5531 S KELLY AVE

Portland, 97239

  • 3 Bed

  • 2 Bath

  • 2448 SqFt

  • 28 DOM

  • Built: 1908

  • Status: Active

$599,000

Price cut: $39.9K (11-16-2025)

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5531 S KELLY AVE

Portland 97239

$599000

Price cut: $39.9K (11-16-2025)

  • 3 Bed

  • 2 Bath

  • 2448 SqFt

  • 28 DOM

  • Built: 1908

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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