R5 Real Estate

R5 Real Estate

Welcome to the vibrant R5 subdivision in the heart of Portland, Oregon! Nestled within Multnomah County, this charming community offers a unique blend of urban convenience and serene living, making it an ideal place for families, professionals, and retirees alike.

R5 is characterized by its spacious lots and beautifully designed homes, many of which feature lush gardens and outdoor spaces perfect for entertaining or enjoying a quiet evening under the stars. The subdivision is known for its tree-lined streets, creating a picturesque environment that invites walks and bike rides around the neighborhood.

Living in R5 means being part of a close-knit community that values both nature and neighborly connections. The area boasts easy access to numerous parks, including the stunning Forest Park, where residents can explore miles of hiking trails and enjoy the beauty of the Pacific Northwest. Additionally, the subdivision is conveniently located near local shops, restaurants, and cafes, providing residents with everything they need just a stone’s throw away.

For families, R5 is served by highly-rated schools, ensuring that children receive a top-notch education. The community also hosts various events throughout the year, fostering a sense of belonging and camaraderie among residents.

With its exceptional location, beautiful homes, and welcoming atmosphere, the R5 subdivision in Portland is truly a hidden gem. Whether you're looking to buy your first home or seeking a peaceful retreat, R5 offers a lifestyle that balances comfort, convenience, and community spirit. Come explore the possibilities and discover why so many are proud to call R5 home!

Newest Listings in R5

5732 SE LEXINGTON ST, Portland
$560,000
2 Beds ⋅ 1 Baths ⋅ 445319400 MLS
A classic Portland bungalow reimagined for modern living, this beautifully renovated 1925 home combines timeless character, contemporary finishes, and exceptional future potential in the desirable Darlington neighborhood. Fully renovated down to the studs, the home features an inviting open-concept living and kitchen area filled with natural light, creating a seamless space for everyday living and entertaining. The brand-new kitchen showcases quartz countertops, stainless steel appliances, and modern finishes, complemented by new luxury vinyl plank flooring throughout. The updated bathroom features a spacious soaking tub and contemporary fixtures. The lower level offers a generously sized bedroom with an additional bonus flex space, providing versatility for a home office, lounge, or creative studio. Step outside to a newly built deck, perfect for relaxing or entertaining, while the spacious backyard offers additional outdoor possibilities. A standout feature is the oversized detached garage and workshop, offering exceptional flexibility for hobbies, storage, or potential conversion into an accessory dwelling unit (ADU). The property also presents exciting development opportunities, including the possibility of subdividing the lot to build an additional residence, subject to city approval and buyer verification. Ideally situated in SE Portland, just minutes from Woodstock's popular restaurants, cafés, shops, and neighborhood amenities, with convenient access to nearby parks, schools, and Eastmoreland Golf Course. With a Bike Score of 90, this location offers excellent accessibility for cycling. Combining a complete renovation, flexible living spaces, and future development potential, this is an exceptional opportunity in a convenient Portland location.

5732 SE LEXINGTON ST, Portland

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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