5405 SE MALL ST, Portland, OR 97206

$777,750
3
BD
2
BA
4,002
SqFt
Sold Price
$777,750
List Price
$775,000
Closing Date
Feb 03, 2026
Days on Market
33
Status
SOLD
MLS#
776480188
Bedrooms
3
Bathrooms
2
Partial Bathrooms
1
Living Area
4,002
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast

Property Description

Investment potential in this spacious 4,002 sq ft mid-century home offering multiple options for value-add and income generation. The main level features hardwood floors throughout, a remodeled kitchen and updated bathrooms, providing immediate rent-ready appeal while preserving classic mid-century character.Laundry is located on the main floor, with the ability to add a second laundry in the basement—ideal for future duplex, ADU, or multi-tenant configuration (buyer to verify). Updated double-pane windows and a 200-amp electrical service support expansion, modernization, and additional units.The property includes a covered patio, raised garden beds, and a large backyard. Lots of room for hobbies and animals. Generous square footage and layout flexibility allow for a variety of strategies including house hacking, multi-generational living, or conversion to income-producing units.A strong blend of updated systems, size, and classic architecture makes this property a compelling opportunity for investors seeking long-term appreciation and rental income. Decommissioned oil-tank.

Additional Information

Tax Amount
$6,895
Year Built
1951
High School
Franklin
Elementary School
Creston
Middle School
Other
Fireplaces Total
2
Garage Spaces
2
Garage Type
Detached
Acres
0.20
Living Area
4,002
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Garage on Main
Master Bedroom Level
Main
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Brick
Roof Type
Composition
Sewer Description
Public Sewer
Style
Ranch
Parking
Off Street
Parking Description
Off Street
Road Surface
Paved
Exterior Features
Covered Patio, Fenced, Garden, Raised Beds, Tool Shed, Yard
Interior Features
Garage Door Opener, Hardwood Floors, Laminate Flooring, Vinyl Floor, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Pantry

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Equity Group. Selling Office: Windermere Realty Trust.

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