$699,900
$35K PRICE DROP

Estimated payment $4,450/month

Total Views 4,530
3 Beds
3 Baths
2,517 Sq Ft
$278 Price per Sq Ft

Highlights

  • Popular Property
  • No HOA
  • Forced Air Heating and Cooling System
  • U.S. Grant High School Rated A
  • Property is near a bus stop
  • 1-minute walk to Coe Circle

About This Home

Discover this impressive English-style duplex, a true gem nestled in highly sought-after Laurelhurst, offering effortless access to all of Portland's best. The main level unit exudes timeless elegance with its desirable circular floor plan and gleaming hardwood floors. Entertain in the expansive living room, where coved ceilings, picture rails, and an artisan-tiled wood-burning fireplace create a sophisticated ambiance. A formal dining room with charming built-ins leads to an eat-in kitchen, thoughtfully updated with butcher block counters, farmhouse sink, and dishwasher. Classic bathrooms feature iconic hex and subway tile, while the main bedroom boasts a wall of windows and direct access to a private back deck and yard. The lower level extends the living space with laundry facilities, a second bedroom, and convenient garage access offering ample storage. Upstairs, the fully self-contained 1 bedroom unit captivates with an open, airy feel, vaulted ceilings, and period correct windows, plus a delightful office nook. It offers private outside entry, or can be accessed from within the main unit for flexible use. Both units benefit from recent updates, including kitchens, bathrooms, stucco, paint, roof, and heat pump(A/C!) This is a remarkable opportunity for an owner-occupant seeking rental income, a savvy investor, or those envisioning comfortable multigenerational living. Welcome in!

Listing Agent

Vincent Onstad

Premiere Property Group, LLC License #200609243 Listed on: 07/10/2025

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Laurelhurst Elementary And Middle School
  • Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R203500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Laurelhurst Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $45,600
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,018

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1927
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, StorageSpace
  • Storage: Basement
  • Total Bedrooms: 3
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas,Tank
  • Security: Sidewalk
  • Cooling: CentralAir, HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir
  • Association: No

Schools

  • Elementary School: Laurelhurst
  • High School: Grant
  • Middle Or Junior School: Laurelhurst

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.09
  • Lot Size: irregular
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R203500

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7017.68

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.35
  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 35000.0
  • Annual Operating Expense: 10000.0

Map

Range of Values:

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Average Value
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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 $7,018 $254,660 $0 $0
2022 $6,602 $247,250 $0 $0
2021 $6,490 $240,050 $0 $0
2020 $5,954 $233,060 $0 $0
2019 $5,735 $226,280 $0 $0
2018 $5,567 $219,690 $0 $0
2017 $5,335 $213,300 $0 $0
2016 $4,883 $207,090 $0 $0
2015 $4,755 $201,060 $0 $0
2014 $4,683 $195,210 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $699,900 -4.8% $278 / Sq Ft
07/10/2025 07/10/25 For Sale $735,000 -- $292 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- Wfg Title
Warranty Deed $260,000 First American
Warranty Deed -- None Available
Warranty Deed $185,000 Fidelity National Title Co
Warranty Deed $207,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Previous Owner $180,000 Seller Take Back
Previous Owner $166,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 395607176

Regional Multiple Listing Service (RMLS)

APN: R203500