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Shannon Lambert

homeinsightshannon@gmail.com +1(503) 347-0159

Listed by Kelly Right Real Estate of Portland, LLC

$ 459,000

Est. payment | -/mo

3 Beds

1 Bath

1,336 SqFt

Save

$ 459,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,336 SqFt

Open House

Sat May 16, 11:00am - 1:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,336 sqft

Price per Sqft $343

MLS Listing ID 553943714

Style Stories2, Craftsman

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,615

Tax Year 2025

Lot Size 9,583 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State OR

County Multnomah

Area _143

Rooms

Basement Unfinished

Interior

Interior Features Hardwood Floors, High Ceilings

Heating Forced Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Microwave, Range Hood, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Fenced, R V Parking, R V Boat Storage, Workshop, Yard

Parking Features Detached

Garage Spaces 1.0

View City

Roof Type Composition

Accessibility MainFloorBedroomBath

Garage Yes

Building

Lot Description Gated, Level

Story 2

Foundation Concrete Perimeter, Slab, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Creston

Middle Schools Hosford

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 347-0159

homeinsightshannon@gmail.com

1112 Daniels St, Suite 102-D, Vancouver, 98660, USA

5845 SE HOLGATE BLVD Portland, OR 97206