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    3906 S Kelly Ave Portland, OR 97239

    For Sale
    $1,500,000

    SINGLE_FAMILY - Portland, OR

    Type:Office
    Property size:
    3,186 SF
    Lot size:
    0.23 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 3906 S Kelly Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    RH
    APN
    R129301
    Size
    3,186 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1908
    Floors in Building
    3
    Building materials
    Cedar, FullBasement, WoodSiding
    Roof type
    Composition

    Earnest and Associates (503) 896-1111 [email protected]

    Listing agent Beth Earnest (503) 330-7400

    Listing date Nov 7, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Waterfront Commercial/Office Gem

    Located in the vibrant South Waterfront area near the OHSU Plaza and OHSU Center for Health & Healing I & II, this commercial/office residential mixed-use building, known as the original Kelly House, features architecture and versatile spaces. The property has been meticulously maintained and restored. Potential uses include medical offices, counseling and mental health services, spa and massage therapy, acupuncture, educational classrooms, and student housing. The property features a wraparound porch, balconies, Mt Hood views and architectural details. The Classic Portland Craftsman architecture highlights rich woodwork and trim, built-ins, fireplaces, hardwood and wood floors, spacious rooms with high ceilings, crown moldings, and tin ceilings. A full, dry basement with higher ceilings provides additional spaces for development. The lot is approximately 100x100 and includes a paved section with 10 off-street parking spaces. The property size is 3186 square feet and the lot size is 0.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wendy Bourg PH.D Psychologist Douglas Marlow, Ph.D. ... Psychologist Marlow Douglas PHD Psychologist Avvy Mar Mental Health Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Best Friends Veterinary Medical Center, Wildwood Veterinary Clinic, Ryan Cain, P.A.-C., Walker Janelle DVM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.674739
    Latitude
    45.494899

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    FAQs

    What type of property is this?
    Medical office - Versatile commercial/office building in Portland's vibrant South Waterfront area.
    Where is this medical office located?
    The property is located at 3906 S Kelly Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime South Waterfront location near OHSU Plaza and OHSU Center for Health & Healing I & II; - Versatile Commercial/Office Residential mixed-use zoning with multifaceted potential uses; - Meticulously maintained and restored original Kelly House with stunning architecture and exquisite details
    (503) 330-7400
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    Portland, OR 97239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3906 S Kelly Ave Portland, OR 97239
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