135 NE 55TH AVE, Portland, OR 97213

$725,000
5
BD
3
BA
2,700
SqFt

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List Price
$725,000
Price Change
▼ $25,000 1783721215
Days on Market
153
Status
ACTIVE
MLS#
597775079
Rent
3978
Bedrooms
5
Bathrooms
3
Living Area
2,700
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast

Property Description

DO NOT DISTURB TENANTS in #135. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history (tenant just vacated after 17 years) & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT Feb 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)

Additional Information

Tax Amount
$7,222
Year Built
1950
High School
Franklin
Elementary School
Glencoe
Middle School
Mt Tabor
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached
Acres
0.13
Living Area
2,700
Stories
2
Subdivision
NORTH TABOR
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Garage on Main, Main Floor Bedroom w/Bath, Utility Room On Main
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Custom Style
Parking
Driveway, On Street
Security Or Entry
None
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Covered Patio, Deck, Fenced, Yard
Interior Features
Hardwood Floors, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC.

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