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Listed by The Agency Portland
$515,000
Est. payment /mo
1,575 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $326
Subdivision St John'S
MLS Listing ID 622617488
Year Built 1957
Annual Tax Amount $5,417
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
Tucked inside the St. John's neighborhood, this is a rare set-it-and-forget-it duplex that pairs durable cash flow with true renter appeal. The property features two well-matched 2-bedroom / 1-bath units, each designed with vaulted ceilings and smart, efficient floor plans that live larger than the footprint. Both residences have the convenience of in-unit laundry, while also offering bright, comfortable interiors that support long-term occupancy. With reliable tenants already in place, this is a clean opportunity for an investor seeking immediate income and stability, or a future owner-occupant looking to offset a mortgage while holding a proven asset. Whether you're building a portfolio or securing a high-demand North Portland rental, this duplex delivers the right combination of layout, livability, and consistency – an income property that's easy to own and tough to replace.
Location
State OR
County Multnomah
Area _141
Zoning R-5
Rooms
Basement Crawl Space
Interior
Heating Wall Heater, Zoned
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools James John
Middle Schools George
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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