204 NW 15th Ave Unit 206 Portland, OR 97209
Pearl District NeighborhoodEstimated payment $5,022/month
Highlights
- City View
- 4-minute walk to Nw 11Th & Everett
- Property is near a bus stop
- West Sylvan Middle School Rated A-
- No HOA
- Forced Air Heating and Cooling System
About This Home
This rare Victorian-style duplex sits on a quiet cul-de-sac at the edge of Portland’s vibrant Pearl District, combining timeless character with modern functionality. Ideal for owner-occupants or investors, the property offers flexible rental options in one of the city’s most walkable neighborhoods.The detached duplex features a main-level unit that is vacant providing immediate flexibility for owner occupancy, long-term rental, or short-term use. The second-floor residence includes a private covered balcony. Each unit features private laundry, hardwood floors, original built-ins, and custom woodwork that reflect the home’s historic charm.A full, unfinished basement with street-level access offers ample space for storage or bike parking. Easy street parking and nearby public garages add convenience, and freeway on/off ramps are just minutes away.With a Walk Score of 99 and a Bike Score of 90, you’re steps from the Pearl District’s top dining, shopping, and cultural attractions—plus picturesque views of Portland’s West Hills.A beautifully maintained, income-generating property - this is a rare find in one of Portland’s most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,932
Year Built
- Built in 1900 | Remodeled
Lot Details
- 1,742 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,909 Sq Ft Home
- 3-Story Property
- City Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Storage
Location
- Property is near a bus stop
Schools
- Chapman Elementary School
- West Sylvan Middle School
- Lincoln High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number R140697
Community Details
Overview
- No Home Owners Association
- 2 Units
- Pearl District Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $9,200
- Gross Income $22,500
- Net Operating Income $13,569
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $8,932 | $334,150 | -- | -- |
| 2023 | $8,589 | $324,420 | $0 | $0 |
| 2022 | $8,403 | $314,980 | $0 | $0 |
| 2021 | $8,261 | $305,810 | $0 | $0 |
| 2020 | $7,578 | $296,910 | $0 | $0 |
| 2019 | $7,299 | $288,270 | $0 | $0 |
| 2018 | $7,085 | $279,880 | $0 | $0 |
| 2017 | $6,790 | $271,730 | $0 | $0 |
| 2016 | $6,214 | $263,820 | $0 | $0 |
| 2015 | $6,051 | $256,140 | $0 | $0 |
| 2014 | $5,573 | $232,540 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Price Changed | $810,000 | +8.0% | $165 / Sq Ft |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | Price Changed | $750,000 | -6.3% | $153 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $800,000 | -5.9% | $163 / Sq Ft |
| 06/07/2025 06/07/25 | Price Changed | $850,000 | -2.9% | $173 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $875,000 | -5.4% | $178 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $925,000 | -1.1% | $188 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $935,000 | -4.1% | $190 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $975,000 | -- | $199 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $71,900 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 609391756
APN: R140697
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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