Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
Listing Provided Courtesy of Joe Spanish, Windermere Realty Trust
General Information
24178076
204
DOM
3
3
2458
1884
RM2
Multnomah
R130627
Laurelhurst
Laurelhurst
Grant
MultiFamily
CENTER ADD, BLOCK 4, LOT 3 EXC PT IN ST
Listing Provided Courtesy of Joe Spanish, Windermere Realty Trust
Krishna Realty data last checked: Jun 06, 2025 07:06 | Listing last modified Jun 06, 2025 02:19,
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Residence Information
2458
3
3
Assigned
2
1884
No
ShingleSiding
FullBasement
FullBasement
Block,ConcretePerime
Features and Utilities
Gas
ForcedAir
PublicSewer
Gas
Gas
Financial
5187.87
Gas,Sewer,TrashCollection,Water
Cash,Conventional
11-14-2024
No
No
Comparable Information
204
204
Cash,Conventional
$569,000
$569,000
Jun 06, 2025 02:19
Schools
Elementary : LaurelhurstN/ARatings Middle : Laurelhurst N/ARatings High : GrantN/ARatings
Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
