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Listed by Kelly Right Real Estate of Portland, LLC

$479,000

Est. payment - /mo

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3 Beds

1 Bath

1,336 SqFt

New

5845 SE HOLGATE BLVD Portland, OR 97206

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,336 sqft

Price per Sqft $358

MLS Listing ID 553943714

Style Stories2, Craftsman

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,615

Tax Year 2025

Lot Size 9,583 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to 5845 SE Holgate Blvd. — a character-rich Foster-Powell home blending move-in-ready comfort with serious investment upside. Updated throughout, with multiple income pathways and a city-approved lot subdivision already in hand. MAIN LIVING - Step inside to find warm, original hardwood floors flowing through the main living areas — a timeless quality newer construction can't replicate. The living room centers on a handsome wood-burning fireplace — ideal for Portland's gray-sky seasons.NEWLY REMODELED KITCHEN - The newly remodeled kitchen features contemporary cabinetry, updated countertops, and modern fixtures — crisp and functional while connecting seamlessly to the home's classic bones.BEDROOMS & BONUS ROOMS - The home offers three comfortable bedrooms, each with natural light and hardwood floors throughout. Plus two versatile bonus rooms — ideal for a home office, studio, guest quarters, or gym.BASEMENT — INCOME & ADU POTENTIAL - The large high ceiling unfinished basement offers a clear path to an accessory dwelling unit (ADU) or income rental — adding serious long-term value.LARGE LOT WITH DETACHED GARAGE — REBUILD OPPORTUNITY - The detached garage needs significant work but comes with a separately metered electrical service and an intact existing foundation perimeter — reducing the cost of any rebuild, workshop, studio, or income unit conversion.Lot Size — Split & Investment PotentialThe oversized lot itself is a standout investor asset. Portland's Foster-Powell zoning supports lot division and infill development, and the City of Portland has already green-lit the subdivision — saving months of bureaucratic headaches and thousands in planning fees. A buyer can split the lot to build, sell the parcel, or add another income property — multiplying the return on this already opportunity-rich investment.All improvements subject to applicable local codes and permitting.

Location

State OR

County Multnomah

Area _143

Rooms

Basement Unfinished

Interior

Interior Features Hardwood Floors, High Ceilings

Heating Forced Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Microwave, Range Hood, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Fenced, R V Parking, R V Boat Storage, Workshop, Yard

Parking Features Detached

Garage Spaces 1.0

View City

Roof Type Composition

Accessibility MainFloorBedroomBath

Garage Yes

Building

Lot Description Gated, Level

Story 2

Foundation Concrete Perimeter, Slab, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Creston

Middle Schools Hosford

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

5845 SE HOLGATE BLVD Portland, OR 97206

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5845 SE HOLGATE BLVD