5623 SW Boundary St, Portland, OR 97221
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: donna jo merrifield, eddie merrifield
Office: epique realty
MLS#:738930048
Source:PORTLAND
Price summary
- Price:$659,000
About this home
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 looking to live in one portion of the home while generating income from the other, host extended guests, or create a comfortable multi-generational living arrangement. The additional living space may also appeal to buyers interested in exploring short-term rental opportunities, depending on local regulations. For those wanting a traditional layout, the home could also be reimagined and converted back to a single-family residence.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 room 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....
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Home facts
- Year built:1951
- Listing ID #:738930048
- Added:1 day(s) ago
- Updated:March 16, 2026 at 11:24 AM
Rooms and interior
- Basement Description:Daylight
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Metal
- Year built:1951
- Lot area:0.48 Acres
- Foundation Description:Slab
Schools
- High school:Ida B Wells
- Middle school:Robert Gray
- Elementary school:Hayhurst
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$659,000
- Tax amount:$7,697
Parking
- Total parking spaces:1
- Parking description:Garage, Off Street
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