Amazing opportunity for owner occupant or investor in close-in SE Portland! Pretty-in-pink vintage fourplex has three units with long term tenants. Spacious 2 bedroom unit on the ground floor is vacant, recently refreshed and ready for you! Enjoy restored hardwood floors, wood burning fireplace and lots of charming built-ins. Centered in the vibrant Foster-Powell neighborhood, close to world class bars and restaurants. The property has a lovely yard, two off-street parking spaces, coin op laundry and designated storage units. Bonus space in the basement for storage or bring your imagination. See it before it's gone!
Active
Price cut: $16K (6/5)
$859,000
3905 SE 54th Ave, Portland, OR 97206
5beds
4,410sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Wood burning fireplaceLovely yardCharming built-insOff-street parking spacesRestored hardwood floors
- 26 days
- on Zillow |
- 1,221 |
- 106 |
Zillow last checked: 7 hours ago
Listing updated: June 05, 2025 at 03:29am
Listed by:
Chelsea McAlister 503-806-2045,
Urban Nest Realty
Source: RMLS (OR),MLS#: 735789972

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Fireplace(s)
Appliances
- Included: Refrigerator, Range, Electric Water Heater
- Laundry: Common Area
Features
- Storage
- Flooring: Hardwood
- Basement: Storage Space,Unfinished
Interior area
- Total structure area: 4,410
- Total interior livable area: 4,410 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 3,920.4 Square Feet
- Features: Corner Lot, Level, SqFt 3000 to 4999
Details
- Parcel number: R105914
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- Updated/Remodeled
- Year built: 1925
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Subdivision: Foster Powell
Location
- Region: Portland
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $722,350
- Annual tax amount: $5,825
- Date on market: 5/16/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 3745
- Road surface type: Paved
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