Blog investment Just Sold: Classic Old Portland With Two Separate ADU's!

Just Sold: Classic Old Portland With Two Separate ADU’s!

By Mel Dorman, February 9, 2024

5764 NE GARFIELD AVE
Portland, OR 97211

Stunning renovation of a classic old Portland home. This property was rebuilt using the Residential Infill Project and has 3 legal and separate units for unlimited opportunities. Main house has wood floors, builtins, fireplace and stunning kitchen. Spacious basement unit has 3 bedrooms w/ big windows for maximum light. Detached garage is a studio unit. Each unit has its own laundry, elec. meter etc. Amazing opportunity to buy and live-in now and hold as a tri-plex long term. New everything-roof, sewer, main water line, plumbing, electrical, HVAC and more. Quality in each unit, quartz counters, custom cabinets and stainless appliances. Alley access for basement and garage units and main house from street for added privacy and separation.


6 BEDROOM | 3/1 BATHS | 3184 SQFT
Sold  02/07/2024 | $915,000

Mel Dorman

Broker | OR & WA

She/They

Ten years ago, Melissa was living in a slum in Kolkata, India, helping over 200 women escape sex trafficking by providing alternative work at a social business. It was there she discovered her passion for financial education as a means of empowering people to move out of poverty. After graduating from UCLA with a Masters, Melissa spent 5 years working as a Social Worker; assisting clients facing homelessness, in jail, or at a psychiatric facility. As much as she loved the work, imagining saving for retirement on the meager salary of a social worker was becoming grim. That's when Melissa discovered "passive income." In no time, she fell in LOVE with real estate as a vehicle for wealth. Soon after, Melissa began locating off-market multi-family properties to purchase through creative financing strategies and win-win opportunities. Two years into investing, Melissa quit her day job as a Social Worker to become a full-time broker and investor. Initially, she was drawn to people in difficult circumstances, so she developed extensive experience assisting families facing foreclosure, short sales, and probate. Melissa is well versed in helping her clients overcome complex real estate challenges. Currently, Melissa is teamed up with Super Broker, Yascha Noonberg at Living Room Realty. Together they assist clients to achieve their real estate dreams, including how to strategically buy and sell a personal residence to maximize profits. Far from the slums of Kolkata, her greatest passion now is empowering other working professionals to develop passive forms of income through buying multi-family properties in Portland.
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