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Listed by Urban Nest Realty
$ 615,000
Est. payment /mo
Price Dropped by $10K
305 NE 26TH AVE Portland, OR 97232
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $307
Subdivision Kerns
MLS Listing ID 691040154
Year Built 1944
Annual Tax Amount $4,877
Tax Year 2025
Property Description
Investment opportunity in the heart of Kerns, one of Portland's most vibrant and highly sought-after neighborhoods! This classic 1940s side-by-side duplex offers two light-filled one-bedroom, one-bath units, each with fresh interior paint, an unfinished basement and individual tuck-under garage—plus plenty of potential to add value over time. Newly refinished hardwood floors in unit 315 add to the appeal, while a new roof in 2025, plus new hot water heaters and a new furnace in 2026, provide added peace of mind. This duplex is just moments from the shops, restaurants, and local favorites of NE 28th and the surrounding hubs—including Whole Foods Market, Laurelhurst Theater, Providore Fine Foods, Screen Door, and so much more—while tucked away on a peaceful residential block with established landscaping. Outside, a lovely private side yard with mature trees and plantings offers ample space for gardening, with existing garden boxes and plenty of room to make the outdoor space your own. Both units were previously occupied by long-term tenants, offering an investor the opportunity to consider future rental upside. With its desirable close-in location, individual garages and basements, 305–315 NE 26th Ave offers the chance to build long-term value and equity in a neighborhood with enduring appeal. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248524]
Location
State OR
County Multnomah
Area _142
Zoning R2.5
Rooms
Basement Partial Basement, Partially Finished, Unfinished
Interior
Heating Forced Air
Cooling Window Unit
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
