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    5215 N Willis Blvd Portland, OR 97203

    For Sale
    $514,995

    MULTI_FAMILY - Portland, OR

    Property size:
    1,519 SF
    Lot size:
    0.13 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 5215 N Willis Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
    Bedrooms
    3
    APN
    R248929
    Size
    1,519 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

    RE/MAX equity group (503) 670-3000 [email protected]

    Listing agent Kevin Smallbeck (503) 287-8989

    Listing date Sep 16, 2025

    MLS# 325493717 Listing URL

    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

    Portland Duplex Investment Opportunity

    This duplex is located in the NoPo/St. Johns area of Portland, Oregon, close to schools and minutes from the center of St. Johns. Situated on a corner lot, the property includes off-street parking for both units. The property has a solid rental history and is managed by RMS Property Management, with a net cap rate of 5.3%. Each unit is designed for comfort and functionality. The location provides access to local amenities, parks, and public transportation. The property has a new 30-year roof. The property size is 1519 square feet and the lot size is 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.721189
    Latitude
    45.584223

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in NoPo/St. Johns area with strong rental history.
    Where is this duplex located?
    The property is located at 5215 N Willis Blvd Portland, OR.
    What is the asking price?
    The asking price for this property is $514,995.
    What are key features of this property?
    This property features: - Solid 5.3% Net Cap Rate: Proven income-generating property.; - Brand New 30-Year Roof: A significant upgrade reducing future maintenance.; - Desirable Corner Lot Location: Situated in the popular NoPo/St. Johns area of Portland.
    (503) 287-8989
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    Portland, OR 97203
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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
    5215 N Willis Blvd Portland, OR 97203
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