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  • $542,500

    5108 NE Glisan St, Portland, OR 97213

    3beds
    2,458sqft
    Multi Family
    Built in 1884
    -- sqft lot
    $551,500 Zestimate®
    $221/sqft
    $2,912 Estimated rent

    What's special

    Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.

    Zillow last checked: 7 hours ago

    Listing updated: August 16, 2025 at 06:46am

    Listed by:

    Joe Spanish 503-860-2805,

    Windermere Realty Trust

    Bought with:

    Claudia Pobanz, 200407226

    Silver Key Real Estate LLC

    Source: RMLS (OR),MLS#: 24178076MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Included: Range, Gas Water Heater
    Features
    • Flooring: Wood
    • Basement: Full
    Interior area
    • Total structure area: 2,458
    • Total interior livable area: 2,458 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    Features
    • Stories: 2
    Lot
    • Features: SqFt 3000 to 4999
    Details
    • Parcel number: R130627
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Shingle Siding
    • Foundation: Block, Concrete Perimeter
    Condition
    • Year built: 1884

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 4200

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete
    Services availability
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    Estimated market value

    $551,500