James & Angie Smith

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Listing provided courtesy of Coldwell Banker Bain- MLS# 303635217MLS ProviderContact Information: 503-423-7453

3206 S KELLY AVEPortland, OR 97239

Multi-Family · 2,238 Sq. ft. | 0.03 Acres
$450,000 Active

3206 S KELLY AVE Overview

Time on Site:
34 days
Visits:
1

Lair Hill Victorian duplex just steps from the pedestrian bridge. High ceilings, fir floors, and ductless heating and cooling. Convenient to OHSU and PSU and downtown Portland. Double-pane windows. Tile floors and clawfoot tub w/shower in both bathrooms. Skylights provide ample natural light. Shared fenced back yard and full basement. Separate laundry (in-unit for upper unit, in basement for main level unit). Legal duplex is a great opportunity for owner occupied or steady rental income. Pop down to the South Waterfront restaurants/shops and Tillicum Crossing/waterfront trails. Photos of upper unit when last vacated.

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3206 S KELLY AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,238
  • Price/Sq.ft. $201
  • Lot 0.03 Acres

Details

General

School Information

  • Elementary School: Capitol Hill
  • Middle Or Junior School: Jackson
  • High School: Ida B Wells

Income/Expenses

  • Gross Income: 38400.0
  • Gross Scheduled Income: 38400.0
  • Net Operating Income: 23400.0
  • Operating Expense: 15000.0

Building Information

  • Year Built: 1889

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills
  • Subdivision Name: LAIR HILL

Rent/Lease Information

  • Rent Includes: Gas,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 8845.59
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R129045
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: RH

Interior

Building Interior

  • Building Area Total: 2238.0

General Information

  • Basement: Full Basement
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Other
  • Heating: Ductless
  • Security Features: Entry
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Size Dimensions: 1500 SF
  • Lot Size Square Feet: 1306.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

3206 S KELLY AVE Neighborhood

Community

97239 (Portland) Demographics

39
Median Age
4,964
Population Density (per sq. mile)
79%
College Educated
$93,594
Estimated Median Income
4,411
Estimated Total Home Owners
4,838
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3206 S KELLY AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3206 S KELLY AVE Market Data

Based on the last 30 days in this zip code

$766,527
Average List Price
$349
Average Price per Square Foot
19
Properties Sold
132
Average Days on Market
155
Properties for Sale
Calculations provided by Reliance Network

3206 S KELLY AVE History

Date Event Value Agent
6/18/2026Source: Regional MLS Price Reduction
$450,000 -6.2%
5/27/2026Source: Regional MLS Added to Database
May 27, 2026