CX-Zoned Commercial
For Sale
$545,000
4530 S KELLY Ave, Portland, OR 97239
CommercialSale, Portland, OR
Property Size624 SF
Lot Size0.07 Acres
Price / SF$873.40
Days on Market150
Property Features for 4530 S KELLY Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CX
View
City, River
Directions
SW Macadam Ave to S Kelly Ave
Subdivision
_148
Standard status
Active
APN
R247832
Size
624 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
PORTLAND HMSTD, BLOCK C, LOT 1 TL 1600
Tax Annual Amount
3528
Legal Description
PORTLAND HMSTD, BLOCK C, LOT 1 TL 1600
Building Details
Year built
1972
Floors in Building
1
Building materials
WoodFrame
Roof type
Flat
Listing Agency:
Hoag Real Estate
(503) 906-1370
Listed By:
Peggy Hoag · License #910600149
(503) 906-1370
Added: Mar 30
Changed: Aug 12
Last Checked: Aug 26 at 2:06AM
MLS# 652034013
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 0.07-acre commercial land offering includes a 624-square-foot wood-frame structure built in 1972. The property is zoned CX, providing a central commercial land-use designation, and includes a flat roof and an existing live-work configuration offered as-is. City water is connected to the property.
Views extend toward the city, river, and mountains. The site is near the OHSU Tram and South Waterfront, placing it within an established urban setting. Its compact footprint and existing improvements provide a defined base for continued live-work use or future planning consistent with applicable CX zoning requirements.
Views extend toward the city, river, and mountains. The site is near the OHSU Tram and South Waterfront, placing it within an established urban setting. Its compact footprint and existing improvements provide a defined base for continued live-work use or future planning consistent with applicable CX zoning requirements.
Key Highlights
- 0.07‑acre CX‑zoned commercial parcel
- 624‑square‑foot wood‑frame structure built in 1972
- Existing live‑work configuration offered as‑is
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,739
Businesses Nearby
Explore this area
Business Placement
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Compact commercial parcel with an existing live-work structure, city water connection, and views toward the city, river, and mountains.
Where is this commercial land located?
The property is located at 4530 S KELLY Ave Portland, OR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 0.07‑acre CX‑zoned commercial parcel; 624‑square‑foot wood‑frame structure built in 1972; Existing live‑work configuration offered as‑is
