- ADDRESS:
- 5845 SE HOLGATE BLVD Portland, OR 97206
- VIDEOS:
- Print this Listing
- Price:
- $479,000
- Beds:
- 3
- Baths:
- 1.0
- Ft²:
- 1336
- Acres:
- 0.22
- MLS#:
- 553943714
- Lot Size:
- 7,000 to 9,999 SqFt
- Type:
- Detachd
- County:
- Multnomah
- Style:
- 2 Stories
- Yr Built:
- 1900
- Status:
- Active
- Levels:
- 2
- Garage:
- Detached
- Heat:
- Forced Air
- Fireplace:
- Wood Burning
- Roof:
- Composition
- Accessibility:
- Main Floor Bedroom w/Bath
- View:
- City
- Elem:
- Creston
- Middle:
- Hosford
- High:
- Franklin
- Lot Desc:
- Gated, Level
- Area:
- Portland Southeast
- Exterior:
- Fenced, RV Parking, RV/Boat Storage, Workshop, Yard
- Courtesy of:
- Kelly Right Real Estate of Portland, LLC
- Remarks:
- Welcome to 5845 SE Holgate Blvd. — a character-rich Foster-Powell home blending move-in-ready comfort with serious investment upside. Updated throughout, with multiple income pathways and a city-approved lot subdivision already in hand. MAIN LIVING - Step inside to find warm, original hardwood floors flowing through the main living areas — a timeless quality newer construction can’t replicate. The living room centers on a handsome wood-burning fireplace — ideal for Portland’s gray-sky seasons.NEWLY REMODELED KITCHEN - The newly remodeled kitchen features contemporary cabinetry, updated countertops, and modern fixtures — crisp and functional while connecting seamlessly to the home’s classic bones.BEDROOMS & BONUS ROOMS - The home offers three comfortable bedrooms, each with natural light and hardwood floors throughout. Plus two versatile bonus rooms — ideal for a home office, studio, guest quarters, or gym.BASEMENT — INCOME & ADU POTENTIAL - The large high ceiling unfinished basement offers a clear path to an accessory dwelling unit (ADU) or income rental — adding serious long-term value.LARGE LOT WITH DETACHED GARAGE — REBUILD OPPORTUNITY - The detached garage needs significant work but comes with a separately metered electrical service and an intact existing foundation perimeter — reducing the cost of any rebuild, workshop, studio, or income unit conversion.Lot Size — Split & Investment PotentialThe oversized lot itself is a standout investor asset. Portland’s Foster-Powell zoning supports lot division and infill development, and the City of Portland has already green-lit the subdivision — saving months of bureaucratic headaches and thousands in planning fees. A buyer can split the lot to build, sell the parcel, or add another income property — multiplying the return on this already opportunity-rich investment.All improvements subject to applicable local codes and permitting.