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$839,000
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Property Description
Amazing opportunity for owner occupant or investor in close-in SE Portland! Pretty-in-pink vintage fourplex has three units with long term tenants. Spacious 2 bedroom unit on the ground floor is vacant, recently refreshed and ready for you! Enjoy restored hardwood floors, wood burning fireplace and lots of charming built-ins. Centered in the vibrant Foster-Powell neighborhood, close to world class bars and restaurants. The property has a lovely yard, two off-street parking spaces, coin op laundry and designated storage units. Bonus space in the basement for storage or bring your imagination. See it before it's gone!
Full Property Details
Full Property Details for 3905 SE 54th Ave
General
- Sold For: $839,000
- Taxes: $5,825 (2024)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 735789972
- Added to Site: 246 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Trash Collection
Parking
- Total Spaces: 2
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Subdivision: FOSTER POWELL
- Driving Directions: South of Foster on SE 54th
School Information
- Midd School District: Kellogg
- Elementary School: Creston
- Middle School: Kellogg
- High School: Franklin
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Storage Space, Unfinished
- Roof: Membrane
- Stories/Levels: 3
- Square Feet: 4,410
- Year Built: 1925
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level
Financial Considerations
- Operating Expenses: $27,892
- Tax Amount: $5,825.71
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: R105914
Listed by Urban Nest Realty (503) 432-8126, Chelsea McAlister (503) 806-2045
Sold by Our House Property Group, Inc (503) 887-1155, Camille Bernal
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Schools
Schools serving 3905 SE 54th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Creston Elementary School, Portland, OR 4701 Southeast Bush Street, Portland, OR 97206 | K-5 | 0.3 mi |
Kellogg Middle School, Portland, OR 3330 Southeast 69th Avenue, Portland, OR 97206 | 6-8 | 0.8 mi |
Franklin High School, Portland, OR 5405 Southeast Woodward Street, Portland, OR 97206 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3905 SE 54th Ave
Date
Details
Price
Change
Source
7/31/2025
Sold
$839,000
-2.33%
MLS
6/05/2025
Price Reduced
$859,000
-1.83%
MLS
5/16/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3905 SE 54th Ave, Portland, OR 97206 (MLS# 735789972) is a Multi-Family property that was sold at $839,000 on July 31, 2025. Want to learn more about 3905 SE 54th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

