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  • $550,000

    5525 E Burnside St, Portland, OR 97215

    --beds
    --baths
    1,839sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $299/sqft
    $-- HOA

    What's special

    Gas fireplaceBeautifully landscaped backyardArchitectural glassWarm and inviting lobbyPrivate officesOriginal unpainted millworkAda compliant bathroom
    This exceptionally charming Victorian office building is perfect for your business! The warm and inviting lobby features original unpainted millwork, architectural glass, and vintage light fixtures and is a fantastic way to welcome clients. The communal common space offers a welcome desk, kitchenette, relaxing lounge area, and ADA compliant bathroom and is an excellent training or group gathering space. There are two private offices on the first floor, and three more upstairs: one of which has a gas fireplace and separate lounge and workspaces. A second full bathroom, off-street parking, and beautifully landscaped backyard- with retractable awning and wiring for electrical heat- are lovely touches that increase the rentability of the space. This property has been meticulously cared for through the years, and the maintenance shows. Each office is leased by individual long term tenants who are happy to stay on: enjoy a ready-made cash flowing investment property, take over one of the offices and have tenants pay most of your expenses, or move into the whole building and run your dream business from this creative, historic property. There is even potential for a live/work space here: the opportunities are endless!
    3 days
    on Zillow
    |
    154
    |
    3
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 02:06am

    Listed by:

    Kimberly Parmon 503-438-5101,

    Living Room Realty

    Source: RMLS (OR),MLS#: 674008319MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5525 E Burnside St.

    Next available tour time:Today at 3:30pm

    Facts & features

    Interior

    Heating
    • Forced Air, Heat Pump
    Cooling
    • Heat Pump, Air Conditioning
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood
    • Basement: Dirt Floor,Partial,Unfinished,Storage Space
    Interior area
    • Total structure area: 1,839
    • Total interior livable area: 1,839 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 4,791.6 Square Feet
    • Features: Level, Trees, SqFt 3000 to 4999
    Details
    • Parcel number: R281556
    • Zoning: CM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Other
    • Roof: Composition
    Condition
    • Converted
    • Year built: 1890

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Unknown
    • Subdivision: Mt. Tabor
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $299/sqft
    • Tax assessed value: $517,640
    • Annual tax amount: $4,417
    • Date on market: 5/1/2025
    • Listing terms: Cash,Other
    • Total actual rent: 3810
    • Road surface type: Paved
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