$659,000
UNDER CONTRACT

Estimated payment $4,484/month

Total Views 2,529
2 Beds
2 Baths
2,066 Sq Ft
$319 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Ainsworth Elementary School Rated A-
  • Property is near a bus stop
  • 3-minute walk to Lair Hill City Park

About This Home

This lovingly restored 1894 Victorian Queen Anne duplex, blends period charm with modern comfort and is the perfect potential owner occupier property. Featuring intricate millwork, stained glass, and inlaid wood floors, both units (each ~1,033 SF) offer 1 bed/1 bath, private laundries, off-street parking and quartz counter tops in the kitchens. A shared garden, deck, and patio enhance outdoor living. Located in Portland’s sought-after Corbett/Lair Hill district, this home is steps from PSU and OHSU campuses as well as parks, cafes, and transit, boasting a Walk Score of 80. Live in a piece of history while enjoying urban convenience. Please do not disturb the tenants.

Listing Agent

Dan Volkmer

Windermere Realty Trust License #780101749 Listed on: 03/19/2025

Windermere Realty Trust

Co-Listing Agent

Fritz Benz

Windermere Realty Trust License #201215756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,832

Year Built

  • Built in 1894

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R128891

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lair Hill/Corbett Subdivision
  • Property managed by Mainlander

Building Details

  • Operating Expense $31,254
  • Gross Income $35,287
  • Net Operating Income $4,033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,832

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Standard Status: ActiveUnderContract
  • MLS Status: BumpableBuyer
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1894
  • Property Condition: Restored
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 2
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: CornerLot, OnBusline
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Mainlander
  • Association: No

Schools

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

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R128891

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11831.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.68
  • Annual Gross Income: 35287.0
  • Property Net Operating Income: 4033.0
  • Annual Operating Expense: 31254.0

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
2023 $11,832 $429,750 $0 $0
2022 $11,131 $417,240 $0 $0
2021 $10,942 $405,090 $0 $0
2020 $10,038 $393,300 $0 $0
2019 $9,669 $381,850 $0 $0
2018 $9,384 $370,730 $0 $0
2017 $8,994 $359,940 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $659,000 0.0% $319 / Sq Ft
03/19/2025 03/19/25 For Sale $659,000 -- $319 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Warranty Deed $209,900 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,000 Purchase Money Mortgage
Previous Owner $167,900 Purchase Money Mortgage
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 111520945

Regional Multiple Listing Service (RMLS)

APN: R128891