2115 NE 48th Ave Portland, OR 97213
Rose City Park NeighborhoodEstimated payment $3,473/month
Highlights
- Cooling Available
- Security Gate
- Wood Siding
- Rose City Park Elementary Rated 10
- Level Lot
- Heat Pump System
About This Home
Income property located near the heart of Hollywood. This duplex has many upgrades, including blown-in insulation, updated panels, heat pumps, triple-pane windows for most of the property, fresh paint upstairs, new range and fridge upper unit. Laundry room in basement has washer/dryer, w/d hook-up in upper-unit bathroom. Appliances are included. Hardwood floors in both units. Convenient to mass transit, Trader Joe's, Whole Foods, Hollywood Farmers Market, The Hollywood Theater and other local restaurants and cafes. Off-street parking, raised beds & storage shed. Buyer to verify square footage.
Listing Agent
Lancefield Realty Brokerage Email: chrislancefield@gmail.com License #961200057 Listed on: 03/01/2025
Co-Listing Agent
Keller Williams Realty Portland Elite Brokerage Email: chrislancefield@gmail.com License #201245031
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,652
Year Built
- Built in 1922 | Remodeled
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2,634 Sq Ft Home
- 2-Story Property
- Security Gate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Partial Basement
- Exterior Basement Entry
- Basement Storage
Parking
- 2 Parking Spaces
- Off-Street Parking
Schools
- Rose City Park Elementary School
- Roseway Heights Middle School
- Leodis Mcdaniel High School
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R259466
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $3,653
- Gross Income $22,200
- Net Operating Income $18,547
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 | $3,652 | $136,500 | -- | -- |
| 2023 | $3,652 | $132,530 | $0 | $0 |
| 2022 | $3,436 | $128,670 | $0 | $0 |
| 2021 | $3,378 | $124,930 | $0 | $0 |
| 2020 | $3,099 | $121,300 | $0 | $0 |
| 2019 | $3,077 | $117,770 | $0 | $0 |
| 2018 | $2,897 | $114,340 | $0 | $0 |
| 2017 | $2,777 | $111,010 | $0 | $0 |
| 2016 | $2,541 | $107,780 | $0 | $0 |
| 2015 | $2,475 | $104,650 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | Price Changed | $599,995 | -3.2% | $228 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $619,900 | -4.6% | $235 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $650,000 | -1.5% | $247 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $660,000 | -2.2% | $251 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $675,000 | -- | $256 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 207761157
APN: R259466
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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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