4555 NE 119TH AVE Portland, OR $ 599,000
4555 NE 119TH AVE
$ 599,000
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Open House 4/18 11am - 1pm
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4555 NE 119TH AVE

Portland, OR, 97220
$ 599,000
Bedrooms4 Baths3.0 Sq 2,318

Monthly Estimate*

$ 3,688

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Multi-Family Home for sale in Portland, OR

for $599,000 with 4 bedrooms and 3 full baths. This 2,318 square foot home was built in 1958 on a lot size of 0.45.

Unicorn property alert! Half an acre with the perfect 2-level house that can be used as one cozy home or as two separate units with a garage plus a detached shop and office. Each floor features 2 bedrooms, a bathroom, its own kitchen, living, dining, laundry, and covered deck/patio. The lower level can be accessed through interior stairs (that could be closed off) and through its own exterior entrance, perfect for a second living space or ADU rental if desired. Mid-century modern magic abounds w/ a statement wood-burning fireplace, vintage built-in shelves, and hardwood floors throughout main level. Renovated kitchen w/ quartz countertops, shaker cabinets, farmhouse sink, classic beadboard backsplash, and stainless-steel high-end refrigerator. An Edison bulb light fixture & classic built-in hutch distinguish the dining room. You can keep an eye on all the activities and enjoy the wildlife from the rejuvenated deck w/ views of the private, fenced backyard. Main bathroom shower features soothing slate blue tile, a corner bench, and natural pebble tile floor. Downstairs, there’s a spacious living room for everyone to gather around the fireplace, a second kitchen w/ a slider to the patio, and renovated bedrooms (the smaller one is non-conforming due to window size & height). There’s a detached 36‘x23‘ 2-bay shop including an insulated 15‘x13‘ office, perfect for concentrating while working from home with privacy. A 30-amp, 110-volt RV hookup w/ sewer connection is ready to host traveling guests, and there’s an abundance of paved parking space. Garden beds await your green thumb as well as 4 walnut trees & blooming vegetation! New mini split system for air conditioning & heat, electric ranges (plumbed for gas), fireplaces converted back to wood-burning but could be gas again. Extensive re-pipe in 2021 + new electric panels upstairs & downstairs on separate meters. Located at the end of a street in spunky, community-minded Parkrose, this unique home is ready to be yours!

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Open House

4/18/2026 11:00 AM - 1:00 PM
4555 NE 119TH AVE Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 599,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,146

Style

Lot Size

0.45

Year Built

1958

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

450802812

Features
General
Sewer PublicSewer
Heating HeatPump MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Zoning RM1
Garage Spaces 4.0
Security Features SecurityLights
Year Built 1958
Stories Count 2
Tax Year 2026
Parcel Number R318480
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name PARKROSE
Rent Includes MaintenanceGrounds TrashCollection
Status Active
Directions From Sandy Blvd south on 119th to end of street on right
High School Parkrose
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 19602.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Prescott
Tax Annual Amount 4146.25
Middle/Junior High School Parkrose
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=7Td8FtK99kD
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 22 1N 2E TL 3100 0.45 ACRES
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Interior
Basement Daylight
Storage Garage IndividualStorageUnits
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway RVAccessParking
Lot Features GentleSloping Seasonal Trees
Water Source PublicWater
Total Parking 8.0
Exterior Description Cedar WoodSiding
Building Area Total 2318.0
Lot Size Acres 0.45
Road Surface Type Paved
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Internal Only
Street Number 1 4555
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-347-8890

Contact

Affordability Calculator

$4,034
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
$346
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
1949353 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$599,000 Listed Price

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4555 NE 119TH AVE, Portland, OR, 97220 is a Multi-Family Home for sale at $599,000 with 2,318 sqft and a lot size of 0.45. 4555 NE 119TH AVE has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 97220 which is in Portland, OR