5908 SW 45th Ave, Portland, OR 97221

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
5908 SW 45th Ave,Portland, OR 97221
$390,000
  • 3 Beds
  • 1 Baths
  • 2,010 sq. ft.
  • Single family
  • Active
Listed by: leona mullen
Office: matin real estate
MLS#:605528088
Source:PORTLAND

Price summary

  • Price:$390,000
  • Price per sq. ft.:$194.03

About this home

CALLING ALL INVESTORS & FLIPPERS- Here’s a RARE value-add property in one of Portland’s most desirable neighborhoods. This corner-lot bungalow features a fenced yard, carport, and a fully framed ADU with a separate entrance and grounded electrical panel ready for hookup —currently used as office space. The attic is insulated, HVAC vented and has an added water line- giving you multiple options for expansion or additional living space.The layout is flexible and ideal for multi-income setups, multigenerational living, or further development. With strong bones, corner-lot exposure, and a prime location just minutes from Gabriel Park, restaurants, and downtown, this property is perfectly positioned for investors seeking high ROI potential.At this price point, opportunities like this are rare. Flip it, rent it, or leverage the ADU and attic to generate additional income. Multiple pathways to profit, strong local demand, and a fast-moving market make this a smart, high-upside investment.

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Home facts

  • Year built:1922
  • Listing ID #:605528088
  • Added:1 day(s) ago
  • Updated:November 15, 2025 at 12:20 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:2,010 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1922
  • Building area:2,010 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Ida B Wells
  • Middle school:Robert Gray
  • Elementary school:Hayhurst

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$194.03
  • Tax amount:$6,357 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: November 15, 2025

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