Bought with Windermere Realty Trust
$434,000
$450,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,863 SqFt
SOLD DATE : 05/14/2025
Key Details
Sold Price $434,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,863 sqft
Price per Sqft $232
MLS Listing ID 777109183
Sold Date 05/14/25
Year Built 1968
Annual Tax Amount $6,370
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Fantastic Income Opportunity in Prime Melrose Location!This charming corner-lot duplex offers excellent rental potential with two spacious units—one currently occupied. Each unit features a cozy living room with a classic brick fireplace and sliding doors that open to the fenced yard, creating seamless indoor-outdoor living. Adjacent dining areas with bay windows bring in natural light, while the kitchens are equipped with a dishwasher, range, and refrigerator. Both units include 2 bedrooms, a full bathroom with tub/shower combo, and private access to a basement with washer and dryer. Enjoy the outdoors under a covered patio surrounded by mature shade trees. Nestled in the desirable Melrose neighborhood with exceptional walk and bike scores, close to public transit, parks, schools, shopping, dining, and major medical centers (Providence & Adventist). A smart investment with built-in income and prime location appeal!
Location
State OR
County Multnomah
Area _142
Zoning RM2
Rooms
Basement Partially Finished
Interior
Heating Other
Exterior
Garage Spaces 2.0
Roof Type Shingle
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Glencoe
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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