$549,900 Price Analysis    ♡   Portland, OR 97220 6 bed 3 bath 1,750 SqFt ($314/SqFt) Built 1967 Listed 2023-11-10, Taxes $4,947 | Ⓧ USDA Ineligible due to location near Portland |
Welcome to this meticulously maintained classic 1967 duplex nestled in the charming Parkrose area.
This one-level gem exudes timeless mid-century charm and boasts a perfect blend of classic features and modern conveniences. Each unit is thoughtfully designed, offering two bedrooms and one bath, providing comfortable living spaces that stand the test of time.As you step into these well-preserved units, you'll be greeted by the warmth of a classic fireplace, creating a cozy ambiance that invites relaxation on chilly evenings. The mid-century features, carefully preserved over the years, add character and a touch of nostalgia to the interior.Enjoy the outdoors in style with your own private patio and backyard, offering a serene retreat for outdoor gatherings, morning coffee or a peaceful evening under the stars. The well-manicured landscaping enhances the curb appeal and adds to the overall inviting atmosphre of the property.For convenience and security, each unit comes equipped wi th a single-car garage, providing parking or additional storage space.
The off-street parking and RV parking options ensure that you and your guests will always have plenty of space.This duplex is not a home; it's a strategic investment. With fantastic access to transit and freeways, commuting becomes a breeze. Explore the vibrant local community or venture into the city with ease, knowing that you have convenient transportation options at your fingertips.For those with a vision for expansion, the property offers the potential to build more units. However, interested buyers should verify the feasibility of such plans, ensuring that any future development aligns with their goals and meets local regulations.In summary, this classic 1967 duplex in the Parkrose area is a rare find, combining the best of vintage charm with modern functionality. Whether you're looking for a comfortable home with investment potential or a property with expansion possibilities, this property is versatile.
Presented by Kevin Smallbeck at
RE/MAX Equity Group - Portland Metro.
Property MLS #23133185 from RMLS
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity
High School: Parkrose
Middle School: Parkrose
Map directions Map directions Map directions Map directionsGross Scheduled Income: 36900
Rent Includes: Heat
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Annual Tax Amount: 5046.270000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.71
Directions: 102nd ave to East on Morris ct to address
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: PARKROSE HEIGHTS
Parcel Number: R318799
Subdivision: PARKROSE HEIGHTS
Zoning: R2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $219,370 | $4,947 |
| 2021 | $unknown + $unknown $212,990 | $4,864 |
| 2020 | $unknown + $unknown $206,790 | $4,515 |
| 2019 | $unknown + $unknown $200,770 | $4,273 |
| 2018 | $unknown + $unknown $194,930 | $4,128 |
| 2017 | $unknown + $unknown $189,260 | $3,978 |
| 2016 | $unknown + $unknown $183,750 | $3,710 |
| 2015 | $unknown + $unknown $178,400 | $3,393 |
| 2014 | $unknown + $unknown $173,210 | $3,292 |
| 2013 | $unknown + $unknown $168,170 | $3,019 |
| 2012 | $unknown + $unknown $161,840 | $2,719 |
| 2011 | $unknown + $unknown $163,280 | $2,708 |
| 2010 | $unknown + $unknown $163,020 | $3,144 |
| 2009 | $unknown + $unknown $158,280 | $3,263 |
| 2008 | $unknown + $unknown $153,670 | $3,163 |
| 2007 | $unknown + $unknown $149,200 | $3,161 |
$549,900
RMLS
Price Changed 2024-01-20
$599,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-10
$599,000
RMLS
Listing removed 2015-10-09
$1,250
Appfolio
Listed for rent 2015-10-08
$1,250
Appfolio
Operating Expense: 8736
Building Area Total: 1750
Building Exterior Type: LapSiding
Property Age: 57
Property Condition: Existing
Levels or Stories: 1
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.