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  • $800,875

    5255 NE Cleveland Ave, Portland, OR 97211

    4beds
    2,766sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $801,300 Zestimate®
    $290/sqft
    $-- HOA

    What's special

    A true Anomaly...to find this Multi-family opportunity nestled amongst Single family residential homes is a rare occurrence. Well loved and impeccably maintained in the heart of Piedmont. The perfect owner occupied Duplex to start your homeownership journey or adding to your portfolio. Proximity to the Williams corridor, Alberta shops, restaurants galore and mass transit...this just doesn't present itself often. A Bike score of 100%...this is truly a bikers paradise. Deemed "The Emerald", Piedmont was originally platted in 1889 and was known to be Portland's first planned community according to the Piedmont Neighborhood Association.The plat included 15 feet wide alleys that ran north to south. All water, gas, and sewer pipes as well as all electric, telegraph, and telephone lines except where absolutely necessary for street lights, were confined to the alleys. Electric and horse cars were allowed on any street as long as there was consent of two-thirds of the street?s property owners. The electric system was provided through an exclusive contract between The Investment Company and the City of Albina. This franchise was the last civic act of the independent City of Albina before it incorporated with Portland and East Portland in 1891. Some incredible history on the neighborhood and Piedmont proper....now its your turn to be part of history!!

    Zillow last checked: 7 hours ago

    Listing updated: May 20, 2023 at 02:37am

    Listed by:

    Patrick J. Henry, P.C. 503-789-6002,

    Coldwell Banker Bain

    Bought with:

    Patrick J. Henry, P.C., 990200171

    Coldwell Banker Bain

    Source: RMLS (OR),MLS#: 23521770MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Fireplace(s)
    Appliances
    • Included: Refrigerator, Electric Water Heater
    Features
    • Storage
    • Flooring: Hardwood
    • Basement: Full,Storage Space
    Interior area
    • Total structure area: 2,766
    • Total interior livable area: 2,766 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage
    • Has garage: Yes
    Features
    • Stories: 2
    Lot
    • Features: SqFt 5000 to 6999
    Details
    • Parcel number: R297999
    • Zoning: R2.5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Restored
    • Year built: 1949

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Piedmont

    HOA & financial

    Other financial information
    • Total actual rent: 1800

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $801,300