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3906 SW Kelly Ave 3,186 SF 100% Leased Office Building Portland, OR 97239 $1,500,000 ($470.81/SF)

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INVESTMENT HIGHLIGHTS

  • Location - Vibrant South Waterfront area near the OHSU Plaza and OHSU Center for Health & Healing I & II
  • Meticulously maintained and restored to perfection, showcasing a beautiful wraparound porch, balconies, Mt Hood views.
  • Prime Commercial/Office Residential mixed-use building features stunning architecture and versatile spaces.

EXECUTIVE SUMMARY

Tired of paying rent for your work space? Perfect Live / Work property! Introducing the original Kelly House, located in the vibrant South Waterfront area near the OHSU Plaza and OHSU Center for Health & Healing I & II . This prime Residential/Commercial/Office mixed-use property features stunning architecture and versatile spaces. Meticulously maintained and restored to perfection, the property offers multifaceted potential uses, The property showcases a beautiful wraparound porch, balconies, Mt Hood views and exquisite architectural details both inside and out (updates/upgrades by Arciform. The timeless Classic Portland Craftsman architecture seamlessly transitions from the exterior to the interior, highlighting rich woodwork and trim, built-ins, fireplaces, hardwood and wood floors, spacious rooms with high ceilings, crown moldings, and tin ceilings. A full, dry basement with higher ceilings provides additional spaces for use. The approximately 100x100 lot includes a paved section with 10 off-street parking spaces. Consider adding to this space for a garage, possible ADU or to create student housing or renting to food carts to enhance the already vibrant community."

ATTACHMENTS

Floor Plan

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,186 SF
Building Class
C
Year Built/Renovated
1908/2021
Price
$1,500,000
Price Per SF
$470.81
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,116 SF
Building FAR
0.32
Lot Size
0.23 AC
Zoning
RH - Multi-use RESIDENTIAL, COMMERCIAL USE
Parking
10 Spaces (3.68 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Very Walkable (76)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R129301
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$621,540
  • Listing ID: 36290729

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 3906 SW Kelly Ave, Portland, OR 97239

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