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$659,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,836 Sq. Ft.
  • Updated 8 days ago
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Unique SW Portland property offering flexibility, space, and opportunity on a rare .48-acre lot. Originally built as a single-family residence, the home is currently configured to accommodate two living areas, creating a variety of possibilities for owner-occupants and investors alike.The layout works well for those seeking multi-generational living, extended guest space, or exploring potential rental use. The additional living area may also appeal to buyers interested in short-term rental opportunities, subject to local regulations and buyer due diligence. For those wanting a more traditional layout, the home could also be reimagined and converted back to a single-family residence.Property is not a fully independent duplex setup, and utilities are shared. Buyer to verify all uses, zoning, and income potential.The expansive lot is a standout feature, offering outdoor space rarely found this close to the city. The large yard provides room for gardening, recreation, pets, and outdoor entertaining. A newly rebuilt deck creates a welcoming outdoor living area to relax and enjoy the surrounding space.Additional features include a new furnace, oversized garage with space for parking, storage, or workshop use, two separate driveways providing convenient access and off-street parking, and a storage shed for tools and equipment.The size of the lot may also offer future possibilities depending on zoning allowances. Buyers are encouraged to perform their own due diligence with the appropriate authorities regarding development potential and permitted uses.Conveniently located in SW Portland with easy access to parks, shopping, dining, and commuter routes, this property offers a rare combination of versatility, outdoor space, and long-term potential.

Full Property Details for 5623 SW Boundary St

General

  • Price: $659,000
  • Taxes: $7,696 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 306447805
  • Updated: 3/25/2026
  • Added to Site: 21 day(s) ago

Interior

  • Interior Features: Garage Door Opener, Granite, High Ceilings, Luxury Vinyl Tile, Tile Floor, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas, Wood Burning
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Granite, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Main
  • Bedroom 2: Main

Other Rooms

  • Living Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Dining Room: Main

Exterior

  • Exterior Features: Covered Patio, Deck, Gas Hookup, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Multnomah
  • Subdivision: Hayhurst
  • Driving Directions: OR 10 to Shattuck to SW Boundary

School Information

  • Elementary School: Hayhurst
  • Middle School: Robert Gray
  • High School: Ida B Wells

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Baseboard, Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Daylight Ranch, Mid-Century Modern
  • Basement Desc.: Daylight, Finished
  • Roof: Metal
  • Windows: Vinyl Frames
  • Stories/Levels: 2
  • Square Feet: 1,836
  • Year Built: 1951
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,908
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Terraced

Financial Considerations

  • Tax Amount: $7,696.94
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: B P CARDWELL TR, LOT 10 TL 2000
  • Disclosures/Reports: Disclosure
  • Property ID: R111054

Listed by Epique Realty (503) 819-9191, Donna Jo Merrifield (541) 981-1436 and Epique Realty (503) 819-9191, Eddie Merrifield (541) 981-1364

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Listing agents

— 5623 SW Boundary St —

  • Donna Jo Merrifield

    Epique Realty

    503-819-9191

  • Eddie Merrifield

    Epique Realty

    503-819-9191

541-981-1436

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5623 SW Boundary St

School District:Portland School District 1j
NameGradesDistance
Hayhurst Elementary School
5037 Southwest Iowa Street, Portland, OR 97221
K-50.5 mi
Gray Middle School, Portland, OR
5505 Southwest 23rd Avenue, Portland, OR 97239
6-81.7 mi
Ida B. Wells-Barnett High School
1151 Southwest Vermont Street, Portland, OR 97219
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5623 SW Boundary St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$659,000
41.42%
MLS
2/09/2016
Sold
$466,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5623 SW Boundary St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,697
4%
$285,920
3%
2024
$7,420
4%
$277,600
3%
2023
$7,135
4%
$269,520
6%
2021
$6,863
-2%
$254,050
-3%
2022
$6,981
2%
$261,670
6%
2021
$6,863
13%
$246,660
3%
2019
$6,064
3%
$239,480
3%
2018
$5,886
4%
$232,510
3%
2017
$5,641
9%
$225,740
3%
2016
$5,162
15%
$219,170
15%
2015
$4,496
2%
$190,320
3%
2014
$4,428
2%
$184,780
3%
2013
$4,325
—
$179,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Epique Realty (503) 819-9191, Donna Jo Merrifield (541) 981-1436 and Epique Realty (503) 819-9191, Eddie Merrifield (541) 981-1364

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5623 SW Boundary St, Portland, OR 97221 (MLS# 306447805) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 5623 SW Boundary St is currently listed for $659,000 and was received on March 12, 2026. Want to learn more about 5623 SW Boundary St? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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