This one-story duplex in the Cully neighborhood offers exceptional potential: multigenerational living, condo alternative, developers, owner occ with income potential, or investors. Generous lot 11,332 sf provides room for additions, develop 2-6 units, cottage cluster & detached 576 sq. ft. 2 car garage with power is the perfect space for an ADU. Buyer to verify intended use w/the city. These 2-bedroom, 1-bathroom units have been thoughtfully updated and maintained over the years while preserving its classic appeal. One-story floor plan ensures privacy & comfort. It's the perfect home for aging in place with income potential. Lots of space to design separate private outdoor living retreats. Long term renter (5927) provides secure monthly income. Pls do not disturb. Vacant unit 5929 is easy to show, previously rented for $1295 mo. per seller. Shed, fruit trees, lots of off-street parking & front porch northern territorial view. Convenient to neighborhood amenities: Khunamokwst Park, Fernhill Park, Whitaker Ponds Nature Park, Cully and Sumner Street community gardens and PDX Airport.
Sold
$494,900
5927 NE 55th Ave, Portland, OR 97218
4beds
1,346sqft
Multi Family
Built in 1942
-- sqft lot
$495,600 Zestimate®
$368/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 22, 2025 at 08:56am
Listed by:
Rose Anderson 503-320-3298,
Wise Move Real Estate
Bought with:
Tom Portlock, 890100122
MORE Realty
Source: RMLS (OR),MLS#: 375031632

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: None
Interior area
- Total structure area: 1,346
- Total interior livable area: 1,346 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Handicap Access
Features
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.26 Acres
- Dimensions: 11,322
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R197763
- Zoning: R5H
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Approximately
- Year built: 1942
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System
Community
- Community features: All Landscaping
Location
- Region: Portland
- Subdivision: Cully Neighborhood
HOA & financial
Other financial information
- Total actual rent: 2545
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Services availability
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Estimated market value
$495,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$495,600