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About the Listing ELRE01 - DAVIESLE,HARPERBR
Charming NE Portland duplex in the heart of the Multnomah/Lloyd District, offering both steady cash flow and an easy place to call home. Two spacious 3-bed/2-bath townhome-style units (approx. 1,200 sq. ft. each) feature in-unit washer/dryer, dishwasher, full kitchens, and functional layouts that live like single-family homes. Six off-street paved parking spaces and a level 3,924 sq. ft. R2.5 lot provide rare convenience and future flexibility in a close-in location.Investors will appreciate the 100% occupancy, stable tenant base, and “as-is” leased fee valuation of $400,000, supported by professional appraisal, in a submarket with strong incomes and ongoing demand for multifamily housing. With no known deferred major capital items and average overall condition, this is a straightforward hold with room to push rents over time.Owner-occupants and house-hackers can live in one 3-bedroom unit and offset expenses with rent from the other, all while enjoying quick access to I-84, TriMet, Lloyd Center, Fred Meyer, Providence Medical Center, and downtown Portland. The walkable, amenity-rich neighborhood, city utilities, and legal conforming zoning that allows duplex, triplex, fourplex, and multi-dwelling structures make this a rare opportunity to own versatile housing in a prime close-in location.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: R2.5
- Roof: Composition,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Open,Paved
Financial Details
- Tax Amount: $6,774
- Taxes w/Assessments: N/A
- Tax/Property ID: R181998
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2522 NE Multnomah St Portland, OR 97232
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