$895,000

1115 1117 N Beech St Portland, OR 97227

Boise Neighborhood

Estimated payment $5,245/month

6 Beds
2 Baths
3,146 Sq Ft
$284 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Ductless Heating Or Cooling System
  • Corner Lot
  • Cul-De-Sac
  • Laundry Facilities

About This Home

Turn-key investment PLUS future development opportunity in the so-cool-it's-HOT N MISSISSIPPI neighborhood! Broad, inviting front porch welcomes residents & guests, while the vintage woodwork columns & interior built-ins will charm your socks off! Updated systems throughout are an owner/tenant win-win. Excellent rental history, and low-turnover for the last 20+ years. Each unit has 3 bedrooms + 1 bath. Updated kitchens & baths, wall insulation, double-pane windows & mini-split HVAC for heating and cooling = happy tenants year-round. Exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential. 2 blocks west of a thriving, diverse commercial district, containing event spaces, shopping, dining and services. 2 blocks south of a Pedestrian Bridge that crosses into Overlook - MAX line, more parks, dining, etc. Easy access in all directions to parks, libraries, transit & freeways. 9 min drive to Downtown PDX. RM1 zoned, 9,000 SF corner lot has INCREDIBLE DEVELOPMENT POTENTIAL -- check out Lot/Land listing #317438603. Builder's Packet available upon request. Buyer to do their due diligence. Tenant Occupied -- PLEASE DO NOT DISTURB.

Listing Agent

Elizabeth Wren Shiffler

Realty Works Group License #200912001 Listed on: 06/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 100x90
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,146 Sq Ft Home
  • 3-Story Property
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • On-Street Parking
  • Controlled Entrance

Schools

  • Boise-Eliot Elementary School
  • Harriet Tubman Middle School
  • Jefferson High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Heat Pump
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number R223729

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boise Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $8,452
  • Gross Income $46,142
  • Net Operating Income $37,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,106

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1909
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Attached,Basement
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Cul_de_sac, Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: AddedWallInsulation,DoublePaneWindows,ENERGYSTARQualifiedAppliances,InsulationandCeilingInsulation,MiniSplit
  • Fuel Description: Electricity
  • Hot Water: Tank
  • Internet Service Type: FiberOptics
  • Security: Entry, Sidewalk
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless, MiniSplit, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Owner
  • Community Features: AllLandscaping, Laundry
  • Association: No

Schools

  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman

Lot Info

  • Zoning: RM1
  • Lot Size: 100x90
  • Parcel #: R223729

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3106.0
  • Tax Opportunity Zone: Yes

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.4
  • Annual Gross Income: 46142.0
  • Property Net Operating Income: 37690.0
  • Annual Operating Expense: 8452.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,901 $109,460 $0 $0
2022 $2,838 $106,280 $0 $0
2021 $2,790 $103,190 $0 $0
2020 $2,560 $100,190 $0 $0
2019 $2,466 $97,280 $0 $0
2018 $2,393 $94,450 $0 $0
2017 $2,294 $91,700 $0 $0
2016 $2,099 $89,030 $0 $0
2015 $2,044 $86,440 $0 $0
2014 $2,013 $83,930 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $895,000 -- $284 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $215,000 New Conventional
Closed $217,000 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 190351402

Regional Multiple Listing Service (RMLS)

APN: R223729

Oregon Multnomah County Portland 97227 Boise

1115 1117 N Beech St, Portland, OR

This home is located at 1115 1117 N Beech St, Portland, OR 97227 and is currently priced at $895,000, approximately $284 per square foot. This property was built in 1909. 1115 1117 N Beech St is a home located in Multnomah County with nearby schools including Boise-Eliot Elementary School, Harriet Tubman Middle School, and Jefferson High School.

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Nearby Homes
Elizabeth Wren Shiffler
Listing Agent
Elizabeth Wren Shiffler
Section Image
Realty Works Group
(503) 755-8239