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5623 SW Boundary St

Portland, OR 97221
  • $659,000
  • STATUS: BumpableBuyer
  • ON SITE: 37 Days
  • MLS #: 738930048
Under Contract
UPDATED: 25 min ago
$659,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Information

Elementary School:
Middle School:
High School:

Description

Unique SW Portland property offering flexibility, space, and opportunity on a rare .48-acre lot. Originally built as a single-family residence, the home is currently configured to accommodate two living areas, creating a variety of possibilities for owner-occupants and investors alike.The layout works well for those seeking multi-generational living, extended guest space, or exploring potential rental use. The additional living area may also appeal to buyers interested in short-term rental opportunities, subject to local regulations and buyer due diligence. For those wanting a more traditional layout, the home could also be reimagined and converted back to a single-family residence.Property is not a fully independent duplex setup, and utilities are shared. Buyer to verify all uses, zoning, and income potential.The expansive lot is a standout feature, offering outdoor space rarely found this close to the city. The large yard provides room for gardening, recreation, pets, and outdoor entertaining. A newly rebuilt deck creates a welcoming outdoor living area to relax and enjoy the surrounding space.Additional features include a new furnace, oversized garage with space for parking, storage, or workshop use, two separate driveways providing convenient access and off-street parking, and a storage shed for tools and equipment.The size of the lot may also offer future possibilities depending on zoning allowances. Buyers are encouraged to perform their own due diligence with the appropriate authorities regarding development potential and permitted uses.Conveniently located in SW Portland with easy access to parks, shopping, dining, and commuter routes, this property offers a rare combination of versatility, outdoor space, and long-term potential.

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Listing content is copyright © 2026 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 The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-04-21T03:51:35.21.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 The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield and should be independently verified.
www.stephaniecoatsteam.com/homes/174103288
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5623 SW Boundary St Portland, OR 97221

  • Price: $659,000
  • Status: BumpableBuyer
  • On Site: 37 Days
  • Updated: 25 min ago
  • MLS #: 738930048
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1951
Built
Neighborhood:
Hayhurst
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Hayhurst
Middle School:
Robert Gray
High School:
Ida B Wells
Property Description
Unique SW Portland property offering flexibility, space, and opportunity on a rare .48-acre lot. Originally built as a single-family residence, the home is currently configured to accommodate two living areas, creating a variety of possibilities for owner-occupants and investors alike.The layout works well for those seeking multi-generational living, extended guest space, or exploring potential rental use. The additional living area may also appeal to buyers interested in short-term rental opportunities, subject to local regulations and buyer due diligence. For those wanting a more traditional layout, the home could also be reimagined and converted back to a single-family residence.Property is not a fully independent duplex setup, and utilities are shared. Buyer to verify all uses, zoning, and income potential.The expansive lot is a standout feature, offering outdoor space rarely found this close to the city. The large yard provides room for gardening, recreation, pets, and outdoor entertaining. A newly rebuilt deck creates a welcoming outdoor living area to relax and enjoy the surrounding space.Additional features include a new furnace, oversized garage with space for parking, storage, or workshop use, two separate driveways providing convenient access and off-street parking, and a storage shed for tools and equipment.The size of the lot may also offer future possibilities depending on zoning allowances. Buyers are encouraged to perform their own due diligence with the appropriate authorities regarding development potential and permitted uses.Conveniently located in SW Portland with easy access to parks, shopping, dining, and commuter routes, this property offers a rare combination of versatility, outdoor space, and long-term potential.
Exterior Features

Attached Garage YN No Exterior Description Lap Siding Vinyl Siding Foundation Details Slab Parking Features Garage Off Street Parking Total 1 Road Surface Type Paved Roof Metal View YN No

Interior Features

Basement Daylight Cooling Central Air Cooling YN Yes Heating Baseboard Forced Air Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Gas Green Certification YN No Gross Income 0 Hot Water Description Electricity Gas IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan Net Operating Income 0 Operating Expense 0 Property Attached YN No Rent Includes None Sewer Public Sewer Short Sale YN No Tax Annual Amount 7696.94 Water Source Public Water Zoning R5

Listing provided courtesy of Epique Realty: 541-981-1436.


Listing content is copyright © 2026 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 The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-04-21T03:51:35.21.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 The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield and should be independently verified.
 
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The Stephanie Coats Team | Keller Williams Realty Eugene & Springfield
2645 Suzanne Way #2A
Eugene OR, 97408