Bought with RE/MAX Equity Group
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,976 sqft
Price per Sqft $264
Subdivision Nw District
MLS Listing ID 23162681
Sold Date 04/16/24
Year Built 1900
Annual Tax Amount $12,000
Tax Year 2023
Property Description
Amazing investment opportunity and/or owner occupied 4-plex right in the heart of the NW District, one of Portland's most desirable neighborhoods! This meticulously maintained property includes a beautifully updated and restored 1900 Victorian duplex with an additional duplex behind built in 2003. The vintage Victorian duplex includes units 1915 (on the main + basement) and an upper unit 1919. Unit 1915 was recently updated with a new kitchen, bath & bamboo flooring, new gas stove & appliances, central heat & A/C, and a full unfinished basement with laundry & lots of storage. The upper unit 1919 has 2 bdrms, 1 ba, washer/dryer, skylights, zonal heating, and a deck patio that overlooks the courtyard. The duplex in back includes units 1923 and 1927. Each has 1 bdrm, 1 ba, zonal heating, plus in-unit washer & dryers. The lot is adjacent to a similar 4-plex that is also listed @1905-1917 NW Northrup St. (see RMLS #23229120). While these two 4-plexes can be sold separately, one buyer could purchase both as these two 4-plexes have functioned and been managed like an 8-plex. All financial info provided is approximate. All tenants share a paved walkway between the lots that leads to a charming private courtyard garden oasis with a fruit bearing apple tree. They also have locked storage, a bike shed and garbage bins behind unit 1905. This property is just steps away from NW 23rd Ave, the popular Pearl District, numerous restaurants, shopping, coffee shops, public transport, hospital, top rated schools, public library, Forest Park and Wallace Park. Walk Score 95, Bike Score 98. Please do not disturb the tenants!
Location
State OR
County Multnomah
Community Commons
Area _148
Zoning CM3
Rooms
Basement Full Basement, Storage Space, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Exterior
Community Features Commons
Roof Type Other
Parking Type None
Garage No
Building
Lot Description Level, Street Car
Story 3
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Chapman
Middle Schools West Sylvan
High Schools Lincoln
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764