$1,200,000

Estimated payment $7,593/month

Total Views 731
6 Beds
3 Baths
5,178 Sq Ft
$232 Price per Sq Ft

Highlights

  • Seasonal View
  • Forced Air Heating System
  • Wood Siding
  • Abernethy Elementary School Rated 10
  • Laundry Facilities
  • 2-minute walk to Ladd Circle Park

About This Home

Nestled in the heart of Portland’s beloved Ladd’s Addition Historic District, this stately 1912 Craftsman duplex offers over 5,000 square feet of timeless charm and flexible living space. Located on a wide, tree-lined street surrounded by architecturally significant homes, this property is just blocks from the vibrant cafes, restaurants, and shops of Hawthorne and Division Streets, and steps from Abernethy Elementary and Ladd Circle Park.The bright and spacious upper unit spans the top two floors, offering five bedrooms, two full bathrooms, and a treehouse-like perch above the neighborhood. The upper unit also includes an open living and dining area, two bedrooms, a full bath with clawfoot tub, and a well-appointed kitchen. A covered east-facing sleeping porch provides a peaceful retreat with year-round views. On the top floor you’ll find three more bedrooms—including one with a cozy sleeping loft and another with soaring cathedral ceilings and a chandelier—plus a second full bath with a spa-style shower. Fresh paint, newly refinished oak floors, and original Craftsman details like wainscoting, built-ins, period light fixtures, and trim elevate the historic character.The ground floor unit is a generous one-bedroom apartment with formal living and dining rooms, a fireplace, wood floors, large kitchen with built-ins, and an oversized bedroom with vintage bathroom finishes.A full-height shared basement includes a washer/dryer, abundant storage, and a separate exterior entry—offering future potential. A large covered front porch invites community and connection, while the sun-soaked backyard features established planting beds ready for gardening or outdoor relaxation.This is a rare opportunity to own a piece of Portland history in one of its most treasured neighborhoods—whether as an owner-occupied duplex, multigenerational home, or investment property.

Listing Agent

Hope Beraka

Think Real Estate License #200603056 Listed on: 07/07/2025

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,178 Sq Ft Home
  • 3-Story Property
  • Seasonal Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 1 Parking Space
  • Driveway

Schools

  • Abernethy Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R200113

Community Details

Overview

  • 2 Units
  • Ladds Addition Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $16,000
  • Gross Income $69,540
  • Net Operating Income $53,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1912
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: ExteriorEntry, FullBasement
  • Storage: Basement
  • Total Bedrooms: 6
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R200113

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11594.17

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.26
  • Annual Gross Income: 69540.0
  • Property Net Operating Income: 53540.0
  • Annual Operating Expense: 16000.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $11,149 $420,720 $0 $0
2022 $10,907 $408,470 $0 $0
2021 $10,723 $396,580 $0 $0
2020 $9,836 $385,030 $0 $0
2019 $9,475 $373,820 $0 $0
2018 $9,196 $362,940 $0 $0
2017 $8,814 $352,370 $0 $0
2016 $8,066 $342,110 $0 $0
2015 $7,854 $332,150 $0 $0
2014 $7,736 $322,480 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,200,000 -- $232 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $849,000 Fidelity Natl Title Co Of Or
Corporate Deed $340,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $533,850 New Conventional
Previous Owner $362,794 New Conventional
Previous Owner $395,000 Unknown
Source: Public Records

Similar Homes in Portland, OR

  • 2312 SE Madison St, Portland, OR 97214

    $1,095,000

    • 6 Beds
    • 5 Baths
    • 3,414 Sq Ft
    • 2312 SE Madison St
    • Portland, OR

    LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves

    Merilee Lloyd Mal & Seitz

    Section Image
  • 2122 NW Everett St, Portland, OR 97210

    $975,000

    • 4 Beds
    • 4 Baths
    • 4,756 Sq Ft
    • 2122 NW Everett St
    • Portland, OR

