135 Ne 55th Ave

Portland, OR
$ 725,000 Beds 5 Baths 3 Sq 2,700
Monthly Estimate* How much can I afford?

DO NOT DISTURB TENANTS in #135. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history (tenant just vacated after 17 years) & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT Feb 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)

Active

  • Price
  • $ 725,000
  • City
  • Portland
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • MULTNOMAH
  • Half Bathrooms
  • 0
  • Area
  • 142
  • Lot Size
  • 0.13 Acres
  • Zip
  • 97213
  • Sqr Footage
  • 2,700
  • Year Built
  • 1950
  • Taxes
  • $ 7222
  • Style
  • CustomStyle
  • MLS#
  • 597775079
Listed By: Premiere Property Group, LLC -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Appliances Dishwasher,FreeStandingRange,FreeStandingRefrigerator,GasAppliances
Zoning R-2.5
Garage Spaces 1.0
Architectural Style CustomStyle
Security Features None
Year Built 1950
Stories Count 2
Property Subtype SingleFamilyResidence
Parcel Number R130725
Accessibility GarageonMain,MainFloorBedroomBath,UtilityRoomOnMain
County Multnomah
Property Type Residential
HOA No
Subdivision Name NORTH TABOR
Full Baths 3
Status Active
Directions Burnside to NE 55th
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 5662.0
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Glencoe
Tax Annual Amount 7222.56
Middle/Junior High School Mt Tabor
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description CENTER ADD,BLOCK 13,LOT 1,E 10' OF LOT 2
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HardwoodFloors,VaultedCeiling,WalltoWallCarpet,WasherDryer
Basement CrawlSpace,FullBasement
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features VinylFrames
Total Bathrooms 3.0
FuelDescription Gas
Total Bedrooms 5
Total Baths 3

Exterior Features

Exterior Amenities CoveredPatio,Deck,Fenced,Yard
Parking Features Driveway,OnStreet
Lot Features CornerLot,Level
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details ConcretePerimeter,Slab
Building Area Total 2700.0
Lot Size Acres 0.13
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Glencoe Elementary School
Middle School Mt Tabor Middle School
High School Franklin High School

Price History

2/28/2026 Listed $750,000
7/10/2026 4% - $725,000

Property vs Zip Code Average in 97213

Price
AVG $550K
$730K
Taxes
AVG $6,083
$7,222
Year Built
AVG 1938
1950
Visits
AVG 114
569
Data Provided by Inside Real Estate®

Areas That We Cover

135 Ne 55th Ave Portland, OR is a Single Family Home for sale at $725000 with 2700 sqft and a lot size of 0.13 Acres Acre(s). 135 Ne 55th Ave Portland has 5 bedrooms, 3 baths and was built in 1950. The property's zip code is 97213 which is in Portland, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.