5508 NE FREMONT ST Portland, OR $ 600,000
5508 NE FREMONT ST
$ 600,000
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5508 NE FREMONT ST

Portland, OR, 97213
$ 600,000
Bedrooms4 Baths2.0 Sq 3,522

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Portland, OR

for $600,000 with 4 bedrooms and 2 full baths. This 3,522 square foot home was built in 1954 on a lot size of 0.17.

Purpose-built, side-by-side duplex in Rose City Park, not a converted single-family, but two mirrored units designed to function independently from the start. Each side offers 2 bedrooms and 1 bathroom plus a lower-level family room. You also get an attached one-car garage and one parking space in the driveway for each unit. They are both currently rented at $1,417/month with long-term tenants in place. Renters are month-to-month, so a seller can give notice ahead of closing, a real advantage for a buyer who wants to occupy one unit and let the other continue producing income from day one. The roof is approximately 10 years old, and each unit has its own solar array, owned outright, not leased, so a buyer inherits lower utility costs with no ongoing solar payment. New exterior paint. This is a duplex that works for an owner-occupant or a buy-and-hold investor. HES-7 [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252113]

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Multi-Family Pending

Price

$ 600,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,324

Style

Lot Size

0.17

Year Built

1954

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

216967727

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning R2
Garage Spaces 2.0
Year Built 1954
Stories Count 2
Tax Year 2025
Parcel Number R260325
Gross Income 34008.0
County Multnomah
Net Operating Income 23468.0
Operating Expense 10540.0
Property Type MultiFamily
HOA N
Subdivision Name ROSE CITY PARK
Rent Includes TrashCollection
Status Pending
Directions Top of Beaumont Village across from Fire on the Mountain
High School Grant
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Alameda
Tax Annual Amount 7324.15
Middle/Junior High School Beaumont
Property Condition Approximately
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description ROSE CITY PK BLOCK 121 LOT 16
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Interior
Basement Finished
Storage Basement Garage
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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Exterior
Parking Features Driveway Garage
Lot Features CornerLot
Water Source PublicWater
Total Parking 4.0
Exterior Description Brick WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3522.0
Lot Size Acres 0.17
Road Surface Type Paved
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Internal Only
Street Number 1 5508
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* Excluded Features
List By
Lovejoy Real Estate

Broker

jenny@lovejoyrealestate.com

Email

Affordability Calculator

$4,399
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$610
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950249 Elementary School
1951212 Middle School
Grant High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2026$600,000 Listed Price

Map


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5508 NE FREMONT ST, Portland, OR, 97213 is a Multi-Family Home for sale at $600,000 with 3,522 sqft and a lot size of 0.17. 5508 NE FREMONT ST has 4 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 97213 which is in Portland, OR