$390,000

5908 Sw 45TH Ave, Portland, OR 97221

  • 3 beds |
  • 1 bath |
  • 2,010 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $194/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

BACK ON MARKET AT NO FAULT FROM THE SELLER- CALLING ALL INVESTORS & FLIPPERS- Here’s a RARE value-add property in one of Portland’s most desirable neighborhoods. This corner-lot bungalow features a fenced yard, carport, and a fully framed ADU with a separate entrance and grounded electrical panel ready for hookup —currently used as office space. The attic is insulated, HVAC vented and has an added water line- giving you multiple options for expansion or additional living space.The layout is flexible and ideal for multi-income setups, multigenerational living, or further development. With strong bones, corner-lot exposure, and a prime location just minutes from Gabriel Park, restaurants, and downtown, this property is perfectly positioned for investors seeking high ROI potential.At this price point, opportunities like this are rare. Flip it, rent it, or leverage the ADU and attic to generate additional income. Multiple pathways to profit, strong local demand, and a fast-moving market make this a smart, high-upside investment. Bring your vision and crew—this one won’t last! AS-IS!

Listing Status:
Pending
Date Added:
November 14, 2025 at 06:00AM
Listing Office:
Matin Real Estate : 503-447-3599
Listing Agent:
Leona Mullen : 971-712-6959
MLS ID:
605528088
  • General: Floor 3 rdAccessory dwelling unitHigh ceilingsLaundrySeparate living quarters apartment aux living unitWood floors
  • Appliances: Builtin refrigeratorDisposalGas appliancesPantry
  • Basement: Exterior entryPartially finishedSeparate living quarters apartment aux living unit
  • A/C: Central air
  • Heating: Forced air
  • Fireplace: Wood burningFireplaceFireplaces: 2
  • General: Vinyl sidingAccessory dwelling unitDog runFencedPorchYard
  • Style: Stories 2Bungalow
  • Parking: CarportParking spaces: 0
  • Roofing: CompositionShingle
  • General: Concrete perimeter
  • Road/Access: ConcretePaved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: SECTION 17 1S 1ETL 8000 0.16 ACRESR328887
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Leona Mullen, Matin Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hayhurst Elementary School

5037 SW Iowa St, Portland, OR, 97221

Grades KG-5

0.30 miles away

R

Robert Gray Middle School

5505 SW 23rd Ave, Portland, OR, 97239

Grades 6-8

1.05 miles away

I

Ida B. Wells High School

1151 SW Vermont St, Portland, OR, 97219

Grades 9-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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