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3206 S KELLY AVE

Portland, OR 97239

$450,000

Lair Hill Victorian duplex just steps from the pedestrian bridge. High ceilings, fir floors, and ductless heating and cooling. Convenient to OHSU and PSU and downtown Portland. Double-pane windows. Tile floors and clawfoot tub w/shower in both bathrooms. Skylights provide ample natural light. Shared fenced back yard and full… Read MoreRead Less

Listing courtesy of Coldwell Banker Bain.

Listing Snapshot

Days Online

Last Updated

Jun 30, 2026

Square Ft.

2,238

Lot Size

0.03 Acres

Year Built

1889

MLS Number

303635217

30 Days Snapshot Of 97239

$853k

+8%

(avg) sold price

-4%

homes sold

+47%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement: FullBasement

Building

Building Area Total: 2238, Built in 1889, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: HeatPump, MiniSplit

Expenses

Operating Expense Scheduled: 13000, Operating Expense: $15,000

Exterior Features

Exterior Description: WoodSiding

Foundation

Foundation Details: Other

Heating

Heating: Ductless

Income

CAP Rate: 5.2, Gross Income: $38,400, Gross Rent Multiplier: 11.72, Gross Scheduled Income: $38,400, Net Operating Income: $23,400, Net Scheduled Income: 25400

Lot

Size Acres: 0.03, Size Dimensions: 1500 SF, Size Range: SqFt0Kto2999, Size Square Feet: 1,306, Size: 0K to 2,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner

Parking

Features: OnStreet

Property

Number Of Units Total: 2, Property Condition: Existing, Zoning: RH

Roof

Roof: Composition

Security Features

Features: Entry

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $8,846, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,600, Area: 814, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Actual Rent: $1,600, Area: 645, Features: AirConditioning, Dishwasher, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater

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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 Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Jun 30, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Jun 30, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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3206 S KELLY AVE

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