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503-935-2560
Smira Group
1506 NE EMERSON ST, Portland, OR 97211
- $525,000
- 1,544
- SqFt
- List Price
- $525,000
- Days on Market
- 1
- MLS#
- 730139711
- Property Type
- Multifamily
- Sqft. of Residence
- 1,544
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Northeast
- Status
- ACTIVE
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!
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Additional Information
- Tax Amount
- $3,750
- Year Built
- 1951
- High School
- Jefferson
- Elementary School
- Vernon
- Middle School
- Vernon
- Garage Spaces
- 1
- Acres
- 0.12
- Living Area
- 1,544
- Stories
- 1
- Subdivision
- VERNON/ALBERTA ARTS
- Terms
- Cash, Conventional
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Trash Collection
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Board & Batten Siding, Cedar, Shake Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Garage, Off Street
- Parking Description
- Garage, Off Street
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Sq Ft
- 772
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.