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135 NE 55th Ave, Portland, OR 97213 — photograph 1

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135 NE 55th Ave, Portland, OR 97213 — photograph 1
5 Beds3 Baths2,700 sqft

135 NE 55th Ave, Portland

$725,000

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ActiveMLS®: 597775079Listing held by another brokerage, marked RMLS
Price per sqft
$268.52
Built in
1950
Property size
2,700 sqft
Lot size
5,663 sqft
Property type
Residential
Days on market
198

Overview

DO NOT DISTURB TENANTS in #135. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history (tenant just vacated after 17 years) & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT Feb 2026 (2021 for #135). Ideal for investors or owner-occupants seeking rental income, this property provides flexibility and long-term value. Situated on a corner lot, just minutes from local shops, restaurants, Providence Hospital, parks & public transportation, tenants enjoy both convenience and neighborhood charm. Unit 133 features 2 bedrooms, 1 bathroom, refinished hardwood floors throughout, stacked W/D, dishwasher, gas range, refrigerator & fenced yards with a great covered patio. Unit 135 features 3 bedrooms, 2 bathrooms (one on each level), vaulted beam ceilings, wood burning fireplace, private driveway, 1 car garage & finished basement. Each unit offers comfortable living spaces with abundant natural light and practical floor plans designed for everyday living. With consistent rental demand in this desirable NE Portland area, this duplex presents an excellent opportunity to add a stable asset to your portfolio or live in one unit while renting the other. Close proximity to downtown Portland, Providence Hospital, major commuter routes and popular neighborhood amenities makes this property especially attractive. Don’t miss this rare chance to own a versatile, income-producing property! HES= 6 (unit 133); HES = 1 (unit 135)

Details

Interior

Interior features
Hardwood Floors, Vaulted Ceiling, Wall to Wall Carpet, Washer / Dryer
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Gas Appliances
Fireplace
Yes
Fireplaces
1
Fireplace description
Wood Burning
Cooling
No
Cooling description
None
Heating
Yes
Heating description
Forced Air
Windows
Vinyl Frames

Exterior and lot

Lot size
5,663 sqft
Exterior features
Covered Patio, Deck, Fenced, Yard
Lot features
Corner Lot, Level
Architectural style
Custom Style
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway, On Street
Total parking
1

Schools

High school
Franklin
Middle school
Mt Tabor
Elementary school
Glencoe

Location

City
Portland
County
Multnomah
Zoning
R-2.5
Subdivision
NORTH TABOR

Taxes and dues

Annual taxes
$7,223

Location

135 NE 55th Ave, Portland, OR 97213

Map showing the location of 135 NE 55th Ave, Portland, OR 97213
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,461 /mo

20% · $145,000
7.00%
Principal and interest
$3,859
Property tax
$602
Total
$4,461

Estimate only, and not an offer of credit. Assumes 20% down ($145,000) 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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