5531 S KELLY Ave, Portland, OR 97239

• 3 beds |
• 2 baths |
• 2,448 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 28, 2025 at 05:00AM

Listing Office:

Willcuts Company Real Estate : 503-538-8311

Listing Agent:

Stacey Bent : 503-319-4443

MLS ID:

206187073

Interior

• General: Hardwood floorsSeparate living quarters apartment aux living unitWasher dryer
• Appliances: DishwasherDisposalFree standing refrigerator
• Heating: Wall heater

Exterior

• General: Wood sidingFencedYard
• Style: Stories 2
• Parking: DrivewayOn streetParking spaces: 0

Construction

• Roofing: Composition
• General: Concrete perimeter

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: R2SWEENEYS ADDBLOCK 7LOT 4R281953

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Stacey Bent, Willcuts Company Real Estate