Price Reduction
Address
Not Disclosed, Portland, OR
Price
$ 565,000
Property Attributes
  • MLS#220224688
  • TypeMulti-Family
  • Listing Status Active
  • CountyMultnomah
  • CityPortland
  • AreaNot Applicable
  • Zip97206
  • StyleOther
  • Year Built1924
  • Taxes$ 4962
  • Price$ 565,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2760
  • Lot Size0.09 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

Charming 1924 Duplex in Foster-Powell. Offering classic character, solid bones, and excellent long-term rental stability. Each unit features 2 bedrooms and 1 bathroom, warm wood floors, a comfortable living area, and a functional kitchen layout. The property includes shared laundry and storage space in the basement. A nicely landscaped, fully fenced backyard provides outdoor enjoyment for tenants, and the separate studio offers exciting potential as a third unit, home office, or creative space. The exterior has recently been painted. With long-term tenants already in place, this is a fantastic chance for investors seeking steady income in one of SE Portland's most vibrant neighborhoods or opportunity for a new homeowner to supplement their mortgage with rental income.

Elementary School Middle School High School
Creston Elem Elementary School Hosford Middle Middle School Franklin High High School
Price History
7/6/2026 Listed $575,000
9/22/2026 2$565,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Other
Roof Composition
Architectural Style Other
Year Built 1924
Levels One
Property Subtype Duplex
Tax Year 2025
County Multnomah
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name N/A
Status Active
High School Franklin High
City Portland
Zoning Description R5
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3920.4
Elementary School Creston Elem
Tax Annual Amount 4962
Middle/Junior High School Hosford Middle
Additional Parcels Y/N false
Standard Status Active
Sewer_co_Public_sp_Sewer true
Utilities_co_Electricity_sp_Available true

Interior Features

Flooring Hardwood
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Heating-Forced Air true

Exterior Features

Parking Features Driveway
Water Source Public
Lot Size Area 0.09
Foundation Details Concrete Perimeter
Building Area Total 2760
Lot Size Acres 0.09

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97206

Price
AVG $1.14M
$570K
Taxes
AVG $6,569
$4,962
Year Built
AVG 1973
1924