5123/5125 NE KILLINGSWORTH ST Portland, OR $ 437,500
5123/5125 NE KILLINGSWORTH ST
$ 437,500
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5123/5125 NE KILLINGSWORTH ST

Portland, OR, 97218
$ 437,500
Bedrooms4 Baths2.0 Sq 1,702

Monthly Estimate*

$ 2,694

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Multi-Family Home for sale in Portland, OR

for $437,500 with 4 bedrooms and 2 full baths. This 1,702 square foot home was built in 1984 on a lot size of 0.12.

Looking for a turn-key investment with serious upside? Look no further than this Cully Duplex gem in vibrant NE Portland! New Roof and maintenance completed! Both units have updated, kitchens & bathrooms! Kitchens feature modern cabinetry, quartz counters and SS appliances. Townhouse style units include new rear Sliders, electric fireplaces, individual storage units, private patios and washer/dryer units. Off-street assigned parking round out this perfect investment near NE 42nd, Alberta Street, Fernhill Park and PDX International! Current annual income with in-place rents = $41,880. Selling at an outstanding 10.5 GRM with potential rent growth.

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Multi-Family Active

Price

$ 437,500

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,285

Style

Lot Size

0.12

Year Built

1984

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

640026506

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling WindowUnit
Roof Composition Shingle
Zoning RM1
Security Features SecurityLights
Year Built 1984
Stories Count 2
Tax Year 2025
Parcel Number R113605
Gross Income 41880.0
Community Features FrontYardLandscaping
County Multnomah
Net Operating Income 23258.0
Operating Expense 18622.0
Property Type MultiFamily
HOA N
Subdivision Name Cully
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions north side of NE Killingsworth Street on corner of NE 50th Place
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Rigler
Tax Annual Amount 6285.7
Middle/Junior High School Beaumont
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BEE'S ADDITION LOT 1 INC UND 1/4 INT TRACT A
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Interior
Basement CrawlSpace
Storage Attached IndividualStorageUnits
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned Paved
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 3.0
Exterior Description Panel
Foundation Details ConcretePerimeter
Building Area Total 1702.0
Lot Dimensions 77' x 66'
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 5123
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* Excluded Features
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Broker

bpspear@gmail.com

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Affordability Calculator

$3,218
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,694
Monthly Property Taxes
$524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3269614 Elementary School
3269609 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$415,000 Listed Price

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5123/5125 NE KILLINGSWORTH ST, Portland, OR, 97218 is a Multi-Family Home for sale at $437,500 with 1,702 sqft and a lot size of 0.12. 5123/5125 NE KILLINGSWORTH ST has 4 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 97218 which is in Portland, OR