$1,245,000

Estimated payment $7,702/month

Total Views 2,380
4 Beds
4 Baths
4,493 Sq Ft
$277 Price per Sq Ft

Highlights

  • City View
  • 1-minute walk to Nw 21St & Northrup
  • Forced Air Heating System
  • West Sylvan Middle School Rated A-
  • No HOA
  • Laundry Facilities

About This Home

This is one you don't want to miss! A very charming 4-plex with all the interiors designed by Jessica Helgerson. Nestled on a tree-lined street in NW Portland’s lively Slabtown neighborhood. Over the last six years, this historic gem has undergone more than $450,000 in upgrades, including a full tear-off roof in 2019, energy-efficient double-pane windows, and beautiful renovations in every unit. Inside, you’ll find custom marble and tile accents in all the kitchens and baths, range hoods with exterior venting, cozy breakfast nooks, and rich wood floors throughout. The updates respect the historic architecture while weaving in timeless elegance. Shared amenities include: a grand entry and handsome stairway to the upper level, a shared balcony offers a lovely spot to unwind, raised garden beds provide a delightful outdoor space and foster a feeling of community, basement with shared laundry, storage, back entry accesses all the units & basement, & on-site parking accommodates up to three vehicles. Centrally located in one of NW Portland’s most desirable neighborhoods, the property is just blocks from a diverse mix of shops, restaurants, the new public library, Good Samaritan Hospital, New Seasons Market, and the Portland Streetcar. One of the apartments is used by the owner and is not currently rented. This makes a large difference to the NOI and CAP rate. Please call agent for details.

Listing Agent

Debbie Thomas

Debbie Thomas Real Estate, Inc License #871000026 Listed on: 06/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,014

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • Level Lot

Property Views

  • City
  • Seasonal

Home Design

  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,493 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R141282

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Northwest District Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $26,934
  • Gross Income $64,260
  • Net Operating Income $37,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,014

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1925
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace, Unfinished
  • Storage: Basement
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: HardConcreteStucco
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City,Seasonal

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: AllLandscaping, Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: RM4
  • Parcel #: R141282

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11014.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 19.37
  • Annual Gross Income: 64260.0
  • Property Net Operating Income: 37426.0
  • Annual Operating Expense: 26934.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $10,591 $400,050 $0 $0
2022 $10,361 $388,400 $0 $0
2021 $10,186 $377,090 $0 $0
2020 $9,344 $366,110 $0 $0
2019 $9,000 $355,450 $0 $0
2018 $8,736 $345,100 $0 $0
2017 $8,372 $335,050 $0 $0
2016 $7,662 $325,300 $0 $0
2015 $7,461 $315,830 $0 $0
2014 -- $306,640 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $1,245,000 -- $277 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $792,500 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $241,500 Purchase Money Mortgage
Previous Owner $252,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in Portland, OR

  • 2122 NW Everett St, Portland, OR 97210

    $975,000

    • 4 Beds
    • 4 Baths
    • 4,756 Sq Ft
    • 2122 NW Everett St
    • Portland, OR

    Come explore this grand & versatile Queen Anne Victorian, to use as 3Plex or love it as a whole house! Attractive seller financing may be possible. Airbnb for 1 or more units may be allowed. Stunning "owner's unit" upstairs, over 1850 sq ft. Benefit from a lucrative rental income while living a vibrant urban lifestyle in the heart of exciting NW Portland. Located in a coveted area known for its

    Laurie Sonnenfeld Laurie Sonnenfeld Realty

    Section Image
  • 7303-7305 SE Madison St, Portland, OR 97215

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 3,768 Sq Ft
    • 7303-7305 SE Madison St
    • Portland, OR

    Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north

    Suzanne Clark Cascade Hasson Sotheby's International Realty

    Section Image
  • 2066 NW Overton St, Portland, OR 97209

    $980,000

    • 4 Beds
    • 4 Baths
    • 3,496 Sq Ft
    • 2066 NW Overton St
    • Portland, OR

