5623 SW Boundary St Portland, OR 97221

Accepted Offer with Contingencies. Versatile property on spacious .48-acre lot in SW Portland. Originally built as a SFR & currently configured with 2 living areas, offering flexibility for owner-occupants or investors. Ideal for multi-generational living, extended guest space, or exploring potential rental use, subject to buyer due diligence. Features include an oversized garage, 2 driveways, storage shed, and a newly rebuilt deck overlooking the large yard, zoned R-5. Buyer to verify all uses, zoning, and income potential. The generous lot provides rare space within the city and opens the door to a variety of lifestyle and investment possibilities. Originally constructed as a single-family residence, the home now offers a layout that supports two separate living areas, creating opportunities for flexible living arrangements, private guest quarters, or potential rental use.Buyers may choose to utilize the property in a variety of ways, including multi-generational living, extended guest space, or exploring income-producing potential. With its adaptable layout, the property could also be reimagined and converted back to a single-family residence depending on a buyer's vision and needs.The property is not a fully independent duplex setup, and utilities are shared. Buyer to verify all uses, zoning, and income potential.Outdoor features enhance the property's usability and appeal. The expansive yard offers room for gardening, recreation, and outdoor entertaining. A newly rebuilt deck provides a welcoming place to relax or host gatherings while enjoying the surrounding space.Additional improvements include an oversized garage ideal for parking, storage, or workshop use. Two separate driveways provide convenient access and additional off-street parking options. A storage shed adds further functionality for tools, equipment, or hobby space.The size of the lot and zoning may also offer future housing or expansion opportunities, subject to buyer due diligence and verification with the appropriate city or county authorities.This property presents a unique combination of space, versatility, and potential in an established SW Portland location with convenient access to parks, shopping, dining, and commuter routes.