135 Ne 55th Ave, Portland, OR

$725,000

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5

Beds

3

Baths

2,700

Square feet

0.13

Acres

About 135 Ne 55th Ave

DO NOT DISTURB TENANTS in #135. Please respect their privacy. Excellent investment opportunity in a prime NE Portland location! This well-maintained duplex offers solid tenant history (tenant just vacated after 17 years) & strong income potential with two separate units, each featuring its own private entrance and functional layout. NEW ROOF 2022; VINYL WINDOWS 2021; FRESH PAINT Feb 2026 (2021 for #135). Ideal for investors or owner-occupants seeking rental income, this property provides flexibility and long-term value. Situated on a corner lot, just minutes from local shops, restaurants, Providence Hospital, parks & public transportation, tenants enjoy both convenience and neighborhood charm. Unit 133 features 2 bedrooms, 1 bathroom, refinished hardwood floors throughout, stacked W/D, dishwasher, gas range, refrigerator & fenced yards with a great covered patio. Unit 135 features 3 bedrooms, 2 bathrooms (one on each level), vaulted beam ceilings, wood burning fireplace, private driveway, 1 car garage & finished basement. Each unit offers comfortable living spaces with abundant natural light and practical floor plans designed for everyday living. With consistent rental demand in this desirable NE Portland area, this duplex presents an excellent opportunity to add a stable asset to your portfolio or live in one unit while renting the other. Close proximity to downtown Portland, Providence Hospital, major commuter routes and popular neighborhood amenities makes this property especially attractive. Don’t miss this rare chance to own a versatile, income-producing property! HES= 6 (unit 133); HES = 1 (unit 135)

Features of 135 Ne 55th Ave

MLS® # 597775079
Price $725,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 2,700
Acres 0.13
Year Built 1950
Type Residential
Sub-Type Single Family Residence
Style Custom Style
Status Active

Community Information

Address 135 Ne 55th Ave
Area 142 - Portland Northeast
Subdivision NORTH TABOR
City Portland
County Multnomah
State OR
Zip Code 97213

Amenities

Parking Spaces 1
Parking Driveway, On Street
# of Garages 1
Garages Attached
Is Waterfront No
Has Pool No

Interior

Interior Features Hardwood Floors, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
Appliances Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances
Heating Forced Air
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
# of Stories 2
Has Basement Yes
Basement Crawl Space, Full Basement

Exterior

Exterior Wood Siding
Exterior Features Covered Patio, Deck, Fenced, Yard
Lot Description Corner Lot, Level
Windows Vinyl Frames
Roof Composition
Foundation Concrete Perimeter, Slab

School Information

Elementary Glencoe
Middle Mt Tabor
High Franklin

Additional Information

Date Listed February 26th, 2026
Days on Market 206
Zoning R-2.5
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremiere Property Group, LLC

Listing Map

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