About 5232 Se Malden St
Some homes put you close to everything. This one lets you rise above it.Perched over the heart of SE Portland, sunsets and city lights spill across the view while Woodstock, Sellwood, Eastmoreland, parks, coffee, dining and transit are all just minutes away. Close the gate and the city fades a little. Your own tucked-away sanctuary, with Portland still right outside.Inside, the kitchen is the kind people linger in—an oversized leathered-granite island, cooktop, stainless appliances and room for dinner to turn into drinks and drinks to turn into midnight. Oversized windows pull the light in, a gas fireplace warms things up, and the view deck practically demands a sunset.Upstairs, three bedrooms include a vaulted primary suite with Juliet balcony, dual closets and private bath. Downstairs? A separate entrance and a whole lot of possibility—guest suite, studio, office, future ADU, or the beginning of something bigger.Because here’s where this house gets interesting. CM1 mixed-use zoning. Coffee shop? Massage studio? Therapy practice? Creative workspace? Live upstairs, dream downstairs. Buyers to verify permitted uses with the City of Portland.Fully fenced with multiple decks, a private paver patio, mature landscaping, big garage and Level 2 EV charging.A little private. A little unexpected. And very Portland. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10185178]
Open House
Features of 5232 Se Malden St
| MLS® # | 543616680 |
|---|---|
| Price | $465,000 |
| Bedrooms | 3 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,970 |
| Acres | 0.06 |
| Year Built | 2008 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional, Live Work Unit |
| Status | Active |
Community Information
| Address | 5232 Se Malden St |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | ERROL HEIGHTS |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97206 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Driveway |
| # of Garages | 1 |
| Garages | Attached, Oversized, Extra Deep |
| View | Territorial, Trees/Woods, Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Garage Door Opener, Granite, High Ceilings, Vaulted Ceiling(s), Vinyl Floor, Wall to Wall Carpet, Washer/Dryer, 3rd Floor |
|---|---|
| Appliances | Dishwasher, Disposal, Free-Standing Refrigerator, Granite, Island, Stainless Steel Appliance(s) |
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Exterior Entry, Partially Finished, Storage Space |
Exterior
| Exterior | Cement Siding |
|---|---|
| Exterior Features | Deck, Porch, Sprinkler, Yard |
| Lot Description | Level, Private |
| Windows | Double Pane Windows, Vinyl Frames |
| Roof | Composition |
| Foundation | Slab |
School Information
| Elementary | Lewis |
|---|---|
| Middle | Sellwood |
| High | Cleveland |
Additional Information
| Date Listed | July 6th, 2026 |
|---|---|
| Days on Market | 78 |
| Zoning | CM1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MORE Realty |
|---|---|
| Contact Info | 503-320-6219 |