE, Portland, OR 97239

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Brian Johnson

brian@bcjohnsonhomes.com +1(503) 957-5587

Listed by Willcuts Company Real Estate • 503-538-8311

$ 638,900

Est. payment | -/mo

2,448 SqFt

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$ 638,900

Est. payment | -/mo

Save Virtual Tour

2,448 SqFt

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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Regional Multiple Listing Service (RMLS)

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Brian Johnson

REALTOR®, Licensed in Oregon & Washington | Lic# 201220025

brian@bcjohnsonhomes.com

+1(503) 957-5587

5523 N Atlantic Ave, Portland, OR, 97217, USA

5531 S KELLY AVE Portland, OR 97239

Brian Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5531 S KELLY AVE