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!!
Sold
$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
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#: 23521770

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