5623 N GAY AVE, Portland, OR 97217
5623 N GAY AVE, Portland, OR 97217
5623 N GAY AVE, Portland, OR 97217
27
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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$769,900
Est. payment /mo
2,557 SqFt
New

5623 N GAY AVE Portland, OR 97217

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,557 sqft

Price per Sqft $301

Subdivision Overlook

MLS Listing ID 593159608

Year Built 2020

Annual Tax Amount $10,697

Tax Year 2025

Property Description

Opportunity to acquire one side of a modern home with separate living quarters! This offering provides ~2,557 sq ft of well designed living space across three levels, delivering a functional and highly marketable layout for tenants or owner occupants seeking flexibility. Main level features a great room style design with seamless flow between kitchen, dining, and living areas, plus a convenient half bathroom for guests. Kitchen is equipped with a full size island with eat bar, stainless steel appliances, and extensive custom cabinetry, while large windows and sliding doors enhance natural light and connect to a covered deck and fully fenced yard, a key driver for livability and tenant retention. Upper level offers a 3 bedroom, 2 bathroom configuration including a primary ensuite with walk in closet and walk in shower, along with centrally located laundry for convenience. Ground level includes a highly sought after attached garage and separate living quarters with 1 bedroom, 1 full bathroom, and exterior access, currently rented and providing income from day one, creating flexibility for multigenerational use or continued supplemental rental income. Modern construction, efficient layout, and desirable features position this home for strong long term performance. Located near Arbor Lodge Park, New Seasons Market, and the dining, cafes, and retail along N Lombard St and St Johns, supporting consistent demand and long term value.

Location

State OR

County Multnomah

Area _141

Zoning R2.5

Rooms

Basement Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air, Wall Heater

Cooling Central Air

Exterior

Garage Spaces 1.0

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 3

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Beach

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=oRBJ5NDI4ag


Regional Multiple Listing Service (RMLS)

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Suzanne Clark Cambray

Suzanne Clark Cambray

Your Trusted Advisor, Licensed Principal Broker in OR & NY | License ID: 200608182

+1(503) 806-9332

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5623 N GAY AVE