    OPEN Sun 7/13 1-3pm! Come explore this grand & versatile Queen Anne Victorian, to use as 3Plex or love it as a whole house! Attractive seller financing may be possible. Airbnb for 1 or more units may be allowed. Stunning "owner's unit" upstairs, over 1850 sq ft. Benefit from a lucrative rental income while living a vibrant urban lifestyle in the heart of exciting NW Portland. Located in a coveted

    Laurie Sonnenfeld Laurie Sonnenfeld Realty

    Section Image
  • 7303-7305 SE Madison St, Portland, OR 97215

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 3,768 Sq Ft
    • 7303-7305 SE Madison St
    • Portland, OR

    Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north

    Suzanne Clark Cascade Hasson Sotheby's International Realty

    Section Image
  • 1408 SE 22nd Ave, Portland, OR 97214

    $1,400,000

    • 7 Beds
    • 7 Baths
    • 6,178 Sq Ft
    • 1408 SE 22nd Ave
    • Portland, OR

    This seven-unit multifamily property is located at the corner of SE 22nd and Madison in Portland’s highly desirable Buckman neighborhood. Built in 1904, this classic eastside building offers spacious one-bedroom units, each approximately 600 square feet, featuring hardwood floors, gas ranges, and abundant natural light.The property includes on-site laundry, a full basement with storage, and

    Benjamin Ficker Keller Williams Sunset Corridor

    Section Image
  • 1616 SE Morrison St, Portland, OR 97214

    $1,329,900

    • 4 Beds
    • 6 Baths
    • 1616 SE Morrison St
    • Portland, OR

    Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural

    Darryl Bodle Keller Williams Realty Portland Premiere

    Section Image
  • 3324 SE 24th Ave, Portland, OR 97202

    $1,195,000

    • 5 Beds
    • 3 Baths
    • 1,640 Sq Ft
    • 3324 SE 24th Ave
    • Portland, OR

    Beautifully updated SE Portland property with multiple income streams! This fully updated 4BD/2BA home sits on a 5,000 SF lot and includes three detached tiny homes, each with full utility hookups and private access. Live in the main house and rent out the tiny homes, or lease the entire property as a high-yield, turn-key rental. Extensive upgrades throughout include a fully renovated kitchen and

    Jacob Serrill Kelly Right Real Estate of Portland, LLC

    Section Image
  • 2406 SE 30th Ave, Portland, OR 97214

    $1,100,000

    • 6 Beds
    • 3 Baths
    • 2406 SE 30th Ave
    • Portland, OR

    Rare opportunity to own two homes on one lot in one of the best locations in SE Portland! This 1929 English style home sits on a corner lot just a block off Division St on a beautifully tree lined street! With 5 bedrooms and 2 full baths, there's plenty of room for all! Original details throughout include hardwood floors, fireplace, built-ins, picture rails and coved ceilings. Full unfinished

    Jarrett Altman Neighborhood Works

    Section Image
  • 638 SE 26th Ave, Portland, OR 97214

    $1,315,000

    • 7 Beds
    • 5 Baths
    • 3,400 Sq Ft
    • 638 SE 26th Ave
    • Portland, OR

    Park like setting in this one of a kind eco friendly 5 unit multifamily investment in A+ Buckman location. Situated up and off the street, this mid-century plex was entirely renovated in 2010/2011 with no expense spared! With modern touches, solar panels & durable materials, the Dawg Terrace is built to last and provide a low maintenance and easy to enjoy investment. Fully leased investment with

    Hope Beraka Think Real Estate

    Section Image
  • 121 SE 30th Place Unit 127, Portland, OR 97214

    $1,175,000

    • 6 Beds
    • 4 Baths
    • 3,240 Sq Ft
    • 121 SE 30th Place
    • Unit 127
    • Portland, OR

    New price on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 6.97 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four

    Teri Toombs Wood Land Realty

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 599932442

Regional Multiple Listing Service (RMLS)

APN: R200113