Charming 1948 duplex in the desirable Vernon neighborhood, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms located on the main floor. Each unit features 800 sq ft of living space, with a partially finished basement providing ample storage or potential for expansion. Situated on a 5,000 sq ft lot, the property includes a built-in garage and off-street parking. Conveniently located near Alberta Arts District, with easy access to shops, restaurants, and public transportation. Ideal for investors or owner-occupants seeking rental income.
Keller Williams Premier PartnersBrokerage Email: jacqueline@evergreenrealestatepartners.comLicense #201216587
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,139
Year Built
Built in 1948
Lot Details
5,227 Sq Ft Lot
Parking
2 Car Garage
Driveway
Home Design
Shingle Roof
Composition Roof
Concrete Perimeter Foundation
Wood Composite
Interior Spaces
1,600 Sq Ft Home
2-Story Property
Partial Basement
Bedrooms and Bathrooms
2 Bedrooms
1 Bathroom
Schools
Vernon Elementary And Middle School
Jefferson High School
Utilities
No Cooling
Forced Air Heating System
Heating System Uses Gas
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R125477
Community Details
Overview
2 Units
Vernon Subdivision
Building Details
Operating Expense $11,239
Gross Income $19,440
Net Operating Income $8,201
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,139
Year Built
Built in 1948
Lot Details
0
Parking
2
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1948
Property Condition: Approximately
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: PartialBasement
Storage: Garage
Total Bedrooms: 2
Lot Size Range: SqFt5000to6999
Exterior Features
Exterior Description: WoodComposite
Lot Size: 5,000 to 6,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Road Surface Type: Paved
Roof: Composition, Shingle
Garage/Parking
Parking Description: Driveway
Attached Garage: No
Garage Spaces: 2.0
Total Parking Spaces: 2.0
Utilities
Fuel Description: Gas
Hot Water: Electricity
Cooling Y N: No
Heating: ForcedAir
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Vernon
High School: Jefferson
Middle Or Junior School: Vernon
Lot Info
Zoning: RM2
Lot Size Acres: 0.12
Lot Size Sq Ft: 5227.0
Parcel #: R125477
Green Features
Green Certification: No
Rental Info
Rent Includes: None
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 3138.92
Tax Opportunity Zone: No
Multi Family
Unit Type: UnitTypeType1
Number Of Units Total: 2
Gross Rent Multiplier: 32.92
Annual Gross Income: 19440.0
Property Net Operating Income: 8201.0
Annual Operating Expense: 11239.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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.
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This home is located at 5420 NE 13th Ave, Portland, OR 97211 and is currently priced at $640,000, approximately $400 per square foot. This property was built in 1948. 5420 NE 13th Ave is a home located in Multnomah County with nearby schools including Vernon Elementary School, Jefferson High School, and Leodis V. McDaniel High School.
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