Estimated payment $4,409/month
Rare opportunity to own a property with unique charm and modern updates! Featuring an original wood-burning fireplace, this duplex was fully remodeled in 2020 and is move-in ready. Currently rented at $1,945 and $1,395 per month, it offers flexibility for multi-generational living or investment purposes. Each unit has its own entrance, appliances, and washer/dryer setup. Additionally, the property includes a separate studio that could be rented as a third unit for extra income. Located in the sought-after Concordia neighborhood, this property has an impressive 87 walk score and 98 bike score, making it a prime spot for city living. It’s within walking distance to New Seasons, McMenamins Kennedy School, coffee shops, restaurants, and the University of Oregon NE Portland campus. Situated on a corner lot with high-density RM1 zoning, the property also offers exciting future development potential. A standout feature is the fully assumable 30-year fixed loan with a low 3.375% interest rate and a current loan balance of approximately $675,000. The duplex has separate utility meters for 2 units. Buyer to verify all details. Don’t miss this versatile property with endless possibilities!
| 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 | $5,221 | $189,440 | $0 | $0 |
| 2022 | $4,911 | $183,930 | $0 | $0 |
| 2021 | $4,828 | $178,575 | $0 | $0 |
| 2020 | $5,522 | $147,800 | $0 | $0 |
| 2019 | $1,891 | $74,600 | $0 | $0 |
| 2018 | $3,530 | $139,330 | $0 | $0 |
| 2017 | $3,384 | $135,280 | $0 | $0 |
| 2016 | $3,097 | $131,340 | $0 | $0 |
| 2015 | $3,016 | $127,520 | $0 | $0 |
| 2014 | $2,970 | $123,810 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $719,500 | -1.4% | $375 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $729,900 | -2.0% | $381 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $745,000 | -1.8% | $388 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $759,000 | +3.5% | $396 / Sq Ft |
| 03/31/2022 03/31/22 | Sold | $733,500 | +1.2% | $382 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 11/22/2021 11/22/21 | For Sale | $724,999 | +105.5% | $378 / Sq Ft |
| 08/30/2019 08/30/19 | Sold | $352,800 | -5.9% | $184 / Sq Ft |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $375,000 | -- | $196 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $91,000 | Lawyers Title | |
| Warranty Deed | $733,500 | Lawyers Title | |
| Warranty Deed | $352,800 | Old Republic Title Co Of Or | |
| Quit Claim Deed | -- | Old Republic Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $375,000 | Ortc | |
| Interfamily Deed Transfer | -- | Fatco | |
| Warranty Deed | $249,000 | Western Title & Escrow Co | |
| Individual Deed | $97,900 | Transnation Title Insurance |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,956 | New Conventional | |
| Open | $720,213 | FHA | |
| Previous Owner | $369,800 | New Conventional | |
| Previous Owner | $365,013 | New Conventional | |
| Previous Owner | $328,000 | Commercial | |
| Previous Owner | $332,408 | Construction | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $199,200 | Purchase Money Mortgage | |
| Previous Owner | $90,100 | Stand Alone First | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $93,000 | No Value Available |
$795,000
NEW PRICE on this 4-plex investment property in great location on corner lot. DO NOT GO ON PROPERTY WITHOUT APPOINTMENT WITH REAL ESTATE BROKER. DO NOT DISTURB TENANTS.
Kris Cochran Cochran Property Group Inc.
$595,000
*** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available
Jason Kennedy RE/MAX Equity Group
$675,000
Charming Duplex with Bonus Basement Unit in the Heart of St. JohnsNestled in the vibrant St. Johns neighborhood, this versatile duplex presents a fantastic opportunity for both homeowners and investors. Each side of the duplex offers 1 spacious bedroom and 1 full bathroom, with light-filled, open-concept living areas that blend comfort and functionality—perfect for families, professionals, or
Rebecca Smith eXp Realty, LLC
$675,000
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
Nick Shivers Keller Williams PDX Central
$675,000
*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at
Jason Kennedy RE/MAX Equity Group
$825,000
Step into the heart of Portland’s beloved Alberta Arts District and discover a property unlike any other—a modern-day urban compound where creativity, community, and investment potential come together in a symphony of opportunity.With RM2-zoning, this extraordinary offering features a classic 1920s bungalow as the anchor residence, thoughtfully complemented by three stunning Scandinavian-inspired
Dori Olmsted Cascade Hasson Sotheby's International Realty
$798,800
Endless possibilities with this versatile, well-maintained, Mid-Century Modern duplex in the heart of the sought-after Beaumont-Wilshire village. Whether you're looking to live in one unit and rent the other, generate steady investment income or accommodate extended or multi-generation living, this property is a rare find in one of NE Portland’s most desirable communities.Sitting on a beautifully
William Gilliland Windermere Realty Trust
$699,000
Discover Your Dream Duplex in the Heart of Alberta Art District! This rare single-level duplex is an incredible cash-flow opportunity or the ideal multigenerational setup you’ve been searching for. Just steps away from a vibrant array of restaurants, trendy shops, food carts, parks, schools, and local culture, this location is unbeatable.This fully remodeled duplex truly checks every box. Each
Jessica Wang Brantley Christianson Real Estate
$797,500
Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer
Vanessa Calvert Cascade Hasson Sotheby's International Realty
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 480285401
APN: R307486
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