5601 NE CLEVELAND AVE Portland, OR 97211

Nestled in the heart of the historic Piedmont neighborhood, this immaculate 3100sf duplex, built in 1951, stands as a testament to enduring quality and meticulous upkeep. Boasting high-quality construction, this property presents classic midcentury architecture, offering a unique blend of charm and functionality.Inside each unit, and you'll be greeted by pristine hardwood floors and a fireplace, creating an inviting atmosphere for any homeowner/tenant. The thoughtful layout extends to full basements on both sides, providing ample space for customization or additional living areas.Situated on a generous 75 x 100 lot with convenient alley access, this duplex not only offers a comfortable living experience but also presents a myriad of possibilities for future development. The flexible zoning allows for the addition of more units, providing an excellent opportunity for expansion and increased investment potential.What sets this property apart is its strategic location, just a stone's throw away from the vibrant Vancouver Williams corridor, Mississippi, and Alberta Arts districts. Explore the charm of local bodegas and nearby restaurants, making this duplex an ideal home for those seeking the perfect blend of convenience and cultural richness.This property is a strategic move to hedge against mortgage rates while unlocking the value of future development potential in the unfinished basement. The property ha SUPER low taxes too! Furthermore, the setup is perfect for adding an Accessory Dwelling Unit (ADU), offering even more versatility and added value to the discerning buyer.Seize the opportunity to own a piece of history with this meticulously maintained duplex. Immerse yourself in midcentury charm, capitalize on flexible zoning, and embrace a lifestyle enriched by the vibrant surroundings. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223374]