SOLD AUG 19, 2026

Sold on aug 2026

$420,000

•

2 ba

•

2,238

sq ft

3206 S Kelly Ave, Portland, OR 97239

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About this home

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. Upper unit available the end of July.

Multi-familyProperty Type

1889Year Built

1,306 sq ftLot Size

$188Price/Sq.Ft.

Listed by Lori Hamilton • Coldwell Banker Bain

Contact: 503-423-7453

Bought with Reed Bright • Matin Real Estate

Redfin checked: a minute ago

•Source:RMLS #303635217

Redfin Estimate

$451,649

$32K since sold in August 2026$21K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23% higher than the average sale price ($367K) of 6 comparable homes.

SOLD AUG 17, 2026
$390,000
A
2 beds2 baths1,473 sq ft
2221 SW 1st Ave #1124, Portland, OR 97201
SOLD SEP 11, 2026
$314,900
B
2 beds2 baths1,267 sq ft
2221 SW 1st Ave #2421, Portland, OR 97201
SOLD JUL 17, 2026
$525,000
C
2 beds2 baths1,593 sq ft
2221 SW 1st Ave #2122, Portland, OR 97201
SOLD OCT 29, 2026
$390,000
D
3 beds2 baths1,950 sq ft
2221 SW 1st Ave #2424, Portland, OR 97201
SOLD JUL 8, 2026
$295,000
E
2 beds2 baths1,332 sq ft
2221 SW 1st Ave #623, Portland, OR 97201
SOLD AUG 21, 2026
$288,000
F
2 beds2 baths1,268 sq ft
2211 SW 1st Ave #303, Portland, OR 97201

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Market trends in South Portland, OR

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.0%

+0.8% MoM

Median sale price

$490K

$41K MoM

Avg. days on market

72d

3 days MoM

Recently sold homes

3 MoM

New listings for sale

$550,000
2 beds2 baths1,283 sq ft
841 S Gaines St #1204, Portland, OR 97239
Kirby Arkes • Sean Z Becker Real Estate
OPEN SAT, 12PM TO 2PM
$675,000
4 beds2 baths2,177 sq ft
3018 SW Flower Ter, Portland, OR 97239
Beverly Moser • John L. Scott
$250,000
1 bed1 bath675 sq ft
3515 SW Barbur Blvd Unit W1, Portland, OR 97239
Angie Hobson • Summa Real Estate Group
$259,900
2 beds2 baths1,126 sq ft
4320 S Corbett Ave #212, Portland, OR 97239
Javier Alomia • Real Broker
3D WALKTHROUGH
$275,000
1 bed1 bath891 sq ft
3601 S River Pkwy #205, Portland, OR 97239
Bradley Thurman • Windermere Realty Trust
OPEN SUN, 11AM TO 1PM
$369,900
2 beds2 baths1,170 sq ft
5630 S Riverside Ln #7, Portland, OR 97239
Sohee Anderson • Where, Inc
See all

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Sale and tax history for 3206 S Kelly Ave

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Multnomah County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 30, 2026.

RM3

Residential Multi-Dwelling 3 Zone

The RM3 zone is a medium to high density multi-dwelling zone applied near the Central City, and in centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended for compact, urban development with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets. This zone is intended for areas where the established residential character includes landscaped front setbacks. Allowed housing is characterized by mid-rise buildings up to six stories tall. The Design overlay zone is applied to this zone.

Zone overlays

Design Overlay Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space

Property details

Parking

Parking Information
Parking Features: On Street

Interior

Appliances
Hot Water Description: Gas

Interior Features
Storage: Basement
Basement: Full Basement

Exterior

Exterior Features
Roof: Composition
Exterior Description: Wood Siding

Lot Information
Lot Size Square Feet: 1,306
Lot Size Range: 0K to 2,999 SqFt
Lot Size Dimensions: 1500 SF
Lot Size Acres: 0.03
Lot Size: 0K to 2,999 SqFt
Parcel Number: R129045

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
Security Features: Entry
View YN: Yes
View Description: Mountain(s)

