$479000
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3 Bed
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1 Bath
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1336 SqFt
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1 DOM
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Built: 1900
- Status: Active
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Krishna Regupathy
Principal Broker
(503) 893-8874Welcome to 5845 SE Holgate Blvd. — a character-rich Foster-Powell home blending move-in-ready comfort with serious investment upside. Updated throughout, with multiple income pathways and a city-approved lot subdivision already in hand. MAIN LIVING - Step inside to find warm, original hardwood floors flowing through the main living areas — a timeless quality newer construction can’t replicate. The living room centers on a handsome wood-burning fireplace — ideal for Portland’s gray-sky seasons.NEWLY REMODELED KITCHEN - The newly remodeled kitchen features contemporary cabinetry, updated countertops, and modern fixtures — crisp and functional while connecting seamlessly to the home’s classic bones.BEDROOMS & BONUS ROOMS - The home offers three comfortable bedrooms, each with natural light and hardwood floors throughout. Plus two versatile bonus rooms — ideal for a home office, studio, guest quarters, or gym.BASEMENT — INCOME & ADU POTENTIAL - The large high ceiling unfinished basement offers a clear path to an accessory dwelling unit (ADU) or income rental — adding serious long-term value.LARGE LOT WITH DETACHED GARAGE — REBUILD OPPORTUNITY - The detached garage needs significant work but comes with a separately metered electrical service and an intact existing foundation perimeter — reducing the cost of any rebuild, workshop, studio, or income unit conversion.Lot Size — Split & Investment PotentialThe oversized lot itself is a standout investor asset. Portland’s Foster-Powell zoning supports lot division and infill development, and the City of Portland has already green-lit the subdivision — saving months of bureaucratic headaches and thousands in planning fees. A buyer can split the lot to build, sell the parcel, or add another income property — multiplying the return on this already opportunity-rich investment.All improvements subject to applicable local codes and permitting.
Listing Provided Courtesy of Ian Elstrom, Kelly Right Real Estate of Portland, LLC
General Information
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553943714
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SingleFamilyResidence
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1 DOM
-
3
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9583.2 SqFt
-
1
-
1336
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1900
-
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Multnomah
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R333085
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Creston 7/10
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Hosford
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Franklin 5/10
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Residential
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SingleFamilyResidence
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SECTION 07 1S 2E, TL 10100 0.22 ACRES
Listing Provided Courtesy of Ian Elstrom, Kelly Right Real Estate of Portland, LLC
Krishna Realty data last checked: Apr 11, 2026 02:07 | Listing last modified Apr 10, 2026 16:19,
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