INVESTMENT ALERT! Rare opportunity to restore one of just three charming Victorian homes on NE Ivy. Zoned RM1, this unique property includes FOUR separate living spaces: the main home with one bedroom and one bath, a walk-out lower-level one-bedroom apartment, a detached studio with full kitchen, bath, and loft bedroom,… Read More and an attached two-story casita with two bedrooms and one bath.Ready for renovation, this is an ideal sweat equity project for those wanting to live in one and rent the others, or create a four-unit investment property with long-term upside. Major updates include a new sewer line (2022), newer HVAC in the main house, and AC throughout.Just blocks from Irving Park, restaurants, cafés and shops, with easy bike access to downtown and the Pearl District. Historic character, multiple income opportunities, and plenty of upside in Portland's inner northeast. Read Less
Listing courtesy of ODonnell Group Realty.
Listing Snapshot
Days Online
5
Last Updated
Year Built
1900
MLS Number
307404529
30 Days Snapshot Of 97212
$894k
-7%
(avg) sold price
33
-2%
homes sold
24
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Built in 1900, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Cooling
Cooling: CentralAir, MiniSplit
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: ForcedAir
Lot
Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt
Property
Number Of Units Total: 10, Property Condition: Fixer, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,511, Legal Description
Unit One
Area: 818, Features: WasherDryer, WoodFloors, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Area: 800, Units Total: 2, 1 total bathroom, 1 total bedroom
Unit Three
Area: 400, Units Total: 3, 1 total bathroom, 1 total bedroom
Unit Four
Area: 800, Units Total: 4, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater
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