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5232 SE Malden St, Portland, OR 97206 — photograph 1

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5232 SE Malden St, Portland, OR 97206 — photograph 1
3 Beds2.5 Baths1,970 sqft

5232 SE Malden St, Portland

$465,000

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PendingMLS®: 543616680Listing held by another brokerage, marked RMLS
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

Map showing the location of 5232 SE Malden St, Portland, OR 97206
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,005 /mo

20% · $93,000
7.00%
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.

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