
Photograph 1 of 39
5232 SE Malden St, Portland
$465,000
Save- Price per sqft
- $236.04
- Built in
- 2008
- Property size
- 1,970 sqft
- Lot size
- 2,614 sqft
- Property type
- Residential
- Days on market
- 86
Overview
Some homes put you close to everything. This one lets you rise above it.Perched over the heart of SE Portland, sunsets and city lights spill across the view while Woodstock, Sellwood, Eastmoreland, parks, coffee, dining and transit are all just minutes away. Close the gate and the city fades a little. Your own tucked-away sanctuary, with Portland still right outside.Inside, the kitchen is the kind people linger in—an oversized leathered-granite island, cooktop, stainless appliances and room for dinner to turn into drinks and drinks to turn into midnight. Oversized windows pull the light in, a gas fireplace warms things up, and the view deck practically demands a sunset.Upstairs, three bedrooms include a vaulted primary suite with Juliet balcony, dual closets and private bath. Downstairs? A separate entrance and a whole lot of possibility—guest suite, studio, office, future ADU, or the beginning of something bigger.Because here’s where this house gets interesting. CM1 mixed-use zoning. Coffee shop? Massage studio? Therapy practice? Creative workspace? Live upstairs, dream downstairs. Buyers to verify permitted uses with the City of Portland.Fully fenced with multiple decks, a private paver patio, mature landscaping, big garage and Level 2 EV charging.A little private. A little unexpected. And very Portland. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10185178]
Details
Interior
- Interior features
- Third Floor, Ceiling Fan, Garage Door Opener, Granite, High Ceilings, Vaulted Ceiling, Vinyl Floor, Wall to Wall Carpet, Washer / Dryer
- Appliances
- Dishwasher, Disposal, Free Standing Refrigerator, Granite, Island, Stainless Steel Appliance
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Gas
- Cooling
- Yes
- Cooling description
- Central Air
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 2,614 sqft
- Exterior features
- Deck, Porch, Sprinkler, Yard
- Lot features
- Level, Private
- Architectural style
- Live Work Unit, Traditional
- Roof
- Composition
- View
- Yes
- View description
- Territorial, Trees / Woods, Valley
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 1
- Parking
- Driveway
- Total parking
- 1
Schools
- High school
- Cleveland
- Middle school
- Sellwood
- Elementary school
- Lewis
Location
- City
- Portland
- County
- Multnomah
- Zoning
- CM1
- Subdivision
- ERROL HEIGHTS
Taxes and dues
- Annual taxes
- $6,356 (2025)
Location
5232 SE Malden St, Portland, OR 97206

Monthly payment estimate
$3,005 /mo
- Principal and interest
- $2,475
- Property tax (2025)
- $530
- Total
- $3,005
Estimate only, and not an offer of credit. Assumes 20% down ($93,000) 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.















































