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Listed by Epique Realty • 541-981-1436
$ 659,000
Est. payment /mo
BumpableBuyer
5623 SW BOUNDARY ST Portland, OR 97221
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status BumpableBuyer
Purchase Type For Sale
Subdivision Hayhurst
MLS Listing ID 738930048
Year Built 1951
Annual Tax Amount $7,696
Lot Size 0.480 Acres
Property Description
Unique SW Portland property offering flexibility, space, and opportunity on a rare .48-acre lot. Originally built as a single-family residence, the home is currently configured to accommodate two living areas, creating a variety of possibilities for owner-occupants and investors alike.The layout works well for those seeking multi-generational living, extended guest space, or exploring potential rental use. The additional living area may also appeal to buyers interested in short-term rental opportunities, subject to local regulations and buyer due diligence. For those wanting a more traditional layout, the home could also be reimagined and converted back to a single-family residence.Property is not a fully independent duplex setup, and utilities are shared. Buyer to verify all uses, zoning, and income potential.The expansive lot is a standout feature, offering outdoor space rarely found this close to the city. The large yard provides room for gardening, recreation, pets, and outdoor entertaining. A newly rebuilt deck creates a welcoming outdoor living area to relax and enjoy the surrounding space.Additional features include a new furnace, oversized garage with space for parking, storage, or workshop use, two separate driveways providing convenient access and off-street parking, and a storage shed for tools and equipment.The size of the lot may also offer future possibilities depending on zoning allowances. Buyers are encouraged to perform their own due diligence with the appropriate authorities regarding development potential and permitted uses.Conveniently located in SW Portland with easy access to parks, shopping, dining, and commuter routes, this property offers a rare combination of versatility, outdoor space, and long-term potential.
Location
State OR
County Multnomah
Area _148
Zoning R5
Rooms
Basement Daylight
Interior
Heating Baseboard, Forced Air
Cooling Central Air
Exterior
Roof Type Metal
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Hayhurst
Middle Schools Robert Gray
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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