Bought with MORE Realty
$625,000
$625,000
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2,006 SqFt
SOLD DATE : 08/07/2026
Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $311
Subdivision Richmond/Hawthorne/Division
MLS Listing ID 640952244
Sold Date 08/07/26
HOA Y/N No
Year Built 1912
Annual Tax Amount $7,020
Tax Year 2024
Property Description
$74,000 Price Improvement! Opportunity, flexibility, and location come together in this vacant, legally divided 1912 duplex in SE Portland's coveted Richmond neighborhood. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or create a multi-generational living solution, this property gives you the freedom to choose your path. Located on a quiet cul-de-sac just blocks from Hawthorne and Division, the main-level home offers hardwood floors and classic bungalow charm, while the upper 1-bedroom unit features a private balcony. Shared 728 SF basement includes laundry and storage. Major updates include roof, sewer line, plumbing, electrical, drainage system with drywell, reinforced garage, exterior paint, and handrails. Large backyard offers additional possibilities (buyer to verify). Both units are vacant, allowing you to establish your own rents or move in immediately. Continue as a duplex or explore conversion to a single-family residence (buyer to verify). Property sold as-is.
Location
State OR
County Multnomah
Community Commons, Laundry
Area _143
Zoning R5
Rooms
Basement Exterior Entry, Unfinished
Interior
Heating Forced Air, Wall Furnace
Cooling None
Exterior
Garage Spaces 1.0
Community Features Commons, Laundry
Roof Type Composition
Garage No
Building
Lot Description Cul_de_sac, Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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