#614732344, Tina Schafer, Listing Office: Urban Nest Realty
5215 N Willis Blvd Portland, OR 97203
Property details
About 5215 N Willis Blvd
Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don’t miss your chance to capitalize on this income-producing gem in Portland’s NoPo/St. Johns area!
Highlights
Summary
- MLS Number: 325493717
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RE/MAX Equity Group
- Office Phone: (503) 287-8989
- Listing Agent: Kevin Smallbeck, Michael Shelangoski
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Last updated on: 4/15/2025, 3:09:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$524,995
5215 N Willis Blvd
$6,234
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Rosa Parks Elementary School
Public District KG-5
0.5 mi
•8960 N Woolsey Ave
8
Peninsula Elementary School
Public District KG-5
1.0 mi
•8125 N Emerald Ave
6
James John Elementary School
Public District KG-5
1.6 mi
•7439 N Charleston Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,549. The majority of Portland, OR residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 5215 N Willis Blvd
This home is located at 5215 N Willis Blvd in Portland, OR and zip code 97203 in the North Portland neighborhood. This 1,519 square foot home, which was built in 1956, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $524,995.
In March 2025, from all listings sold in Portland, OR there were more than 260 sold above asking price, over 254 sold below and more than 174 were sold right at the asked price. Between February and March 2025, Portland, OR real estate market has seen increase in the number of listings by 11.5%. While the average time on the market in March 2025 was 58 days, the median list price was $547,107.