Bought with Coldwell Banker Professional
$535,000
$545,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2,302 SqFt
SOLD DATE : 03/07/2025
Key Details
Sold Price $535,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,302 sqft
Price per Sqft $232
Subdivision Fopo
MLS Listing ID 24511390
Sold Date 03/07/25
Year Built 1924
Annual Tax Amount $5,202
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
This bungalow-style duplex with commercial CS zoning presents an outstanding owner-occupant or investor opportunity in the heart of Foster-Powell, close to popular bars, restaurants, and shops. Recent updates include a brand-new tear-off 30-year architectural roof, new sewer and water lines, new dishwasher, and fresh interior paint. The front unit boasts a classic bungalow layout featuring an open living room, formal dining, and a spacious kitchen with open huge pantry. Upstairs, find two large bedrooms with wood floors, and a full basement providing laundry and extra finished storage. Gas forced-air heat adds comfort and efficiency.A second unit—a thoughtfully designed one-bedroom apartment—includes in-unit laundry and direct access to the shared, fenced backyard. The open lot at the rear of the property with alley access offers added potential for future use or development. With attractive loan programs available, buyers can purchase with as little as 3.5–5% down. All appliances convey, and rental estimates from a local property manager are available.Whether you're looking to live in one unit and rent out the other or capitalize on commercial zoning for business potential, this property provides endless flexibility. OPEN SATURDAY 1-3.
Location
State OR
County Multnomah
Area _143
Zoning CS
Rooms
Basement Exterior Entry, Full Basement, Unfinished
Interior
Heating Forced Air, Zoned
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Arleta
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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