5533 S KELLY AVE, Portland, OR 97239

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Sold Price
$580,000
List Price
$574,500
Closing Date
Nov 09, 2026
Days on Market
385
MLS#
743952848
Property Type
Multifamily
Sqft. of Residence
2,448
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
SOLD

Property Description

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.

Additional Information

Tax Amount
$7,943
Year Built
1908
High School
Ida B Wells
Elementary School
Capitol Hill
Middle School
Jackson
Acres
0.12
Living Area
2,448
Stories
2
Subdivision
Sweeneys Addition
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Wall Unit(s)
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity, Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street, Paved
Parking Description
On Street, Paved
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
2100
Unit Type One Sq Ft
841
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Willcuts Company Real Estate. Selling Office: eXp Realty, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.