5531 S Kelly Ave, Portland, OR 97239
Local realty services provided by:Columbia River Realty ERA Powered
Listed by: stacey bent
Office: willcuts company real estate
MLS#:206187073
Source:PORTLAND
Price summary
- Price:$574,500
- Price per sq. ft.:$234.68
About this home
MOTIVATED SELLER, bring all offers! 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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Home facts
- Year built:1908
- Listing ID #:206187073
- Added:149 day(s) ago
- Updated:March 19, 2026 at 07:19 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Free Standing Refrigerator
- Living area:2,448 sq. ft.
Heating and cooling
- Cooling:Wall Unit
Structure and exterior
- Roof:Composition
- Year built:1908
- Building area:2,448 sq. ft.
- Lot Features:Level, Private
- Architectural Style:2 Story
- Exterior Features:Fenced, Yard
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Ida B Wells
- Middle school:Jackson
- Elementary school:Capitol Hill
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$574,500
- Price per sq. ft.:$234.68
- Tax amount:$7,658 (2024)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Hardwood Floors
Parking
- Parking description:Driveway, On street
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