$1,200,000

Estimated payment $7,359/month

Total Views 4,356
6 Beds
3 Baths
5,178 Sq Ft
$232 Price per Sq Ft

Highlights

  • Seasonal View
  • Forced Air Heating System
  • Wood Siding
  • Abernethy Elementary School Rated 10
  • Laundry Facilities
  • 2-minute walk to Ladd Circle Park

About This Home

Nestled in the heart of Portland’s beloved Ladd’s Addition Historic District, this stately 1912 Craftsman duplex offers over 5,000 square feet of timeless charm and flexible living space. Located on a wide, tree-lined street surrounded by architecturally significant homes, this property is just blocks from the vibrant cafes, restaurants, and shops of Hawthorne and Division Streets, and steps from Abernethy Elementary and Ladd Circle Park.The bright and spacious upper unit spans the top two floors, offering five bedrooms, two full bathrooms, and a treehouse-like perch above the neighborhood. The upper unit also includes an open living and dining area, two bedrooms, a full bath with clawfoot tub, and a well-appointed kitchen. A covered east-facing sleeping porch provides a peaceful retreat with year-round views. On the top floor you’ll find three more bedrooms—including one with a cozy sleeping loft and another with soaring cathedral ceilings and a chandelier—plus a second full bath with a spa-style shower. Fresh paint, newly refinished oak floors, and original Craftsman details like wainscoting, built-ins, period light fixtures, and trim elevate the historic character.The ground floor unit is a generous one-bedroom apartment with formal living and dining rooms, a fireplace, wood floors, large kitchen with built-ins, and an oversized bedroom with vintage bathroom finishes.A full-height shared basement includes a washer/dryer, abundant storage, and a separate exterior entry—offering future potential. A large covered front porch invites community and connection, while the sun-soaked backyard features established planting beds ready for gardening or outdoor relaxation.This is a rare opportunity to own a piece of Portland history in one of its most treasured neighborhoods—whether as an owner-occupied duplex, multigenerational home, or investment property.

Listing Agent

Hope Beraka

Think Real Estate License #200603056 Listed on: 07/07/2025

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,178 Sq Ft Home
  • 3-Story Property
  • Seasonal Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Parking

  • 1 Parking Space
  • Driveway

Schools

  • Abernethy Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R200113

Community Details

Overview

  • 2 Units
  • Ladds Addition Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $16,000
  • Gross Income $69,540
  • Net Operating Income $53,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1912
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement
  • Storage: Basement
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R200113

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11594.17

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.26
  • Annual Gross Income: 69540.0
  • Property Net Operating Income: 53540.0
  • Annual Operating Expense: 16000.0

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
2024 $11,594 $433,340 -- --
2023 $11,149 $420,720 $0 $0
2022 $10,907 $408,470 $0 $0
2021 $10,723 $396,580 $0 $0
2020 $9,836 $385,030 $0 $0
2019 $9,475 $373,820 $0 $0
2018 $9,196 $362,940 $0 $0
2017 $8,814 $352,370 $0 $0
2016 $8,066 $342,110 $0 $0
2015 $7,854 $332,150 $0 $0
2014 $7,736 $322,480 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,200,000 -- $232 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $849,000 Fidelity Natl Title Co Of Or
Corporate Deed $340,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $533,850 New Conventional
Previous Owner $362,794 New Conventional
Previous Owner $395,000 Unknown
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 599932442

Regional Multiple Listing Service (RMLS)

APN: R200113