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!
Active
$524,995
5215 N Willis Blvd, Portland, OR 97203
3beds
1,519sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$346/sqft
$-- HOA
What's special
Off-street parkingCorner lot
- 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#: 325493717

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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