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3206 S KELLY AVE Portland, OR $ 480,000
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3206 S KELLY AVE
$ 480,000
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3206 S KELLY AVE

Portland, OR, 97239
$ 480,000
Bedrooms2 Baths2.0 Sq 2,238

Monthly Estimate*

$ 2,955

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Multi-Family Home for sale in Portland, OR

for $480,000 with 2 bedrooms and 2 full baths. This 2,238 square foot home was built in 1889 on a lot size of 0.03.

Lair Hill Victorian duplex just steps from the pedestrian bridge. High ceilings, fir floors, and ductless heating and cooling. Convenient to OHSU and PSU and downtown Portland. Double-pane windows. Tile floors and clawfoot tub w/shower in both bathrooms. Skylights provide ample natural light. Shared fenced back yard and full basement. Separate laundry (in-unit for upper unit, in basement for main level unit). Legal duplex is a great opportunity for owner occupied or steady rental income. Pop down to the South Waterfront restaurants/shops and Tillicum Crossing/waterfront trails. Photos of upper unit when last vacated.

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Multi-Family Active

Price

$ 480,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,845

Style

Lot Size

0.03

Year Built

1889

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

303635217
Features
General
Sewer PublicSewer
Heating Ductless
Cooling HeatPump MiniSplit
Roof Composition
Zoning RH
Security Features Entry
Year Built 1889
Stories Count 2
Tax Year 2025
Parcel Number R129045
Gross Income 38400.0
County Multnomah
Net Operating Income 23400.0
Operating Expense 15000.0
Property Type MultiFamily
HOA N
Subdivision Name LAIR HILL
Rent Includes Gas Sewer TrashCollection Water
Status Active
Directions Barber Blvd - Bancroft -SW Kelly/Hood Ave - Gibbs - Kelly
High School Ida B Wells
City Portland
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 1306.0
Listing Terms Cash Conventional
Elementary School Capitol Hill
Tax Annual Amount 8845.59
Middle/Junior High School Jackson
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CARUTHERS ADD BLOCK 117 S 25' OF W 60' OF LOT 8
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Interior
Basement FullBasement
Storage Basement
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details Other
Building Area Total 2238.0
Lot Dimensions 1500 SF
Lot Size Acres 0.03
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Internal Only
Street Number 1 3206
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* Excluded Features
List By
Coldwell Banker Bain

Broker

503-423-7453

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Affordability Calculator

$3,693
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,955
Monthly Property Taxes
$737
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
3254078 Elementary School
3254087 Middle School
Ida B Wells High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$480,000 Listed Price

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3206 S KELLY AVE, Portland, OR, 97239 is a Multi-Family Home for sale at $480,000 with 2,238 sqft and a lot size of 0.03. 3206 S KELLY AVE has 2 bedrooms, 2.0 baths, and was built in 1889. The property's zip code is 97239 which is in Portland, OR

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