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Listed by Real Broker • 503-490-4888
$549,000
Est. payment /mo
2,970 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $184
Subdivision Powellhurst - Gilbert
MLS Listing ID 368268886
HOA Y/N No
Year Built 1910
Annual Tax Amount $6,201
Lot Size 5,227 Sqft
Property Description
Live in one unit and rent the other! This move-in-ready Portland duplex offers approximately $4,800 per month in rental potential,This home has rental potential, creating a rare opportunity for house hackers, multigenerational households, investors, or buyers seeking a built-in mortgage helper. Whether you're looking for an owner-occupied investment, dual living arrangement, or income-producing property, this versatile home offers multiple paths to homeownership and wealth building. Extensively updated for peace of mind, the property features a new roof (2023), new Goodman heat pump and air handler (2024), updated 200-amp electrical service with all new wiring, and new ABS and PEX plumbing throughout. Inside, you'll find bright, inviting living spaces with updated flooring, remodeled kitchens and bathrooms, quartz countertops, new cabinetry, and modern appliances. The north unit offers a spacious 4-bedrooms, 2-full bathrooms, layout has a main-level primary suite featuring a large walk-in closet, pantry storage & basement w/ exterior door. The 4-bedroom side has rental potential of approximately $3,000 per month. South unit features 2 bedrooms, 1 bath, great room w/ living room, kitchen, dining and flex space. Previously rented for approximately $1,800 per month, it provides excellent rental income, separate living quarters for extended family, guest accommodations, or a work-from-home opportunity. Two separate front entrances create flexibility for dual living, multigenerational living, remote work, or traditional rental arrangements. The spacious basement provides valuable storage space rarely found in similar properties, while ample off-street parking offers convenience for owners, tenants, and guests. Outside, enjoy fruit trees, a fenced yard, and room for gardening or outdoor enjoyment. Conveniently located near PCC Southeast Campus, shopping, restaurants, grocery stores, public transportation, and I-205, this property combines accessibility. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10205282]
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Partial Basement, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Harrison Park
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby School & Business
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