Building Information
Year Built: 1889
Building Area Total: 2,238
Foundation Details: Other

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: CARUTHERS ADD, BLOCK 117, S 25' OF W 60' OF LOT 8
Tax Annual Amount: $8,845.59

Rent Information
Rent Includes: Gas, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 5.38
Gross Rent Multiplier: 11.33

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Ductless
Cooling YN: Yes
Cooling: Heat Pump, Mini Split

Location

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,600
Area: 814
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,600
Area: 645
BathsTotal: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher
Units Total: 1

School Information
Elementary School: Capitol Hill
Middle Or Junior School: Jackson
High School: Ida B Wells

Location Information
Directions: Barber Blvd - Bancroft -SW Kelly/Hood Ave - Gibbs - Kelly
Unparsed Address: 3206 S KELLY AVE, Portland, OR 97239

Community Information
Zoning: RH

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Multnomah County
APN: —

Home facts updated by county records on Jan 30, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Capitol Hill Elementary School

Public K-5 • Assigned • 2.7mi

9/10

Jackson Middle School

Public 6-8 • Assigned • 3.9mi

8/10

Ida B. Wells-Barnett High School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97239

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

66/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.4 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$430,000 – $520,000

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Sohee Anderson • Where, Inc

Home values near 3206 S Kelly Ave

Data from public records.

Address	Redfin Estimate
3214 South Kelly Ave, Portland, OR 2 Beds \| 1 Baths \| 1096 Sq. Ft.	$522,210
3236 South Kelly Ave, Portland, OR - Beds \| - Baths \| 3000 Sq. Ft.	—
3315 South Kelly Ave, Portland, OR 3 Beds \| 1 Baths \| 1760 Sq. Ft.	$550,457
3204 South Kelly Ave Apartment A&B, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$521,501
215 South Gibbs St, Portland, OR 3 Beds \| 3 Baths \| 2324 Sq. Ft.	$641,827
222 South Gibbs St, Portland, OR 3 Beds \| 2 Baths \| 2289 Sq. Ft.	$728,903
3222 South Corbett Ave, Portland, OR 3 Beds \| 1.5 Baths \| 1670 Sq. Ft.	$603,010

Address	Redfin Estimate
3204 South Kelly Ave, Portland, OR 5 Beds \| - Baths \| 2238 Sq. Ft.	$643,410
3314 South Kelly Ave Apartment 3314, Portland, OR - Beds \| - Baths \| 5310 Sq. Ft.	—
3208 South Kelly Ave Apartment 3206, Portland, OR 2 Beds \| 2 Baths \| 2234 Sq. Ft.	—
3236 South Corbett Ave, Portland, OR 3 Beds \| 3 Baths \| 2532 Sq. Ft.	$708,523
3216 South Corbett Ave, Portland, OR 4 Beds \| 2 Baths \| 2292 Sq. Ft.	$633,848
231 South Gibbs St, Portland, OR 4 Beds \| 3.5 Baths \| 2900 Sq. Ft.	$666,805
320 Southwest Grover St, Portland, OR 2 Beds \| 1.5 Baths \| 1935 Sq. Ft.	—

Address	Redfin Estimate
3303 South Kelly Ave, Portland, OR 2 Beds \| 2 Baths \| 2491 Sq. Ft.	$555,317
3224 South Kelly Ave, Portland, OR 2 Beds \| 2 Baths \| 1868 Sq. Ft.	$485,940
3208 South Kelly Ave, Portland, OR 2 Beds \| 2 Baths \| 2220 Sq. Ft.	$496,678
329 South Whitaker St, Portland, OR 28 Beds \| 24 Baths \| 16242 Sq. Ft.	—
3204 South Corbett Ave, Portland, OR 2 Beds \| 2 Baths \| 2036 Sq. Ft.	$532,222
223 South Gibbs St, Portland, OR 2 Beds \| 1 Baths \| 880 Sq. Ft.	$440,456
3236 South Corbett Ave, Portland, OR - Beds \| - Baths \| - Sq. Ft.	—

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