Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
Last Agent to Sell the Property
Windermere Realty Trust Brokerage Phone: 503-860-2805 License #200205463 Listed on: 11/14/2024
$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
*** 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
$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
$450,000
Incredible investment opportunity in SE Portland! This beautifully maintained duplex offers two spacious 2-bedroom, 1-bath units, each featuring hardwood floors, cozy fireplaces, and updated kitchens with all appliances included. Recent upgrades include fresh interior paint, all new windows, new roof, and added new insulation and in both the attic and crawlspace for energy efficiency. Crawl space
Nick Shivers Keller Williams PDX Central
$450,000
Incredible investment opportunity in SE Portland! This beautifully maintained duplex offers two spacious 2-bedroom, 1-bath units, each featuring hardwood floors, cozy fireplaces, and updated kitchens with all appliances included. Recent upgrades include fresh interior paint, all new windows, new roof, and added new insulation and in both the attic and crawlspace for energy efficiency. Crawl space
Nick Shivers Keller Williams PDX Central
$619,900
Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for
Wally Tesfa Acquire Properties
$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
$519,000
LOCATION! LOCATION! Washington County Taxes! Formally operating Duplex with 3 Bedrooms & 3 Full Baths (2 bedroom, 2 full bath with W/D hookups upstairs & Lower level is plumbed for kitchenette with 1 bedroom & 1 full bath with W/D in garage). Easy conversion if you would like to own a live in home with full ADU below. Or live as a 3 bedroom + 3 full bath. Recent home inspection on file. Roof &
Jodi Huot Soldera Properties, Inc
$539,900
Completely and tastefully remodeled duplex in a prime location. Both units are light & bright. Property updates include: new roof, paint in and out, upgraded electrical panels & meters, refinished hardwood floors and much more. Unit #5530: 2 bedrooms with hardwood floors, new kitchen cabinets & counters & appliances including washer/dryer combo, updated bathroom and a covered front porch. Unit
Ben Andrews MORE Realty
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $542,500 | Lawyers Title | |
| Warranty Deed | $450,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Personal Reps Deed | $91,500 | First American Title Ins Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $488,250 | New Conventional | |
| Previous Owner | $337,500 | New Conventional | |
| Previous Owner | $136,850 | New Conventional | |
| Previous Owner | $160,000 | Purchase Money Mortgage | |
| Previous Owner | $138,200 | FHA |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $542,500 | -4.7% | $312 / Sq Ft |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 06/01/2025 06/01/25 | For Sale | $569,000 | +4.9% | $327 / Sq Ft |
| 06/01/2025 06/01/25 | Off Market | $542,500 | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $569,000 | -- | $327 / Sq Ft |
| 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 | $5,188 | $193,900 | -- | -- |
| 2023 | $5,188 | $188,260 | $0 | $0 |
| 2022 | $4,881 | $182,780 | $0 | $0 |
| 2021 | $4,798 | $177,460 | $0 | $0 |
| 2020 | $4,402 | $172,300 | $0 | $0 |
| 2019 | $4,240 | $167,290 | $0 | $0 |
| 2018 | $4,115 | $162,420 | $0 | $0 |
| 2017 | $3,944 | $157,690 | $0 | $0 |
| 2016 | $3,610 | $153,100 | $0 | $0 |
| 2015 | $3,515 | $148,650 | $0 | $0 |
| 2014 | $3,462 | $144,330 | $0 | $0 |
Seller's Agent in 2025
Joe Spanish
Windermere Realty Trust
(503) 860-2805
1 in this area
113 Total Sales
Buyer's Agent in 2025
Claudia Pobanz
Silver Key Real Estate LLC
(503) 799-7107
3 in this area
143 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24178076
APN: R130627
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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.