Bought with KJK Properties PC
$505,000
$499,900
1.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,372 SqFt
SOLD DATE : 07/21/2025
Key Details
Sold Price $505,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,372 sqft
Price per Sqft $212
Subdivision Errol Heights
MLS Listing ID 274182507
Sold Date 07/21/25
Style Bungalow, Ranch
Bedrooms 4
Full Baths 2
Year Built 1925
Annual Tax Amount $4,872
Tax Year 2024
Property Sub-Type Single Family Residence
Property Description
Veterans - Transferrable VA Appraisal in May of 2025 at $525,000! Stunning Remodeled Duplex in the Heart of SE Portland – Ideal for Investment or Multi-Generational Living!Welcome to 5324–5326 SE Flavel Street – a beautifully remodeled, move-in ready duplex located in a vibrant SE Portland neighborhood. This thoughtfully updated property offers two fully independent units, each with separate utility metering, modern finishes, and exceptional functionality for both homeowners and investors.Main Unit (5324):Spacious and bright, this 1,867 SQ FT unit features 3 bedrooms and 1 stylishly renovated bathroom. Enjoy year-round comfort with brand-new ductless heating and cooling throughout. The large, unfinished basement offers immense potential – perfect for storage, a workshop, or a future ADU conversion (buyer to verify). A detached 1-car garage adds convenience and value.Second Unit (5326):This charming 1-bedroom, 1-bathroom unit spans 648 SQ FT and boasts a full interior makeover, complete with a new high-efficiency gas furnace. It's the perfect space for extended family, guests, or rental income.Key Upgrades & Features:* All new exterior paint, roof, and gutters* Updated electrical service and panels* Substantial plumbing updates including new water heaters* Separate metering for all utilities* Modernized interiors with a clean, contemporary aestheticLocated near shops, parks, schools, and easy transit options, this duplex is a rare opportunity to own a turn-key, income-producing property in one of Portland's most desirable neighborhoods.Live in one unit and rent the other, or maximize your returns with dual-rental income – the possibilities are endless!
Location
State OR
County Multnomah
Area _143
Rooms
Basement Exterior Entry, Partial Basement, Unfinished
Interior
Interior Features Accessory Dwelling Unit, Hookup Available, Laundry, Vinyl Floor, Wallto Wall Carpet
Heating Forced Air, Heat Pump, Mini Split
Cooling Heat Pump, Mini Split
Appliance Cooktop, Dishwasher, Free Standing Range, Free Standing Refrigerator, Microwave, Pantry
Exterior
Exterior Feature Fenced, Guest Quarters, Outbuilding, Patio, Porch, R V Parking, R V Boat Storage, Tool Shed, Workshop, Yard
Parking Features Detached, ExtraDeep
Garage Spaces 1.0
Roof Type Composition
Garage Yes
Building
Lot Description Level, Private
Story 1
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Cleveland
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Principal Broker | Lic# 201210644
ted@beachdogrealestategroup.com
1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006