1804 NE 14TH AVE new

Portland,OR 97212

$ 1395000

- Bed

- Bath

4500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $310

MLS Listing ID 433450662

Year Built 1909

Annual Tax Amount $9,874

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Pleased to present 1804 NE 14th Avenue, a charming seven-unit asset in Portland's Irvington neighborhood. The property has undergone extensive renovation in recent years, offering a truly turnkey ownership path in a premier Portland location. Renovations include substantial unit interior remodels, water meter upgrade, sprinkler system installation and full permitting of unit that had been added to garden level, fresh exterior paint and more.1804 NE 14th Avenue is located in close-in NE Portland, in the historic Irvington neighborhood. Irvington represents a premium investment location in the apartment and commercial real estate market, commanding higher rental rates and property values thanks to its walkable streets, architectural charm, and proximity to downtown—ensuring stable occupancy and appreciation potential. It is characterized by smaller multifamily properties and well-preserved homes in a wide variety of architectural styles from Tudors to Victorians, including several on the National Historic Register, providing a true pride-of-ownership environment. The area's thriving commercial corridors along NE Broadway and 15th Avenue (each just one block from the property) create excellent investment conditions where local businesses consistently flourish due to the affluent demographic and strong community support, in turn providing lifestyle amenities for the area residents.Beyond Irvington, the broader Portland market is strategically positioned for significant upside as the city rebounds from recent challenges, with commercial and multifamily properties currently available at attractive price points before values increase with the anticipated economic resurgence.

Location

State OR

County Multnomah

Community Commons

Area _142

Zoning Res

Rooms

Basement Finished

Interior

Heating Wall Heater

Cooling None

Exterior

Garage Spaces 1.0

Community Features Commons

Roof Type Composition

Garage No

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Irvington

Middle Schools Harriet Tubman

High Schools Grant

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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