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Listed by ODonnell Group Realty
$ 745,000
Est. payment /mo
Active
446 NE IVY ST Portland, OR 97212
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 307404529
Year Built 1900
Annual Tax Amount $6,510
Property Description
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, and an attached two-story casita with two bedrooms and one bath.Ready for renovation and proper permitting for ADUs, 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.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Interior
Heating Forced Air
Cooling Central Air, Mini Split
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Boise-Eliot
Middle Schools Beaumont
High Schools Grant
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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