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5531 S Kelly Ave, Portland, OR 97239

Local realty services provided by:CENTURY 21 North Homes Realty
5531 S Kelly Ave,Portland, OR 97239
$589,000
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  • 3 Beds
  • 2 Baths
  • 2,448 sq. ft.
  • Single family
  • Active
Listed by: stacey bent
Office: willcuts company real estate
MLS#:206187073
Source:PORTLAND

Price summary

  • Price:$589,000
  • Price per sq. ft.:$240.6

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:94 day(s) ago
  • Updated:January 28, 2026 at 12:18 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • 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.

Schools

  • High school:Ida B Wells
  • Middle school:Jackson
  • Elementary school:Capitol Hill

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$240.6
  • Tax amount:$7,658 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 North Homes Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: January 28, 2026

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