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.
Sold
Zestimate®
$595,000
5623 SW Boundary St, Portland, OR 97221
2beds
1,836sqft
Residential, Single Family Residence
Built in 1951
0.48 Acres Lot
$595,000 Zestimate®
$324/sqft
$3,451 Estimated rent
Home value
$595,000
$565,000 - $631,000
$3,451/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Donna Jo Merrifield #AGENT_PHONE,
Epique Realty,
Eddie Merrifield 541-981-1364,
Epique Realty
Bought with:
Josh Hackenjos, 201205146
LUXE Forbes Global Properties
Source: RMLS (OR),MLS#: 306447805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Beamed Ceilings, Walkin Closet
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Features: Kitchen Dining Room Combo
- Level: Main
Family room
- Features: Eat Bar
- Level: Lower
Kitchen
- Features: Beamed Ceilings, Dishwasher, Disposal, Microwave, Tile Floor
- Level: Main
Living room
- Features: Beamed Ceilings, Ceiling Fan, French Doors, Free Standing Range, Free Standing Refrigerator, Tile Floor
- Level: Main
Heating
- Baseboard, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater, Gas Water Heater
Features
- Granite, High Ceilings, Kitchen Dining Room Combo, Eat Bar, Beamed Ceilings, Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
- Doors: French Doors
- Windows: Vinyl Frames
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered Patio, Deck
- Exterior features: Gas Hookup, Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.48 Acres
- Features: Terraced, SqFt 20000 to Acres1
Details
- Additional structures: GasHookup
- Parcel number: R111054
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Daylight Ranch,Mid Century Modern
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1951
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hayhurst
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $804,150
- Annual tax amount: $7,696
- Date on market: 3/12/2026
- Cumulative days on market: 42 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $595,000-9.7%$324/sqft |
Source:  RMLS (OR) #306447805 Report a problem | ||
| 4/24/2026 | Pending sale | $659,000$359/sqft |
Source: RMLS (OR) #306447805 Report a problem | ||
| 4/24/2026 | Contingent | $659,000$359/sqft |
Source:  WVMLS #838550 Report a problem | ||
| 3/13/2026 | Listed for sale | $659,000+41.4%$359/sqft |
Source: WVMLS #838550 Report a problem | ||
| 4/17/2025 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2025 | Listed for rent | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2016 | Sold | $466,000+6.2%$254/sqft |
Source: RMLS (OR) #15036316 Report a problem | ||
| 9/7/2015 | Price change | $439,000-6.4%$239/sqft |
Source: Owner Report a problem | ||
| 8/26/2015 | Price change | $469,000-6.2%$255/sqft |
Source: Owner Report a problem | ||
| 7/29/2015 | Price change | $499,999-4.8%$272/sqft |
Source: Owner Report a problem | ||
| 7/17/2015 | Listed for sale | $525,000+176.3%$286/sqft |
Source: Owner Report a problem | ||
| 11/25/2003 | Sold | $190,000+22.6%$103/sqft |
Source: Public Record Report a problem | ||
| 1/9/2002 | Sold | $155,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,697 +3.7% | $285,920 +3% |
| 2024 | $7,420 +4% | $277,600 +3% |
| 2023 | $7,135 +2.2% | $269,520 +3% |
| 2022 | $6,981 +1.7% | $261,670 +3% |
| 2021 | $6,863 +9% | $254,050 +3% |
| 2020 | $6,295 +3.8% | $246,660 +3% |
| 2019 | $6,064 | $239,480 +3% |
| 2018 | $6,064 +3% | $232,510 +3% |
| 2017 | $5,886 +14% | $225,740 +3% |
| 2016 | $5,162 | $219,170 +15.2% |
| 2015 | $5,162 +14.8% | $190,320 +3% |
| 2014 | $4,496 +3.9% | $184,780 +3% |
| 2013 | $4,325 +10.5% | $179,400 +3% |
| 2012 | $3,912 +3.9% | $174,180 +3% |
| 2011 | $3,765 +5.5% | $169,110 +3% |
| 2010 | $3,568 +2.7% | $164,190 +3% |
| 2009 | $3,473 +5.9% | $159,410 +3% |
| 2008 | $3,279 +0.2% | $154,770 +3% |
| 2007 | $3,272 +11.4% | $150,270 +3% |
| 2006 | $2,938 +4.7% | $145,900 +3% |
| 2005 | $2,805 -8.4% | $141,660 +3% |
| 2004 | $3,061 +2.3% | $137,540 +3% |
| 2003 | $2,994 +8.9% | $133,540 +3% |
| 2002 | $2,750 +8.4% | $129,660 +6.1% |
| 2000 | $2,536 +6.5% | $122,230 +3% |
| 1999 | $2,381 | $118,670 |
Find assessor info on the county website
Neighborhood: Hayhurst
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Nearby schools
GreatSchools rating
- 9/10Hayhurst Elementary SchoolGrades: K-8Distance: 0.5 mi
- 8/10Ida B. Wells-Barnett High SchoolGrades: 9-12Distance: 2.3 mi
- 8/10Gray Middle SchoolGrades: 6-8Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hayhurst
- Middle: Robert Gray
- High: Ida B Wells
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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Estimated market value
$595,000
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Estimated market value
$595,000
- Oregon
- Multnomah County
- Portland
- 97221
- Hayhurst
- 5623 SW Boundary St
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