5108 NE Glisan St Portland, OR 97213
Listing Courtesy of: RMLS / Windermere Realty Trust / Joe Spanish - Contact:  503-860-2805

  5108 NE Glisan St Portland, OR 97213

Active (36 Days)
$619,000
3
BED
2
BATH
1,838
SQFT

Description

Step into Portland's past with this impeccably preserved 1884 duplex?a unique opportunity to own a piece of history while enjoying modern comforts. This property lives like a home with an ADU in the basement, offering flexibility for multi-generational living or rental income if you want to occupy. Professionally managed for a hassle-free experience, the duplex boasts 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 5%, 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. Currently only the upstairs unit is rented and that income will shave thousands of dollars off your mortgage payment each month if you live in the basement unit!

MLS #:
24358566
Taxes
$4,989(2023)
Lot Size
4,356 SQFT
Type
Single-Family Home
Year Built
1884
Style
Other
County
Multnomah County

Listed By

Joe Spanish, Windermere Realty Trust, Contact: 503-860-2805
Source
RMLS
Last checked Jul 24 2024 at 5:03 PM PDT
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Separate Living Quarters/Apartment/Aux Living Unit
Lot Information
  • Gentle Sloping
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: Block
Heating and Cooling
  • Forced Air
Basement Information
  • Exterior Entry
  • Separate Living Quarters/Apartment/Aux Living Unit
  • Finished
Exterior Features
  • Shingle Siding
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Laurelhurst
  • Middle School: Laurelhurst
  • High School: Grant
Parking
  • Off Street
Stories
  • 2
Living Area
  • 1,838 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 16, 2024
Price Changed
$619,000
-3%
-20,000
Jun 18, 2024
Original Price
$639,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than (fill in the site owning Broker company name here) are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/24/24 10:03