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5630 SE 88TH AVE Portland, OR $ 475,000
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5630 SE 88TH AVE
$ 475,000
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5630 SE 88TH AVE

Portland, OR, 97266
$ 475,000
Bedrooms4 Baths2.0 Sq 1,560

Monthly Estimate*

$ 2,925

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Multi-Family Home for sale in Portland, OR

for $475,000 with 4 bedrooms and 2 full baths. This 1,560 square foot home was built in 1968 on a lot size of 0.1.

A well-maintained SE Portland duplex in the heart of Lents, professionally managed and lovingly cared for since 2012. Both units are fully occupied with solid rental history making this a true turnkey addition to any portfolio or a solid owner-occupied setup.The front unit (5630) shines with fresh interior paint, a newer tub, carpet, and fridge. Bonus benefits like its own fenced yard, and an in-unit washer/dryer. The back unit (5632) has long-term, reliable rental history.Outside, fresh exterior paint, a new fence, and updated landscaping were all completed in May 2026. Off-street parking for both units.Blocks to Lents Park, cafes, breweries, grocery stores, and the newly renovated Holgate Library, with easy access to I-205. A straightforward investment opportunity in a neighborhood with strong momentum. Offers subject to inspection.

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,020

Style

Lot Size

0.1

Year Built

1968

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

160732392
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning R1
Year Built 1968
Stories Count 1
Tax Year 2025
Parcel Number R231159
Gross Income 24785.0
County Multnomah
Net Operating Income 7613.0
Operating Expense 17001.0
Property Type MultiFamily
HOA N
Subdivision Name LENTS
Rent Includes TrashCollection Water
Status Active
Directions SE Reedway/SE 88th
High School Franklin
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional FHA
Elementary School Lent
Tax Annual Amount 5020.13
Middle/Junior High School Kellogg
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ORPHA PK BLOCK 3 LOT 5
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Exterior
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Exterior Description LapSiding
Foundation Details PillarPostPier
Building Area Total 1560.0
Lot Size Acres 0.1
Road Surface Type Paved
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Interior
Hot Water Electricity
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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Internal Only
Street Number 1 5630
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* Excluded Features
List By
Neighbors Realty

Broker

503-444-9338

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Affordability Calculator

$3,343
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$418
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
1950802 Elementary School
3483333 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/3/2026$475,000 Listed Price

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5630 SE 88TH AVE, Portland, OR, 97266 is a Multi-Family Home for sale at $475,000 with 1,560 sqft and a lot size of 0.1. 5630 SE 88TH AVE has 4 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 97266 which is in Portland, OR

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