446 NE IVY ST, Portland, OR 97212

$745,000
5
BD
4
BA
3,018
SqFt

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List Price
$745,000
Days on Market
0
Status
ACTIVE
MLS#
286557446
Bedrooms
5
Bathrooms
4
Living Area
3,018
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast

Property Description

INVESTMENT ALERT! Rare opportunity to restore one of just three charming Victorian homes on NE Ivy. Zoned RM1, this unique property includes FOUR separate living spaces: the main home with one bedroom and one bath, a walk-out lower-level one-bedroom apartment, a detached studio with full kitchen, bath, and loft bedroom, and an attached two-story casita with two bedrooms and one bath.Ready for renovation, this is an ideal sweat equity project for those wanting to live in one and rent the others, or create a four-unit investment property with long-term upside. Major updates include a new sewer line (2022), newer HVAC in the main house, and AC throughout.Just blocks from Irving Park, restaurants, cafés and shops, with easy bike access to downtown and the Pearl District. Historic character, multiple income opportunities, and plenty of upside in Portland's inner northeast.

Additional Information

Tax Amount
$6,510
Year Built
1900
High School
Grant
Elementary School
Boise-Eliot
Middle School
Beaumont
Acres
0.12
Living Area
3,018
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Main
Cooling Description
Central Air, Mini Split
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Victorian
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Patio, Porch, Yard
Interior Features
Accessory Dwelling Unit, High Ceilings, Laundry, Wood Floors
Kitchen Appliances
Free-Standing Range, Free-Standing Refrigerator, Gas Appliances

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Calculator source: Real Geeks

Listing courtesy of ODonnell Group Realty.

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