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  • $505,000

    5324 SE Flavel St, Portland, OR 97206

    4beds
    2,372sqft
    Residential, Single Family Residence
    Built in 1925
    7,500 Square Feet Lot
    $499,400 Zestimate®
    $213/sqft
    $-- Estimated rent

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    What's special

    Veterans - Transferrable VA Appraisal in May of 2025 at $525,000! Stunning Remodeled Duplex in the Heart of SE Portland – Ideal for Investment or Multi-Generational Living!Welcome to 5324–5326 SE Flavel Street – a beautifully remodeled, move-in ready duplex located in a vibrant SE Portland neighborhood. This thoughtfully updated property offers two fully independent units, each with separate utility metering, modern finishes, and exceptional functionality for both homeowners and investors.Main Unit (5324):Spacious and bright, this 1,867 SQ FT unit features 3 bedrooms and 1 stylishly renovated bathroom. Enjoy year-round comfort with brand-new ductless heating and cooling throughout. The large, unfinished basement offers immense potential – perfect for storage, a workshop, or a future ADU conversion (buyer to verify). A detached 1-car garage adds convenience and value.Second Unit (5326):This charming 1-bedroom, 1-bathroom unit spans 648 SQ FT and boasts a full interior makeover, complete with a new high-efficiency gas furnace. It's the perfect space for extended family, guests, or rental income.Key Upgrades & Features:* All new exterior paint, roof, and gutters* Updated electrical service and panels* Substantial plumbing updates including new water heaters* Separate metering for all utilities* Modernized interiors with a clean, contemporary aestheticLocated near shops, parks, schools, and easy transit options, this duplex is a rare opportunity to own a turn-key, income-producing property in one of Portland’s most desirable neighborhoods.Live in one unit and rent the other, or maximize your returns with dual-rental income – the possibilities are endless!

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2025 at 08:11am

    Listed by:

    Jacob Sanchez 503-348-4550,

    Next Generation Real Estate LLC

    Bought with:

    Allison Grice, 200801056

    KJK Properties PC

    Source: RMLS (OR),MLS#: 274182507MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Features: Closet Organizer, Closet, Wallto Wall Carpet
    • Level: Main
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 2
    • Features: Closet Organizer, Closet, Wallto Wall Carpet
    • Level: Main
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 3
    • Features: Closet Organizer, Closet, Wallto Wall Carpet
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Dining room
    • Features: Builtin Features, Vinyl Floor
    • Level: Main
    • Area: 64
    • Dimensions: 8 x 8
    Kitchen
    • Features: Dishwasher, Microwave, Pantry, Updated Remodeled, Free Standing Range, Free Standing Refrigerator, Sink, Vinyl Floor
    • Level: Main
    • Area: 96
    • Width: 8
    Living room
    • Features: Closet Organizer, Closet, Wallto Wall Carpet
    • Level: Main
    • Area: 216
    • Dimensions: 12 x 18
    Heating
    • Forced Air, Heat Pump, Mini Split
    Cooling
    • Heat Pump
    Appliances
    • Included: Cooktop, Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Hookup Available, Eat-in Kitchen, Pantry, Updated Remodeled, Sink, Walk-In Closet(s), Closet Organizer, Closet, Built-in Features
    • Flooring: Vinyl, Wall to Wall Carpet
    • Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames, Wood Frames
    • Basement: Exterior Entry,Partial,Unfinished
    Interior area
    • Total structure area: 2,372
    • Total interior livable area: 2,372 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, RV Access/Parking, RV Boat Storage, Detached, Extra Deep Garage
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Exterior features: Yard, Exterior Entry
    • Fencing: Fenced
    Lot
    • Size: 7,500 sqft
    • Dimensions: 75 x 100
    • Features: Level, Private, SqFt 7000 to 9999
    Details
    • Additional structures: GuestQuarters, RVParking, RVBoatStorage, Workshop, HookupAvailable
    • Parcel number: R144593

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Asbestos, Cement Siding, Other
    • Foundation: Concrete Perimeter, Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Errol Heights

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
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    Estimated market value
    $499,400