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Listed by RealtyNET, LLC
$ 1,395,000
Est. payment | /mo
4,500 SqFt
$ 1,395,000
Est. payment | /mo
4,500 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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Taj Richardson And Seth Belsey
Broker-Owner | Lic# T: 200709164 | S: 201236206