5623 SW Boundary StPortland, OR 97221




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$3,007Versatile property on a spacious .48-acre lot in SW Portland. Originally built as a single-family home & currently configured with two living areas offering flexibility for owner-occupants or investors. Live in one side and rent the other, create multi-generational living, or explore short-term rental potential. Features include an oversized garage, two driveways w/ off-street parking, storage shed, and newly rebuilt deck overlooking the large yard. Buyers to verify zoning, future development possibilities. 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 income-producing rental space, private guest quarters, or flexible living arrangements.Buyers may choose to continue using the property as a duplex-style setup, live in one side while renting the other, or utilize the second living space for visiting guests or extended household members. 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.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 depending allowances. Buyers are encouraged to verify potential uses and development options 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.
| 23 hours ago | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-03-14 04:34 AM UTC

