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5623 N Gay Ave 2, Portland, OR 97217 — photograph 1

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5623 N Gay Ave 2, Portland, OR 97217 — photograph 1
4 Beds3.5 Baths2,557 sqft

5623 N Gay Ave 2, Portland

$724,900

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ActiveMLS®: 797183613Listing held by another brokerage, marked RMLS
Price per sqft
$283.50
Built in
2020
Property size
2,557 sqft
Property type
Residential
Days on market
198

Overview

Designed for modern living, I offer exceptional flexibility across three thoughtfully planned levels. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I pair elevated finishes with a layout created for connection, comfort, and versatility. My main level welcomes you with a bright, open great room where the kitchen, dining, and living spaces flow seamlessly together for everyday living and easy entertaining. A convenient half bath adds functionality for guests. My living room is anchored by a fireplace with striking floor to ceiling tilework, while expansive windows fill the space with natural light. My kitchen features a full size island with eat bar seating, stainless steel appliances, extensive custom cabinetry, and a window over the sink framing lush greenery. Stylish lighting and clean modern finishes continue throughout. From the dining area, a sliding door opens to a covered deck and fully fenced yard, extending the living space outdoors for relaxing, entertaining, or enjoying the peaceful surroundings. Upstairs, I offer three well proportioned bedrooms and two full bathrooms, including a spacious primary suite with a walk in closet and walk in shower. Laundry is conveniently located between the bedrooms. My ground level adds exceptional versatility with an attached garage and separate living quarters featuring one bedroom, one full bathroom, exterior access, and dedicated laundry. This flexible space is ideal for guests, multigenerational living, or potential rental income. Set in a well connected North Portland location near Arbor Lodge Park, New Seasons Market, the dining, cafes, and shopping along N Lombard Street, and convenient access to St. Johns, I offer modern comfort, functionality, and everyday convenience. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10182385]

Details

Interior

Interior features
Garage Door Opener, High Ceilings, Hookup Available, Laundry
Appliances
Dishwasher, Disposal, Free Standing Gas Range, Island, Microwave, Plumbed For Ice Maker, Solid Surface Countertop, Stainless Steel Appliance
Fireplace
Yes
Fireplaces
1
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air, Wall Heater
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Exterior features
Fenced, Porch, Yard
Lot features
Level, Trees
Architectural style
Contemporary, Townhouse
Roof
Composition
View
Yes
View description
Trees / Woods

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Driveway
Total parking
1

Schools

High school
Jefferson
Middle school
Ockley Green
Elementary school
Beach

Location

City
Portland
County
Multnomah
Zoning
R2.5
Subdivision
OVERLOOK

Taxes and dues

Annual taxes
$10,697 (2025)
HOA dues
$89 / month

Location

5623 N Gay Ave 2, Portland, OR 97217

Map showing the location of 5623 N Gay Ave 2, Portland, OR 97217
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,839 /mo

20% · $144,980
7.00%
Principal and interest
$3,858
Property tax (2025)
$891
HOA dues
$89
Total
$4,839

Estimate only, and not an offer of credit. Assumes 20% down ($144,980) 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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