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Listed by Opt
$ 525,000
Est. payment /mo
Open Sun 12PM-2PM
1506 NE EMERSON ST Portland, OR 97211
4 Beds
2 Baths
1,544 SqFt
Open House
Sun Nov 01, 12:00pm - 2:00pm
UPDATED:
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
NEARBY SCHOOLS & PROPERTIES
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