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  • $750,000

    135 NE 55th Ave, Portland, OR 97213

    5beds
    2,700sqft
    : 
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    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $278/sqft
    $-- HOA

    What's special

    Wood burning fireplaceComfortable living spacesRefinished hardwood floors throughoutFinished basementPrivate entranceGas rangeVaulted beam ceilings
    DO NOT DISTURB TENANTS. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT 2026 (2021 for #135). Ideal for investors or owner-occupants seeking rental income, this property provides flexibility and long-term value. Situated on a corner lot, just minutes from local shops, restaurants, Providence Hospital, parks & public transportation, tenants enjoy both convenience and neighborhood charm. Unit 133 features 2 bedrooms, 1 bathroom, refinished hardwood floors throughout, stacked W/D, dishwasher, gas range, refrigerator & fenced yards with a great covered patio. Unit 135 features 3 bedrooms, 2 bathrooms (one on each level), vaulted beam ceilings, wood burning fireplace, private driveway, 1 car garage & finished basement. Each unit offers comfortable living spaces with abundant natural light and practical floor plans designed for everyday living. With consistent rental demand in this desirable NE Portland area, this duplex presents an excellent opportunity to add a stable asset to your portfolio or live in one unit while renting the other. Close proximity to downtown Portland, Providence Hospital, major commuter routes and popular neighborhood amenities makes this property especially attractive. Don’t miss this rare chance to own a versatile, income-producing property! HES= 6 (unit 133); HES = 1 (unit 135)
    126 days
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    844
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Lillie 503-502-3161,

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 260673167MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Refrigerator, Washer/Dryer, Gas Water Heater
      Features
      • Flooring: Hardwood
      • Basement: Crawl Space,Full,Storage Space
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, On Street
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      Lot
      • Size: 5,662 Square Feet
      • Features: Corner Lot, Level, SqFt 5000 to 6999
      Details
      • Parcel number: R130725
      • Zoning: R-2.5

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter, Slab
      • Roof: Composition
      Condition
      • Existing
      • Year built: 1950

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Security: None
      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $278/sqft
      • Tax assessed value: $703,770
      • Annual tax amount: $7,222
      • Date on market: 2/26/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 3978
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/27/2026Listed for sale$750,000+97.4%$278/sqft
        Source: RMLS (OR) #260673167 Report a problem
        12/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/31/2023Listed for rent$2,550$1/sqft
        Source: Zillow Rentals Report a problem
        10/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/5/2023Listed for rent$2,550$1/sqft
        Source: Zillow Rentals Report a problem
        10/21/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        9/13/2021Listed for rent$2,550$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        2/23/2006Sold$380,000$141/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,223 +3.7%$268,050 +3%
        2024$6,963 +4%$260,250 +3%
        2023$6,695 +2.2%$252,670 +3%
        2022$6,551 +1.7%$245,320 +3%
        2021$6,440 +9%$238,180 +3%
        2020$5,908 +3.8%$231,250 +3%
        2019$5,691 $224,520 +3%
        2018$5,691 +3%$217,990 +3%
        2017$5,523 +14%$211,650 +3%
        2016$4,845 $205,490 +3%
        2015$4,845 +2.7%$199,510 +3%
        2014$4,718 +4%$193,700 +3%
        2013$4,539 +10.5%$188,060 +3%
        2012$4,106 +3.9%$182,590 +3%
        2011$3,951 +5.4%$177,280 +3%
        2010$3,749 +2.7%$172,120 +3%
        2009$3,651 +6%$167,110 +3%
        2008$3,445 +0.3%$162,250 +3%
        2007$3,435 +11.4%$157,530 +3%
        2006$3,085 +29.3%$152,950 +27.2%
        2005$2,386 -8.2%$120,250 +3%
        2004$2,599 +2.3%$116,750 +3%
        2003$2,541 +8.9%$113,350 +3%
        2002$2,334 +7.4%$110,050 +6.1%
        2000$2,173 +7.6%$103,740 +3%
        1999$2,021 $100,720

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Tabor

        Getting around

        82 / 100
        Very Walkable
        66 / 100
        Good Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Glencoe
        • Middle: Mt Tabor
        • High: Franklin

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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