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4 Beds
4 Baths
2,557 sqft

$739,900

5623 N GAY AVE, Portland OR, 97217

Price per sqft$289.36
Built in2020
Property size2,557 sqft
Property typeMulti-family
Listing Courtesy of Keller Williams Realty Portland Premiere, Darryl Bodle. 503-709-4632

Overview

Active

Listed Apr 15, 2026

Updated 13h ago

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 at https://rpt.greenbuildingregistry.com/hes/OR10182385]

$4,923/mo

Est. mortgage payment based on a $739,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
593159608

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$10,697
Tax Frequency
Annually
Garage
Yes
View
Yes
MLS provider logo

Listing Courtesy of Keller Williams Realty Portland Premiere, Darryl Bodle. 503-709-4632

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Saltaire Coastal Homes are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/7/2026, 7:22 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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