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Brian O Gass

brian.or@1realty.com +1(503) 459-8805

Listed by Premiere Property Group, LLC

$489,000

Est. payment - /mo

2,250 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $217

MLS Listing ID 147963252

HOA Y/N No

Year Built 1948

Annual Tax Amount $6,319

Lot Size 6,534 Sqft

Property Description

NE Portland duplex on a corner lot offering solid upside potential. Each unit features 2 bedrooms, 1 bath, and a full unfinished basement, providing additional storage or future flexibility.One unit is currently vacant and has been recently updated with fresh interior paint, new flooring, bathroom improvements, and new gas furnace—making it ready for immediate occupancy or lease-up. The second unit is occupied by a long-term tenant of 15 years at $1,100/month, below current market rent. Estimated market rent is approximately $1,750/month per unit (acording to attached Rent-o-meter report attached) presenting a clear opportunity for future income growth.Both units include updated double-pane vinyl windows and private fenced backyards. A detached two-car garage adds additional value and utility.Property is being sold as-is. Ideal opportunity for investors to add value or owner-occupants looking to offset their mortgage while building equity.

Location

State OR

County Multnomah

Area _142

Zoning R2A

Rooms

Basement Partially Finished

Interior

Heating Forced Air, Wall Heater

Cooling None

Exterior

Garage Spaces 2.0

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 Vestal

Middle Schools Harrison Park

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

Nearby School & Business

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Brian O Gass

+1(503) 459-8805

Principle Broker | License ID: 201235550

Principle Broker License ID: 201235550

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7020 NE HALSEY ST Portland, OR 97213

Brian O Gass

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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