1506 NE EMERSON ST, Portland, OR 97211
1506 NE EMERSON ST, Portland, OR 97211
1506 NE EMERSON ST, Portland, OR 97211
1506 NE EMERSON ST, Portland, OR 97211
1506 NE EMERSON ST, Portland, OR 97211
1506 NE EMERSON ST, Portland, OR 97211
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Listed by Opt
$ 525,000
Est. payment | /mo

4 Beds

2 Baths

1,544 SqFt


Save
$ 525,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,544 SqFt

Open House

Sun Nov 01, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,544 sqft

Price per Sqft $340

Subdivision Vernon/Alberta Arts

MLS Listing ID 730139711

Bedrooms 4

HOA Y/N No

Year Built 1951

Annual Tax Amount $3,750

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Prime location just two blocks from NE Alberta Street! This classic 1950s duplex offers timeless mid-century character, an excellent floor plan, and an outstanding investment opportunity. One unit is currently rented on a month-to-month lease, while the other is vacant and ready to rent or call home! Both units are similar in size and layout, featuring hardwood floors throughout, a spacious, light-filled living room that flow into the dining area and kitchen, which have been updated over the years. Each unit offers two bedrooms with closets, wall-mounted air conditioning, forced-air gas heat, their own washer and dryer, and outdoor patio area. One unit features an attached garage and additional parking, while the other offers off-street parking and a storage shed. Numerous updates add to the appeal, including vinyl windows throughout, with the exception of the large picture windows; roof replaced in 2017; furnaces replaced in 2017; and water heaters replaced in 2022. Each unit has its own electrical and gas meters, with water service split between the units. Enjoy exceptional walkability and bikeability in this highly desirable NE Portland location! With a Walk Score of 94 out of 100 (Walker's Paradise) and a Bike Score of 100 out of 100 (Biker's Paradise), you're just two blocks from the shops, coffee houses, and restaurants along NE Alberta Street and Killingsworth Street, including popular favorites like Tin Shed and Hat Yai, along with many other beloved Portland eateries. The property is also conveniently located on a bus line, making it easy to get around without a car. This location has proven popular with renters, attracting multiple applicants whenever a unit becomes available. Whether you're looking to expand your investment portfolio or live in one unit while renting the other to help offset your mortgage, this charming duplex offers versatility, classic mid-century character, and an unbeatable location in the heart of NE Portland!

Location

State OR

County Multnomah

Area _142

Zoning R2.5

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Wall Unit

Exterior

Garage Spaces 1.0

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, On Busline

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Jamilyn San Jose

+1(541) 968-2091

sellwithjamilyn@gmail.com

1142 Willagillespie Rd. Suite 24, Eugene, OR 97401, USA

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1506 NE EMERSON ST