$1,250,000
PENDING

Estimated payment $7,835/month

Total Views 834
4 Beds
7 Baths
4,392 Sq Ft
$285 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Facilities
  • West Sylvan Middle School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Wallace Park

About This Home

The Savior Court (7 units) offers residents an exceptional living experience with immediate access to the vibrant amenities of Nob Hill, Slabtown, and the Pearl District. Strong tenant demand, walkability to top-tier dining and retail, and proximity to key employment centers. With stable occupancy, proven rental upside, and continued growth in one of Portland’s most desirable submarkets, presenting a compelling opportunity for investors seeking long-term appreciation and operational efficiencies.

Listing Agent

Steve Odermann

Windermere Realty Trust Brokerage Email: sodermann@windermere.com License #201209382 Listed on: 07/16/2025

Windermere Realty Trust

Co-Listing Agent

Nick Odermann

Windermere Realty Trust Brokerage Email: sodermann@windermere.com License #201211490

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,916

Year Built

  • Built in 1924

Lot Details

  • 3,484 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 4,392 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Bathrooms

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R171562

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Alphabet Historic District Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $45,578
  • Gross Income $106,811
  • Net Operating Income $61,233

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,916

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1924
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Unfinished
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R171562

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 12915.57
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 11.7
  • Annual Gross Income: 106811.0
  • Property Net Operating Income: 61233.0
  • Annual Operating Expense: 45578.0

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

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $1,250,000 -- $285 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 519319159

Regional Multiple Listing Service (RMLS)

APN: 1N1E29DD 16700