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5315 SE 97th Ave, Portland, OR 97266 — photograph 1

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5315 SE 97th Ave, Portland, OR 97266 — photograph 1
7 Beds4.5 Baths3,125 sqft

5315 SE 97th Ave, Portland

$695,000

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PendingMLS®: 275529627Listing held by another brokerage, marked RMLS
Price per sqft
$222.40
Built in
2007
Property size
3,125 sqft
Lot size
10,019 sqft
Property type
Residential
Days on market
14

Overview

Great investment opportunity featuring two separate units plus additional lower-level living space, multiple garages, generous storage, and updated interiors throughout. Unit A offers 3 bedrooms and 2.1 bathrooms with a spacious kitchen, stainless steel appliances, recessed lighting, and an open living area. The lower-level in-law suite includes 2 bedrooms and 1 bathroom with its own updated kitchen area, modern bath with glass-enclosed shower, laundry, and additional living space. Unit A also includes a 2-car garage, extra storage, and outdoor patio/deck space. The seller is willing to remain in Unit A under a 1-year lease or vacate, depending on the buyer’s preference.Unit B features 2 bedrooms and 1 bathroom, a 1-car garage, additional storage, and a long-term tenant currently paying $1,900/month who would like to stay.A versatile property with multiple income opportunities, separate living spaces, ample parking, garage and storage space, and updated finishes. Excellent option for an investor or owner-occupant looking for additional rental income. Buyer to perform due diligence and verify rental potential, permitted use, bedroom/bathroom count, and property details.

Details

Interior

Interior features
Ceiling Fan, Garage Door Opener, Quartz, Wall to Wall Carpet, Washer / Dryer
Appliances
Dishwasher, Free Standing Refrigerator, Gas Appliances, Island, Quartz, Range Hood, Stainless Steel Appliance
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
10,019 sqft
Exterior features
Fenced, Yard
Lot features
Flag Lot, Sloped
Architectural style
Traditional, Tri-Level
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
3
Parking
Driveway
Total parking
3

Schools

High school
Franklin
Middle school
Kellogg
Elementary school
Lent

Location

City
Portland
County
Multnomah
Zoning
R5A

Taxes and dues

Annual taxes
$9,557 (2025)

Location

5315 SE 97th Ave, Portland, OR 97266

Map showing the location of 5315 SE 97th Ave, Portland, OR 97266
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,496 /mo

20% · $139,000
7.00%
Principal and interest
$3,699
Property tax (2025)
$796
Total
$4,496

Estimate only, and not an offer of credit. Assumes 20% down ($139,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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