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Additional details
Listed by Premiere Property Group, LLC
$ 725,000
Est. payment /mo
Price Dropped by $25K
135 NE 55TH AVE Portland, OR 97213
2,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $268
MLS Listing ID 260673167
HOA Y/N No
Year Built 1950
Annual Tax Amount $7,222
Tax Year 2025
Lot Size 5,662 Sqft
Property Description
DO NOT DISTURB TENANTS. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT 2026 (2021 for #135). Ideal for investors or owner-occupants seeking rental income, this property provides flexibility and long-term value. Situated on a corner lot, just minutes from local shops, restaurants, Providence Hospital, parks & public transportation, tenants enjoy both convenience and neighborhood charm. Unit 133 features 2 bedrooms, 1 bathroom, refinished hardwood floors throughout, stacked W/D, dishwasher, gas range, refrigerator & fenced yards with a great covered patio. Unit 135 features 3 bedrooms, 2 bathrooms (one on each level), vaulted beam ceilings, wood burning fireplace, private driveway, 1 car garage & finished basement. Each unit offers comfortable living spaces with abundant natural light and practical floor plans designed for everyday living. With consistent rental demand in this desirable NE Portland area, this duplex presents an excellent opportunity to add a stable asset to your portfolio or live in one unit while renting the other. Close proximity to downtown Portland, Providence Hospital, major commuter routes and popular neighborhood amenities makes this property especially attractive. Don't miss this rare chance to own a versatile, income-producing property! HES= 6 (unit 133); HES = 1 (unit 135)
Location
State OR
County Multnomah
Area _142
Zoning R-2.5
Rooms
Basement Crawl Space, Full Basement
Interior
Heating Forced Air
Cooling None
Exterior
Garage Spaces 1.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Glencoe
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Amenities & Attractions