Portland, OR 97239,5531 S KELLY AVE
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Portland, OR 97239,5531 S KELLY AVE
Portland, OR 97239,5531 S KELLY AVE
Portland, OR 97239,5531 S KELLY AVE
Portland, OR 97239,5531 S KELLY AVE
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Marika Feibel

Marika Feibel

Marika Dorothy Feibel

+1(503) 317-3379
Listed by Willcuts Company Real Estate • 503-538-8311
$ 599,000
Est. payment /mo
Price Dropped by $39K

5531 S KELLY AVE Portland, OR 97239

2,448 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $244

Subdivision Sweeneys Addition

MLS Listing ID 743952848

HOA Y/N No

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

Cooling Wall Unit

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)
Marika Feibel

Marika Feibel

Principal Real Estate Broker | License ID: 200606315

+1(503) 317-3379

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5531 S KELLY AVE