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1244 NE 118TH AVE Portland, OR $ 574,900
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1244 NE 118TH AVE
$ 574,900
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1244 NE 118TH AVE

Portland, OR, 97220
$ 574,900
Bedrooms4 Baths2.0 Sq 2,010

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Portland, OR

for $574,900 with 4 bedrooms and 2 full baths. This 2,010 square foot home was built in 1954 on a lot size of 0.22.

Charming 1954 duplex, offering two units each with 2 bedrooms and 1 bathroom, one of the bedrooms is located on the main floor, the lower-level bedroom is non-conforming. Recent improvements include new exterior & interior paint, newer furnaces, hot water heater, washer/dryers, sheds, radon mitigation system, window treatments, newer decking, fencing, professionally designed landscaping with a new sprinkler system in 2025. Each unit features 735 sq ft of living space, plus a partially finished basement. Situated on a 9,594 sq ft lot, the property includes abundant off-street parking. Conveniently located with easy access to shops, restaurants, and public transportation. Ideal for investors or owner-occupants seeking rental income.

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Multi-Family Active

Price

$ 574,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,049

Style

Lot Size

0.22

Year Built

1954

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

781281979
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WallUnit
Roof Composition
Zoning R7
Year Built 1954
Stories Count 2
Tax Year 2025
Parcel Number R154494
Gross Income 40200.0
County Multnomah
Net Operating Income 37200.0
Operating Expense 5280.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions NE Halsey to 118th S to home
High School David Douglas
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional
Elementary School Ventura Park
Tax Annual Amount 5049.38
Middle/Junior High School Floyd Light
Virtual Tour https://listing.ridgetopmediagroup.com/1244-NE-118th-Ave/idx
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EDISON SW 1/4 OF LOT 4
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Interior
Basement PartialBasement
Storage Basement
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet Paved
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description LapSiding T111Siding
Foundation Details ConcretePerimeter
Building Area Total 2010.0
Lot Size Acres 0.22
Road Surface Type Paved
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Internal Only
Street Number 1 1244
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* Excluded Features
List By
Windermere Realty Trust

Broker

millerks@windermere.com

Contact

Affordability Calculator

$3,961
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$421
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949618 Elementary School
1949051 Middle School
David Douglas High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$574,900 -3.38% Price Down
4/22/2026$595,000 Listed Price

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1244 NE 118TH AVE, Portland, OR, 97220 is a Multi-Family Home for sale at $574,900 with 2,010 sqft and a lot size of 0.22. 1244 NE 118TH AVE has 4 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 97220 which is in Portland, OR

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