5531 S Kelly Ave, Portland, OR 97239
Local realty services provided by:CENTURY 21 North Homes Realty
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.
Contact an agent
Home facts
- Year built:1908
- Listing ID #:206187073
- Added:137 day(s) ago
- Updated:March 15, 2026 at 07:23 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
New listings near 5531 S Kelly Ave
- New
$1,195,000Active5 beds 4 baths3,619 sq. ft.2631 SW Sherwood Dr, Portland, OR 97201
MLS# 542631618Listed by: WINDERMERE REALTY TRUST - New
$1,499,950Active6 beds 5 baths4,080 sq. ft.17839 NW Layla Dr #Lot 12, Portland, OR 97229
MLS# 345241273Listed by: JOHN L. SCOTT - New
$659,000Active-- beds -- baths5623 SW Boundary St, Portland, OR 97221
MLS# 738930048Listed by: EPIQUE REALTY - New
$620,000Active4 beds 3 baths3,588 sq. ft.820 NE 168th Pl, Portland, OR 97230
MLS# 619642726Listed by: MODERN REALTY - New
$599,900Active4 beds 3 baths1,861 sq. ft.4720 N Commercial Ave, Portland, OR 97217
MLS# 105957844Listed by: PORTLAND MODERN REAL ESTATE - New
$895,000Active3 beds 2 baths2,336 sq. ft.8835 SW Washington Dr, Portland, OR 97223
MLS# 476640557Listed by: JOHN L. SCOTT PORTLAND CENTRAL - Open Sun, 2:30 to 4pmNew
$849,000Active4 beds 3 baths2,866 sq. ft.12238 NW Welsh Dr, Portland, OR 97229
MLS# 391440583Listed by: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY - New
$650,000Active5 beds 3 baths2,546 sq. ft.5022 SE 141st Pl, Portland, OR 97236
MLS# 573814757Listed by: RE/MAX EQUITY GROUP - New
$399,900Active4 beds 2 baths2,550 sq. ft.16659 SE Powell Blvd, Portland, OR 97236
MLS# 662765955Listed by: MORE REALTY - Open Sun, 10am to 12pmNew
$794,000Active4 beds 3 baths2,786 sq. ft.3117 NE 33rd Ave, Portland, OR 97212
MLS# 728133270Listed by: RAREBIRD REAL ESTATE