This well-built Sellwood duplex is a smart option for investors now and for anyone considering personal use in the future. Built in 2020 with a new roof added in 2022, it’s designed for low maintenance and long-term value. The layout includes a 4-bed, 2.5-bath luxury unit upstairs and a separate 1-bed, 1-bath unit on the ground floor—ideal for strong rental income or flexible future use. The upper unit was recently leased for $4,000/month (note: 2025 income reflects a temporary vacancy while listed for potential owner-occupancy). Inside, the space is open and full of natural light, with oversized windows, hardwood floors, a fireplace, and a large kitchen with custom cabinets, walk-in pantry, and generous island. The main level also includes a guest room or office, powder room, oversized storage closet, and full laundry with machines. Upstairs are three bedrooms with new carpet, including a primary suite with soaking tub, double vanity, walk-in shower, and a true walk-in closet .The ground-level unit has a private entrance, hardwood floors, full kitchen, private bath, in-unit laundry, and brings in $1,695/month. The upstairs lease runs 9 months at $4,000/month; a matching unit next door rents for $4,100/month.Also included: attached garage, separate utility/storage room, and fresh interior paint throughout. Proforma Cap Rate 4.9, Walk Score 84, Bike Score 95—Sellwood offers parks, local shops, and excellent coffee just blocks away. Strong income today, with the option to occupy later. Showings subject to inspection.
Listing Provided Courtesy of Lauren Perreault, Fiv Realty
General Information
575628221
37
DOM
5
2613.6 SqFt
4
3137
2020
RM1
Multnomah
R267798
Llewellyn 5/10
Sellwood 8/10
Cleveland 5/10
MultiFamily
SELLWOOD, BLOCK 90, E 1/2 OF LOT 1
Listing Provided Courtesy of Lauren Perreault, Fiv Realty
Krishna Realty data last checked: Aug 27, 2025 08:48 | Listing last modified Aug 25, 2025 15:59,
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Residence Information
3137
5
4
Membrane
1,
Driveway,OnStreet
3
2020
No
Cedar, CementSiding
FullBasement,PartiallyFinished,StorageSpace
FullBasement,Partial
ConcretePerimeter
Features and Utilities
CentralAir
Electricity, Gas
ForcedAir, ForcedAir95Plus
PublicSewer
Electricity, Gas
Electricity, Gas
Financial
9326.13
0
TrashCollection
Cash,Conventional,FHA,StateGILoan,VALoan
07-19-2025
No
No
Comparable Information
37
39
Cash,Conventional,FHA,StateGILoan,VALoan
$1,125,000
$1,125,000
Aug 25, 2025 15:59
Schools
public Elementary : Llewellyn
5/10Ratingspublic Middle : Sellwood
8/10Ratingspublic High : Cleveland
5/10Ratings
This well-built Sellwood duplex is a smart option for investors now and for anyone considering personal use in the future. Built in 2020 with a new roof added in 2022, it’s designed for low maintenance and long-term value. The layout includes a 4-bed, 2.5-bath luxury unit upstairs and a separate 1-bed, 1-bath unit on the ground floor—ideal for strong rental income or flexible future use. The upper unit was recently leased for $4,000/month (note: 2025 income reflects a temporary vacancy while listed for potential owner-occupancy). Inside, the space is open and full of natural light, with oversized windows, hardwood floors, a fireplace, and a large kitchen with custom cabinets, walk-in pantry, and generous island. The main level also includes a guest room or office, powder room, oversized storage closet, and full laundry with machines. Upstairs are three bedrooms with new carpet, including a primary suite with soaking tub, double vanity, walk-in shower, and a true walk-in closet .The ground-level unit has a private entrance, hardwood floors, full kitchen, private bath, in-unit laundry, and brings in $1,695/month. The upstairs lease runs 9 months at $4,000/month; a matching unit next door rents for $4,100/month.Also included: attached garage, separate utility/storage room, and fresh interior paint throughout. Proforma Cap Rate 4.9, Walk Score 84, Bike Score 95—Sellwood offers parks, local shops, and excellent coffee just blocks away. Strong income today, with the option to occupy later. Showings subject to inspection.