5215 N Willis Blvd, Portland, OR

$514,995

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1,519

Square feet

0.13

Acres

About 5215 N Willis Blvd

With a brand new 30 year roof, Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don’t miss your chance to capitalize on this income-producing gem in Portland’s NoPo/St. Johns area!

Features of 5215 N Willis Blvd

MLS® # 325493717
Price $514,995
Bathrooms 0.00
Square Footage 1,519
Acres 0.13
Year Built 1956
Type Multi Family
Status Active

Community Information

Address 5215 N Willis Blvd
Area 141 - Portland North
City Portland
County Multnomah
State OR
Zip Code 97203

Amenities

Parking On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
# of Stories 1
Basement Crawl Space

Exterior

Exterior Wood Siding, Vinyl Siding
Lot Description Corner Lot
Roof Composition

School Information

Elementary Cesar Chavez
Middle Cesar Chavez
High Roosevelt

Additional Information

Date Listed January 26th, 2025
Days on Market 270
Zoning R5
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Equity Group

Listing Map

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