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  • $524,995

    5215 N Willis Blvd, Portland, OR 97203

    3beds
    1,519sqft
    : 
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $346/sqft
    $-- HOA

    What's special

    Off-street parkingCorner lot
    Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don’t miss your chance to capitalize on this income-producing gem in Portland’s NoPo/St. Johns area!
    99 days
    on Zillow
    |
    438
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 21, 2025 at 05:45am

    Listed by:

    Kevin Smallbeck 503-351-4989,

    RE/MAX Equity Group,

    Michael Shelangoski 503-330-5353,

    RE/MAX Equity Group

    Source: RMLS (OR),MLS#: 325493717MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5215 N Willis Blvd.

    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,519
    • Total interior livable area: 1,519 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Corner Lot, SqFt 5000 to 6999
    Details
    • Parcel number: R248929
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1956

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $346/sqft
    • Annual tax amount: $4,166
    • Date on market: 1/26/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 2770
    • Road surface type: Paved
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