$489,900

4605 N VANCOUVER Ave, Portland, OR 97217

  • 1,396 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $351/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

This is a rare opportunity to own an potential income-producing duplex in the heart of North Portland. Situated on a large corner lot, this fixer property is ideal for investors, contractors, or owner-occupants looking to build equity while generating rental income. Live in one unit and rent the other to help offset your mortgage payment.Unit #1 (Vancouver Side) features 1 bedroom, 1 bathroom, and includes access to a basement/garage area via exterior entry. Unit #2 (Going Side) offers 2 bedrooms, 1 bathroom, a large unfinished attic space with future potential, and direct interior access to the basement and garage, along with exterior access.The property offers driveway parking in addition to ample on-street parking. Conveniently located near local restaurants, coffee shops, shopping, and neighborhood amenities along the vibrant Mississippi and Humboldt corridors, with quick and easy access to I-5 for commuting throughout Portland and beyond.The home will require repairs and updating and is being sold “AS IS.” Seller is unable to make improvements. Some updates appear to have been completed over time, including the main sewer line, electrical wiring, and plumbing/water lines; however, dates and scope of improvements are unknown. Buyer to verify all information and due diligence.Cash or conventional financing only. Great potential and opportunity in a sought-after Portland location.

Listing Status:
Active
Date Added:
May 19, 2026
Data Last Updated:
May 25, 2026 at 7:44AM
Listing Office:
MORE Realty : 503-353-6673
Listing Agent:
John Leiby : 971-409-2803
MLS ID:
560712668
  • Basement: Exterior entryFull basementUnfinished
  • A/C: None
  • Heating: Forced airWall heater
  • General: Lap sidingWood siding
  • Parking: GarageOn streetParking spaces: 2
  • Roofing: Composition
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: R2.5CENTRAL ALBINA ADDBLOCK 11LOT 10 EXC PT IN STR131462
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of John Leiby , MORE Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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