5420 NE 13TH AVE Portland, OR $ 625,000
5420 NE 13TH AVE
$ 625,000
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5420 NE 13TH AVE

Portland, OR, 97211
$ 625,000
Bedrooms2 Baths1.0 Sq 1,600

Monthly Estimate*

$ 3,899

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Multi-Family Home for sale in Portland, OR

for $625,000 with 2 bedrooms and 1 full bath. This 1,600 square foot home was built in 1948 on a lot size of 0.12.

Charming 1948 duplex in the desirable Vernon neighborhood, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms located on the main floor. Recent improvements include: new exterior paint, new garage doors, new cedar siding in the front, new interior paint in one unit and refreshed landscaping. Each unit features 800 sq ft of living space, plus a partially finished basement providing ample storage or potential for expansion. Situated on a 5,000 sq ft lot, the property includes a built-in garage and off-street parking. Conveniently located near Alberta Arts District, with easy access to shops, restaurants, and public transportation. Ideal for investors or owner-occupants seeking rental income.

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Multi-Family Pending

Price

$ 625,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,138

Style

Lot Size

0.12

Year Built

1948

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

621509879

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition Shingle
Zoning RM2
Garage Spaces 2.0
Year Built 1948
Stories Count 2
Tax Year 2024
Parcel Number R125477
Gross Income 19440.0
County Multnomah
Net Operating Income 8201.0
Operating Expense 11239.0
Property Type MultiFamily
HOA N
Subdivision Name VERNON
Rent Includes None
Status Pending
Directions Take NE 15th Ave to NE 13th Ave Turn left onto NE 13th Ave Destination will be on the left
High School Jefferson
City Portland
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Vernon
Tax Annual Amount 3138.92
Middle/Junior High School Vernon
Property Condition Approximately
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description CAESAR PK BLOCK 5 LOT 1
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Interior
Basement PartialBasement
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Exterior
Parking Features Driveway
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodComposite
Foundation Details ConcretePerimeter
Building Area Total 1600.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 5420
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* Excluded Features
List By
Keller Williams Premier Partners

Broker

jacqueline@evergreenrealestatepartners.com

Contact

Affordability Calculator

$4,161
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2025$625,000 -2.34% Price Down
6/21/2025$640,000 -11.72% Price Down
1/22/2025$725,000 Listed Price

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5420 NE 13TH AVE, Portland, OR, 97211 is a Multi-Family Home for sale at $625,000 with 1,600 sqft and a lot size of 0.12. 5420 NE 13TH AVE has 2 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 97211 which is in Portland, OR