$479000
3 Bed
1 Bath
1336 SqFt
2 DOM
Built: 1900
Status: Active
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.
Listing Provided Courtesy of Ian Elstrom, Kelly Right Real Estate of Portland, LLC
553943714
SingleFamilyResidence
2 DOM
3
9583.2 SqFt
1
1336
1900
Multnomah
R333085
Creston
Hosford
Franklin
Residential
SingleFamilyResidence
SECTION 07 1S 2E, TL 10100 0.22 ACRES
Listing Provided Courtesy of Ian Elstrom, Kelly Right Real Estate of Portland, LLC
PDXA1 Realty Group data last checked: Apr 12, 2026 05:19 | Listing last modified Apr 10, 2026 16:19,
Source:
436
900
0
1336
taxes
1336
1/Gas
3
1
0
1
Composition
1, Detached
Stories2,Craftsman
Driveway,OffStreet
2
1900
No
VinylSiding
Unfinished
RVParking,RVBoatStorage
Unfinished
ConcretePerimeter,Sl
VinylFrames
FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Microwave, RangeHood, StainlessSteelApplia
HardwoodFloors, HighCeilings
Fenced, RVParking, RVBoatStorage, Workshop, Yard
MainFloorBedroomBath
Gas
ForcedAir
PublicSewer
Gas
Gas
4615.97
0
Cash,Conventional,VALoan
04-10-2026
No
No
2
2
Cash,Conventional,VALoan
$479,000
$479,000
Apr 10, 2026 16:19
Listing courtesy of Kelly Right Real Estate of Portland, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Apr 12, 2026 05:19 | Listing last modified Apr 10, 2026 16:19.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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