Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
23
Photos
3
beds
2
baths
1,838
sqft
Built in
1884
Step into Portland's past with this impeccably preserved 1884 duplex?a unique opportunity to own a piece of history while enjoying modern comforts. This property lives like a home with an ADU in the basement, offering flexibility for multi-generational living or rental income if you want to occupy. Professionally managed for a hassle-free experience, the duplex boasts 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 5%, 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. Currently only the upstairs unit is rented and that income will shave thousands of dollars off your mortgage payment each month if you live in the basement unit!
Features & Amenities
Interior
- General:
- Separate living quarters apartment aux living unit
- Basement:
- Exterior entry, Finished, Separate living quarters apartment aux living unit
- Heating:
- Forced air
Exterior
- General:
- Shingle siding
- Style:
- Other
- Parking:
- Off street, Parking spaces: 0
Construction
- General:
- Block, Concrete perimeter
Location
- Road/Access:
- Concrete
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Multnomah
Lot
- Zoning:
- RM2, CENTER ADD, BLOCK 4, LOT 3 EXC PT IN ST, R130627
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
Windermere Realty Trust, Joe Spanish
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Portland, OR
Housing
- Number of Units
- 428,822
- Median Home Value
- $473,531
- Median Rent
- $1,251
43.72% of housing units are renter occupied.
5.89% are vacant.
Commute
- Car
-
46.63%
- Public Transportation
-
6.64%
- Walk to Work
-
3.11%
- Work from Home
-
40.47%
- Other
-
0.60%
The median travel time to work is 17 minutes.
People
- Population
- 933,432
- Median Age
- 38.50
- Median Household Size
- 2.55
Education
- High School
-
15.24%
- Associate’s Degree
-
6.78%
- Bachelor’s Degree
-
30.17%
- Graduate Degree
-
20.64%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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