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    3903 SW Kelly Ave Portland, OR 97239

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    For Sale
    Contact for pricing

    Flexible layout building in close-in location with nearby amenities.

    Property Features for 3903 SW Kelly Ave

    General Information

    Zoning
    RH (High Density Residential) Current office use is grandfathered

    Building Details

    Year built
    1982

    Source: Joe Kappler Agent Joe Kappler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multipurpose Building in Southwest Portland

    Located in the Close-in Southwest submarket of Portland, the property is situated at the corner of SW Kelly St and SW Abernethy St. The building features a flexible layout suitable for multiple occupants or single occupancy. The property's zoning allows for residential living, with office and retail uses as conditional. The current use is classified as office and is grandfathered. The owner will vacate soon after closing. There is one additional tenant occupying half of the first floor, with a lease expiring at the end of the year. The structure is multipurpose and includes off-street parking. It is located close to amenities.
    Location Intelligence

    Current Use by Public Records

    Gudmestad Yoga Studio: ... Physical Therapy Clinic Zuna - Financial Strategy ... Financial Consultant Humbra, LLC Truck Accessories Store Stuart G. Stark, ... Physical Therapist Laila Deardorff, PT Physical Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6753583
    Latitude
    45.4948184

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    FAQs

    What type of property is this?
    Office building - Flexible layout building in close-in location with nearby amenities.
    Where is this office building located?
    The property is located at 3903 SW Kelly Ave Portland, OR.
    What are key features of this property?
    This property features: - Close-in location with nearby amenities; - Off-street parking available; - Flexible layout for multiple occupants or single occupancy
    (503) 972-7294
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    3903 SW Kelly Ave Portland, OR 97239
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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
    3903 SW Kelly Ave Portland, OR 97239
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