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$638,900
New Listing

5531 S KELLY AVE
Portland, OR 97239

For Sale|Multi Family|Active
3
Beds
2
Total Baths
2,448
SqFt
$261
/SqFt
1908
Built
Subdivision:
Sweeneys Addition
County:
Multnomah
Listing courtesy of Stacey Bent of Willcuts Company Real Estate 5033194443

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503-974-1444
5531 S KELLY AVE5531 S KELLY AVE5531 S KELLY AVE5531 S KELLY AVE
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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.

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Listing Snapshot
Price 
$638,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
2,448 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1908
MLS® Number 
743952848
Status 
Active
Property Tax 
$7,657.71
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Concrete Perimeter
Number Of Stories 
2
Parking 
On StreetPaved
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
2448
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
Gas Water Heater
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Exterior Features
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_148
Roads 
Paved
Schools
School District
Unknown
Elementary School
Capitol Hill
Middle School
Jackson
High School
Other
Listing courtesy of Stacey Bent of Willcuts Company Real Estate 5033194443



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-10-20 07:05 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

K

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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