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5215 N Willis Blvd

Portland, OR 97203
  • $524,995
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 325493717
UPDATED: 85 min ago
$524,995
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,519
    SQFT
  • $346
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Information

Elementary School:
Middle School:
High School:

Description

Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don't miss your chance to capitalize on this income-producing gem in Portland's NoPo/St. Johns area!

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-19T21:48:42.27.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/159750379
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5215 N Willis Blvd Portland, OR 97203

  • Price: $524,995
  • Status: Active
  • On Site: 82 Days
  • Updated: 85 min ago
  • MLS #: 325493717
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,519
SQFT
$346
$/SQFT
1956
Built
Neighborhood:
141-Portland North
County:
Multnomah
Area:
141-Portland North
Elementary School:
Cesar Chavez
Middle School:
Cesar Chavez
High School:
Roosevelt
Property Description
Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don't miss your chance to capitalize on this income-producing gem in Portland's NoPo/St. Johns area!
Exterior Features

Attached Garage YN No Exterior Description Vinyl Siding Wood Siding Lot Features Corner Lot Parking Features On Street Road Surface Type Paved Roof Composition View YN No

Interior Features

Basement Crawl Space Cooling YN No Heating Forced Air Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Gas Green Certification YN No Gross Income 33240 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 28078 Operating Expense 5162 Property Attached YN No Property Condition Existing Rent Includes None Sewer Public Sewer Short Sale YN No Tax Annual Amount 4166.64 Tax Year 2024 Water Source Public Water Zoning R5

Listing provided courtesy of RE/MAX Equity Group: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-04-19T21:48:42.27.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301