5623 SW BOUNDARY ST Portland, OR $ 659,000
5623 SW BOUNDARY ST
$ 659,000
Recently Listed
Share Save

5623 SW BOUNDARY ST

Portland, OR, 97221
$ 659,000
Bedrooms2 Baths3.0

Monthly Estimate*

$ 4,058

5623 SW BOUNDARY ST, Portland, OR 97221 - Image 1
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 2
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 3
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 4
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 5
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 6
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 7
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 8
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 9
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 10
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 11
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 12
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 13
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 14
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 15
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 16
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 17
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 18
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 19
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 20
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 21
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 22
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 23
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 24
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 25
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 26
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 27
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 28
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 29
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 30
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 31
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 32
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 33
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 34
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 35
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 36
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 37
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 38
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 39
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 40
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 41
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 42
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 43
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 44
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 45
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 46
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 47
5623 SW BOUNDARY ST, Portland, OR 97221 - Image 48
View a Virtual Tour

Multi-Family Home for sale in Portland, OR

for $659,000 with 2 bedrooms and 3 full baths. This home was built in 1951 on a lot size of 0.48.

Unique SW Portland property offering flexibility, space, and opportunity on a rare .48-acre lot. Originally built as a single-family residence, the home is currently configured to accommodate two living areas, creating a variety of possibilities for owner-occupants and investors alike.The layout works well for those looking to live in one portion of the home while generating income from the other, host extended guests, or create a comfortable multi-generational living arrangement. The additional living space may also appeal to buyers interested in exploring short-term rental opportunities, depending on local regulations. For those wanting a traditional layout, the home could also be reimagined and converted back to a single-family residence.The expansive lot is a standout feature, offering outdoor space rarely found this close to the city. The large yard provides room for gardening, recreation, pets, and outdoor entertaining. A newly rebuilt deck creates a welcoming outdoor living area to relax and enjoy the surrounding space.Additional features include a new furnace, oversized garage with room for parking, storage, or workshop use, two separate driveways providing convenient access and off-street parking, and a storage shed for tools and equipment.The size of the lot may also offer future possibilities depending on zoning allowances. Buyers are encouraged to perform their own due diligence with the appropriate authorities regarding development potential and permitted uses.Conveniently located in SW Portland with easy access to parks, shopping, dining, and commuter routes, this property offers a rare combination of versatility, outdoor space, and long-term potential.

See more

Multi-Family Active

Price

$ 659,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,696

Style

Lot Size

0.48

Year Built

1951

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

738930048

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Cooling CentralAir
Roof Metal
Zoning R5
Year Built 1951
Parcel Number R111054
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name Hayhurst
Rent Includes None
Status Active
Directions OR 10 to Shattuck to SW Boundary
High School Ida B Wells
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 20908.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Hayhurst
Tax Annual Amount 7696.94
Middle/Junior High School Robert Gray
Virtual Tour https://book.boulevardrealestatemedia.com/sites/rppmnqno/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description B P CARDWELL TR LOT 10 TL 2000
See more
Interior
Basement Daylight
Hot Water Electricity Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit Type UnitTypeType1
See more
Exterior
Parking Features Garage OffStreet
Water Source PublicWater
Total Parking 1.0
Exterior Description LapSiding VinylSiding
Foundation Details Slab
Lot Size Acres 0.48
Road Surface Type Paved
See more
Internal Only
Street Number 1 5623
See more
* Excluded Features
List By
Epique Realty

Broker

541-981-1436

Contact

Affordability Calculator

$4,699
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,058
Monthly Property Taxes
$641
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3254088 Elementary School
3254083 Middle School
Ida B Wells High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$659,000 Listed Price

Map


See all

5623 SW BOUNDARY ST, Portland, OR, 97221 is a Multi-Family Home for sale at $659,000 with a lot size of 0.48. 5623 SW BOUNDARY ST has 2 bedrooms, 3.0 baths, and was built in 1951. The property's zip code is 97221 which is in Portland, OR