5501 East Burnside Street

Portland, OR 97215

$659,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Virtual Tour

Virtual Tour

a front view of a house with a yard
a view of entryway with bathroom
a view of an empty room with a window and wooden floor
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a view of an empty room with wooden floor
a view of an empty room with window and wooden floor
a kitchen with granite countertop a sink stove and cabinets
a kitchen with a refrigerator and a sink
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a kitchen with a refrigerator sink and cabinets
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of an empty room and wooden floor
an empty room with wooden floor and windows
a bathroom with a granite countertop sink a mirror and a shower
a bathroom with a granite countertop sink a mirror and vanity
a bathroom with a granite countertop sink and a mirror
a view of an front door
a view of an empty room with wooden floor
a utility room with dryer and washer
a view of a patio with table and chairs
a view of a storage in a room
a view interior of the house and trees in the background
a living room with a sink and garden view
a picture of floor plan
a picture of a bench in front of a wall
a view interior of house and wooden floor
a view interior of the house
a kitchen with cabinets and wooden floor
a view of a living room and bathroom
a open kitchen with kitchen island a large window appliances and cabinets
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a bathroom with a sink and a mirror
a bathroom with a sink and a mirror
a view of an empty room with wooden floor and a window

Description

This exceptional duplex offers prime access to Providence Medical Center, transit, restaurants, and amenities. Each spacious unit features beautiful hardwood and tile flooring, large bedrooms, updated kitchens and baths with stainless steel appliances, and full-size washers and dryers. Upstairs unit is 2 bedrooms and 1 bath while downstairs is 1 bedroom 1 bath. A major 2015 renovation added a new roof, gutters, sewer, and exterior upgrades. Furnace in each unit replaced in 2022. One unit is vacant,...This exceptional duplex offers prime access to Providence Medical Center, transit, restaurants, and amenities. Each spacious unit features beautiful hardwood and tile flooring, large bedrooms, updated kitchens and baths with stainless steel appliances, and full-size washers and dryers. Upstairs unit is 2 bedrooms and 1 bath while downstairs is 1 bedroom 1 bath. A major 2015 renovation added a new roof, gutters, sewer, and exterior upgrades. Furnace in each unit replaced in 2022. One unit is vacant, perfect for owner-occupancy or selecting your ideal tenant, while the other unit is occupied, providing immediate rental income. Don't miss this prime investment opportunity in sought-after North Tabor. Schedule your viewing today!
  1. Listed by Seth Prickett • MORE Realty • 503-451-0268
  2. Listed by Jacob Potkin • MORE Realty

Property Details for 5501 East Burnside Street

Subdivision
NORTH TABOR
Parking Features
On Street
Zoning
CM2
LISTING UPDATED: 11/11/2024 01:05 AM

Property Details for 5501 East Burnside Street

StatusActive
MLS #24535448
Days on Market152
Taxes$5,582 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1894
Lot Size0.06 AC / 2,613 SF
CountyMultnomah County

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Building Information for 5501 East Burnside Street

Stories2Residences2Year Built1894Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 5501 East Burnside Street

Summary
Location and General Information
  • Country: US
  • Directions: East Burnside Street at NE 55th Avenue
  • Road Surface: Paved
School Information
  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $5,581.93
  • Parcel Number: R281555
  • Tax Legal Description: SUNSET PK & ADD 2, BLOCK 10, W 1/2 OF LOT 7&8
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Property
Lot Information
  • Acres: 0.06
  • Lot Description: Corner Lot, Level, On Busline
  • Lot Size Square Feet: 2613.0
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1894
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shingle Siding
  • Roof Type: Composition
Interior Features
  • Basement: Partial Basement, Unfinished
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $45,686.00
  • Gross Rent Multiplier: $14.42
  • Investor Information: Profit Loss Statement
  • Net Income Actual: $34,535.00
  • Operating Expense: $11,150.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Refrigerator, Washer Dryer, Wood Floors
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 1054.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator, Washer Dryer, Wood Floors
  • Unit Type 2 Rent: $2,066
  • Unit Type 2 SqFt: 1078.0
  • Unit Type 2 Units Total: 1

Property History for 5501 East Burnside Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 East Burnside Street

Taxable ValueLand-Additions-Total-
Tax Record2023$5,582 ($465 / month)
Home Facts
Baths2Total Finished SqFt2,158 SqFtAbove Grade Finished SqFt2,158 SqFtUnfinished Basement SqFt688 SqFtStories1Lot Size2,500 SqFtStyleDuplexYear Built1894ZoningR1CountyMULTNOMAHAPN1N2E31DB 03700

Schools near 5501 East Burnside Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Glencoe Elementary School
Public - K to 5
Mt Tabor Middle School
Public - 6 to 8
Franklin High School
Public - 9 to 12
Portland Arthur Academy Charter School
Charter - K to 5
Rating
School
Distance
Glencoe Elementary School
PublicK to 5

Mt Tabor Middle School
Public6 to 8

Franklin High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5501 East Burnside Street, Portland, OR 97215

5501 East Burnside Street is a multi-family home for sale in Portland, OR 97215. This property was listed for sale on June 19, 2024 by MORE Realty, it's currently listed at $659,000. It has been on the market for a total of 152 days and was last sold on November 7, 2016. This listing's school district is Portland School District 1j. Nearby schools include Glencoe Elementary School, Mt Tabor Middle School and Franklin High School. 5501 East Burnside Street is a 0-bed, 0-bath, multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MORE Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 11/11/2024 01:05 AM