5623 N GAY AVE, Portland, OR 97217
- $749,900
- 2,557
- SqFt
- List Price
- $749,900
- Price Change
- ▼ $10,000 1783755728
- Days on Market
- 104
- MLS#
- 593159608
- Property Type
- Multifamily
- Sqft. of Residence
- 2,557
- Lot Size
- 0K to 2, 999 SqFt
- Region
- Portland North
- Status
- ACTIVE
Property Description
Opportunity to acquire one side of a modern home with separate living quarters! This offering provides ~2,557 sq ft of well designed living space across three levels, delivering a functional and highly marketable layout for tenants or owner occupants seeking flexibility. Main level features a great room style design with seamless flow between kitchen, dining, and living areas, plus a convenient half bathroom for guests. Kitchen is equipped with a full size island with eat bar, stainless steel appliances, and extensive custom cabinetry, while large windows and sliding doors enhance natural light and connect to a covered deck and fully fenced yard, a key driver for livability and tenant retention. Upper level offers a 3 bedroom, 2 bathroom configuration including a primary ensuite with walk in closet and walk in shower, along with centrally located laundry for convenience. Ground level includes a highly sought after attached garage and separate living quarters with 1 bedroom, 1 full bathroom, and exterior access, currently rented and providing income from day one, creating flexibility for multigenerational use or continued supplemental rental income. Modern construction, efficient layout, and desirable features position this home for strong long term performance. Located near Arbor Lodge Park, New Seasons Market, and the dining, cafes, and retail along N Lombard St and St Johns, supporting consistent demand and long term value. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182385]
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Additional Information
- Tax Amount
- $10,697
- Year Built
- 2020
- High School
- Jefferson
- Elementary School
- Beach
- Middle School
- Ockley Green
- Garage Spaces
- 1
- Living Area
- 2,557
- Stories
- 3
- Subdivision
- OVERLOOK
- Terms
- Cash, Conventional
- Cooling Description
- Central Air
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air, Wall Heater
- Hoa Rent Includes
- None
- Hot Water Description
- Gas, Tankless
- Exterior Description
- Cedar, Cement Siding, Lap Siding, Panel
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Driveway, Garage
- Security Or Entry
- Sidewalk
- Parking Description
- Driveway, Garage
- Covenants/Restrictions
- Yes
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 3385
- Unit Type One Sq Ft
- 1964
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
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Listing courtesy of Keller Williams Realty Portland Premiere.
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