5531 S Kelly Ave

Portland, OR 97239
  • $638,900

    Price
  • 3

    Bed
  • 2

    Bath
  • 2,448

    SqFt

About the Listing WLCR01 - BENTSTAC

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.

Listing Highlights for 5531 S Kelly Ave

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 743952848
Year Built 1908
Total Square Footage 2,448
Lot/Acreage 0.12
County Multnomah
Neighborhood Sweeneys Addition
Elementary School Capitol Hill
Middle School Jackson
High School Ida B Wells

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: WallHeater
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Zoning: R2
  • Roof: Composition
  • Others: Existing
  • Sewer: Public Sewer
  • Parking Features: On Street,Paved

Financial Details

  • Tax Amount: $7,658
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R281953
  • Tax Year: N/A

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Questions About..

5531 S Kelly Ave Portland, OR 97239

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Originating MLS: Regional Multiple Listing Service, Inc.

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