5623 N GAY Ave

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Address: 5623 N Gay Ave, Portland, OR 97217, USA
Seattle & Northwest + 2-4 Units
Created date: April 16, 2026
Date last updated: September 28, 2026
Price: $749,900Investment Analyzer NEW!

Property Description

Opportunity to acquire one side of a modern home with separate living quarters! This offering provides ~2,557 sq ft of well designed living space across three levels, delivering a functional and highly marketable layout for tenants or owner occupants seeking flexibility. Main level features a great room style design with seamless flow between kitchen, dining, and living areas, plus a convenient half bathroom for guests. Kitchen is equipped with a full size island with eat bar, stainless steel appliances, and extensive custom cabinetry, while large windows and sliding doors enhance natural light and connect to a covered deck and fully fenced yard, a key driver for livability and tenant retention. Upper level offers a 3 bedroom, 2 bathroom configuration including a primary ensuite with walk in closet and walk in shower, along with centrally located laundry for convenience. Ground level includes a highly sought after attached garage and separate living quarters with 1 bedroom, 1 full bathroom, and exterior access, currently rented and providing income from day one, creating flexibility for multigenerational use or continued supplemental rental income. Modern construction, efficient layout, and desirable features position this home for strong long term performance. Located near Arbor Lodge Park, New Seasons Market, and the dining, cafes, and retail along N Lombard St and St Johns, supporting consistent demand and long term value. [Home Energy Score = 10. HES Report

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $749,900
No. of Units: 2
Year Built: 2020
Lot Size: 2,557.00 Sq ft
Opportunity Zone: No
Price per unit: $374,950
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 5623 N GAY Ave, Portland, OR 97217, USA
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