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Property Description
Veterans - Transferrable VA Appraisal in May of 2025 at $525,000! Stunning Remodeled Duplex in the Heart of SE Portland - Ideal for Investment or Multi-Generational Living!Welcome to 5324-5326 SE Flavel Street - a beautifully remodeled, move-in ready duplex located in a vibrant SE Portland neighborhood. This thoughtfully updated property offers two fully independent units, each with separate utility metering, modern finishes, and exceptional functionality for both homeowners and investors.Main Unit (5324):Spacious and bright, this 1,867 SQ FT unit features 3 bedrooms and 1 stylishly renovated bathroom. Enjoy year-round comfort with brand-new ductless heating and cooling throughout. The large, unfinished basement offers immense potential - perfect for storage, a workshop, or a future ADU conversion (buyer to verify). A detached 1-car garage adds convenience and value.Second Unit (5326):This charming 1-bedroom, 1-bathroom unit spans 648 SQ FT and boasts a full interior makeover, complete with a new high-efficiency gas furnace. It's the perfect space for extended family, guests, or rental income.Key Upgrades & Features:* All new exterior paint, roof, and gutters* Updated electrical service and panels* Substantial plumbing updates including new water heaters* Separate metering for all utilities* Modernized interiors with a clean, contemporary aestheticLocated near shops, parks, schools, and easy transit options, this duplex is a rare opportunity to own a turn-key, income-producing property in one of Portland's most desirable neighborhoods.Live in one unit and rent the other, or maximize your returns with dual-rental income - the possibilities are endless!
Full Property Details
Full Property Details for 5324 SE Flavel St
General
- Sold For: $505,000
- Taxes: $4,872
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 562462483
- Added to Site: 257 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Multnomah
- Subdivision: ERROL HEIGHTS
- Driving Directions: Head E on SE Flavel ST From SE 52ND AVE. Home is on the Right.
School Information
- Midd School District: Lane
- Elementary School: Whitman
- Middle School: Lane
- High School: Cleveland
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Mini Split
- Heating Type: Forced Air, Heat Pump, Mini Split
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Exterior Entry, Partial Basement, Unfinished
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,372
- Year Built: 1925
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
- Lot Dimensions: 75' x 100'
- Frontage: Paved
- Lot Features: Level, Private
Financial Considerations
- Operating Expenses: $2,400
- Tax Amount: $4,872.96
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: R144593
Listed by Next Generation Real Estate LLC (503) 422-3415, Jacob Sanchez (503) 348-4550
Sold by KJK Properties PC (503) 772-8825, Allison Grice
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Schools
Schools serving 5324 SE Flavel St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Whitman Elementary School, Portland, OR 7326 Southeast Flavel Street, Portland, OR 97206 | K-5 | 1 mi |
Sellwood Middle School 8300 Southeast 15th Avenue, Portland, OR 97202 | 6-8 | 2.1 mi |
Cleveland High School, Portland, OR 3400 Southeast 26th Avenue, Portland, OR 97202 | 9-12 | 2.6 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 5324 SE Flavel St
Date
Details
Price
Change
Source
7/21/2025
Sold
$505,000
1.02%
MLS
5/06/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5324 SE Flavel St, Portland, OR 97206 (MLS# 562462483) is a Multi-Family property that was sold at $505,000 on July 21, 2025. Want to learn more about 5324 SE Flavel St? 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.

