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Listed by Wise Move Real Estate
$494,900
Est. payment /mo
1,346 SqFt
New
5927 NE 55TH AVE Portland, OR 97218
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UPDATED:
01/02/2025 09:29 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,346 sqft
Price per Sqft $367
Subdivision Cully Neighborhood
MLS Listing ID 375031632
Year Built 1942
Annual Tax Amount $4,161
Tax Year 2024
Lot Size 0.260 Acres
Property Description
This one-story duplex in the Cully neighborhood offers exceptional potential: multigenerational living, condo alternative, developers, owner occ with income potential, or investors. Generous lot 11,332 sf provides room for additions, develop 2-6 units, cottage cluster & detached 576 sq. ft. 2 car garage with power is the perfect space for an ADU. Buyer to verify intended use w/the city. These 2-bedroom, 1-bathroom units have been thoughtfully updated and maintained over the years while preserving its classic appeal. One-story floor plan ensures privacy & comfort. It's the perfect home for aging in place with income potential. Lots of space to design separate private outdoor living retreats. Long term tenant (5929) provides secure monthly income. Pls do not disturb the tenant. Vacant unit 5927 is easy to show, previously rented for $1295 mo. per seller. Shed, fruit trees, lots of off-street parking & front porch northern territorial view. Convenient to neighborhood amenities: Khunamokwst Park, Fernhill Park, Whitaker Ponds Nature Park, Cully and Sumner Street community gardens and PDX Airport.
Location
State OR
County Multnomah
Community Alllandscaping
Area _142
Zoning R5H
Rooms
Basement None
Interior
Heating Wall Heater
Cooling None
Exterior
Garage Spaces 2.0
Community Features AllLandscaping
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Rigler
Middle Schools Beaumont
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
