3206 S Kelly Ave

Portland, OR 97239

$450,000
Price
—
Beds
—
Baths
2,238 Sq. Ft.
$201 / Sq. Ft.
2,238
Sq. Ft.
$201
per Sq. Ft.
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Pending
Pending
Living Room
Living Room
Living Room
Kitchen
Kitchen/Nook
Kitchen/Nook
Kitchen
Bedroom
Bedroom
Deck
Deck
Deck
Bedroom
Bedroom
Den/Office
Bathroom
Bathroom
Laundry

Description

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...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.
  1. Listed by Lori Hamilton • Coldwell Banker Bain • 503-423-7453

Property Details for 3206 South Kelly Avenue

Subdivision
LAIR HILL
Parking Features
On Street
Zoning
RH
View
Mountain
LISTING UPDATED: 07/07/2026 07:34 PM

Property Details for 3206 South Kelly Avenue

StatusPending
MLS #303635217
Days on Market41
Taxes$8,846 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1889
Lot Size0.03 AC / 1,306 SF
CountyMultnomah County
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Location

Listing Courtesy of Coldwell Banker Bain
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Building Information for 3206 South Kelly Avenue

Stories2Residences2Year Built1889Building Size-Lot Size0.03 AC / 1,306 SF

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$2,980 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$737

HOA Dues

$0

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Property Information for 3206 South Kelly Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Barber Blvd - Bancroft -SW Kelly/Hood Ave - Gibbs - Kelly
School Information
  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $8,845.59
  • Parcel Number: R129045
  • Tax Legal Description: CARUTHERS ADD, BLOCK 117, S 25' OF W 60' OF LOT 8
Property
Lot Information
  • Acres: 0.03
  • Lot Size Square Feet: 1306.0
  • Lot Size Dimension: 1500 SF
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1889
Utilities
  • Cooling Description: Heat Pump, Mini Split
  • Fuel Description: Gas
  • Heating Description: Ductless
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Gas, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement
  • Foundation Details: Other
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $38,400.00
  • Gross Income Projected: $38,400.00
  • Gross Rent Multiplier: $11.72
  • Investor Information: According To Owner
  • Net Income Actual: $23,400.00
  • Net Income Projected: 25400
  • Operating Expenses Projected: $13,000.00
  • Operating Expense: $15,000.00
  • Security Features: Entry
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2238
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,600
  • Unit Type 1 SqFt: 814.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Air Conditioning, Dishwasher
  • Unit Type 2 Rent: $1,600
  • Unit Type 2 SqFt: 645.0
  • Unit Type 2 Units Total: 1

Schools near 3206 South Kelly Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Capitol Hill Elementary School
Public - K to 5
Jackson Middle School
Public - 6 to 8
Ida B. Wells-Barnett High School
Public - 9 to 12
Emerson School
Charter - K to 5
Rating
School
Distance
Capitol Hill Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Emerson School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Bain

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