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Listed by MORE Realty • 971-409-2803
$489,900
Est. payment /mo
1,396 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,396 sqft
Price per Sqft $350
Subdivision Central Albina
MLS Listing ID 560712668
HOA Y/N No
Year Built 1890
Annual Tax Amount $2,622
Tax Year 2025
Lot Size 4,356 Sqft
Property Description
This is a rare opportunity to own an potential income-producing duplex in the heart of North Portland. Situated on a large corner lot, this fixer property is ideal for investors, contractors, or owner-occupants looking to build equity while generating rental income. Live in one unit and rent the other to help offset your mortgage payment.Unit #1 (Vancouver Side) features 1 bedroom, 1 bathroom, and includes access to a basement/garage area via exterior entry. Unit #2 (Going Side) offers 2 bedrooms, 1 bathroom, a large unfinished attic space with future potential, and direct interior access to the basement and garage, along with exterior access.The property offers driveway parking in addition to ample on-street parking. Conveniently located near local restaurants, coffee shops, shopping, and neighborhood amenities along the vibrant Mississippi and Humboldt corridors, with quick and easy access to I-5 for commuting throughout Portland and beyond.The home will require repairs and updating and is being sold “AS IS.” Seller is unable to make improvements. Some updates appear to have been completed over time, including the main sewer line, electrical wiring, and plumbing/water lines; however, dates and scope of improvements are unknown. Buyer to verify all information and due diligence.Cash or conventional financing only. Great potential and opportunity in a sought-after Portland location.
Location
State OR
County Multnomah
Area _141
Zoning R2.5
Rooms
Basement Exterior Entry, Full Basement, Unfinished
Interior
Heating Forced Air, Wall Heater
Cooling None
Exterior
Garage Spaces 2.0
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, On Busline
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Boise-Eliot
Middle Schools Harriet Tubman
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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