    Prime NW Portland 4-Plex—On the pulse of NW 23rd Avenue’s electric scene—brimming with trendsetting cuisine, boutique shopping, and an unmistakable city vibe. This well-maintained 4-plex offers a rare chance to own an income-generating property in one of Portland’s most sought-after neighborhoods. Each unit offers hardwood floors, a cozy fireplace, and period details that exude timeless

    Lindsey Butler Keller Williams PDX Central

    Section Image
  • 821 NW 16th Ave, Portland, OR 97209

    $1,349,000

    • 5 Beds
    • 4 Baths
    • 5,088 Sq Ft
    • 821 NW 16th Ave
    • Portland, OR

    Amazing opportunity on this mixed-use classic in niche NW Portland Neighborhood zoned CM3! The property would be great used as a Live/Work space, duplex for residential or investment for both residential AND commercial. The main level is used as office space with great flow and both community space and private office. The upstairs apartment is light-filled and open with 4 bedrooms, 2 bathrooms

    Matt Williams Bison Properties

    Section Image
  • 2475 NW Raleigh St, Portland, OR 97210

    $1,395,000

    • 2 Beds
    • 3 Baths
    • 4,218 Sq Ft
    • 2475 NW Raleigh St
    • Portland, OR

    Great owner-operator/occupied option. Exceptional location! Walkability 10/10. Very low utility cost. Charming, single-level building. Each unit has a great layout and a home-like feeling. Wood floors throughout. Excellent tenants in place. Easy to rent. Low turnover rate. Wallace Park is across the street. Walk to restaurants, coffee, shops, grocery stores, schools and hospital. Seller is

    Reese Iris Windermere Realty Trust

    Section Image
  • 1635 NW 25th Ave, Portland, OR 97210

    $1,250,000

    • 4 Beds
    • 7 Baths
    • 4,392 Sq Ft
    • 1635 NW 25th Ave
    • Portland, OR

    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,

    Steve Odermann Windermere Realty Trust

    Section Image
  • 2664 NW Savier St, Portland, OR 97210

    $1,100,000

    • 4 Beds
    • 3 Baths
    • 4,144 Sq Ft
    • 2664 NW Savier St
    • Portland, OR

    Responsibly maintained, owner -occupied duplex. One side has vintage charm with hardwood floors, a wood-burning fireplace, sconces, and plenty of windows amazing light-filled rooms. Spacious 2-bedroom and 1 bath with full basement, shop space and front porch. The other unit has been sophistically remodeled with a gorgeous kitchen featuring high-end appliances, cabinetry, exceptional tile work

    Dianne Hagan Premiere Property Group, LLC

    Section Image
  • 2417-2419 SW Montgomery Dr, Portland, OR 97201

    $1,295,000

    • 5 Beds
    • 4 Baths
    • 4,505 Sq Ft
    • 2417-2419 SW Montgomery Dr
    • Portland, OR

    Exceptional duplex in the heart of Portland Heights. 2417 features 2 bedrooms and 2 full bathrooms while 2419 enjoys 3 bedrooms and 1 full 1 half bathrooms. This residence offers the rare advantage of two separate spaces. The main level unit offers single level living with high-end finishes and incredible indoor outdoor flow. The lower level currently produces $36,000 in income and enjoys a

    Macey Laurick Windermere Realty Trust

    Section Image
  • 2845 NE Martin Luther King Junior Blvd, Portland, OR 97212

    $1,525,000

    • 6 Beds
    • 7 Baths
    • 2845 NE Martin Luther King Junior Blvd
    • Portland, OR

    This well maintained and professionally managed 6 plex with commercial street front just became available! Located in the sought after Elliot, this property features all one-bedroom units. Four of the six have vaulted ceilings. Two are upstairs with huge decks, large soaking tubs, separate shower and walk-in closets. All have in unit laundrys and air conditioning. This property provides diverse

    Eric Lincoln MORE Realty

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 154258605

Regional Multiple Listing Service (RMLS)

APN: R141282