12923 NE PRESCOTT DR Portland, OR $ 407,000
12923 NE PRESCOTT DR
$ 407,000
Recently Listed
Open House 5/17 10am - 12pm
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12923 NE PRESCOTT DR

Portland, OR, 97230
$ 407,000
Bedrooms3 Baths4.0 Sq 1,768

Monthly Estimate*

$ 2,506

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Multi-Family Home for sale in Portland, OR

for $407,000 with 3 bedrooms and 4 full baths. This 1,768 square foot home was built in 1997 on a lot size of 0.06.

Live in one unit and let the other help pay your mortgage in this stylish, move-in-ready duplex located in the desirable Argay Terrace neighborhood. With no HOA and flexible living options, this property is perfect for owner-occupied buyers, multi-generational living, or investors seeking strong rental potential.The vacant upper townhouse-style unit is filled with natural light and offers a spacious, functional layout with separate living, dining, and kitchen areas, two generously sized bedrooms, and 1.5 bathrooms. Recent upgrades include a new fireplace, thermostat, and hot water heater, creating a modern and comfortable living experience. A detached garage adds extra convenience and storage.The lower-level unit is occupied. Features a spacious one-bedroom, one-bath layout with an open-concept design ideal for easy ground-level living.Both units have been exceptionally maintained and include stainless steel appliances, washer/dryer hookups, and private outdoor spaces. Conveniently located just minutes from PDX Airport, Cascade Station, Costco, Glendoveer Golf & Tennis Center, parks, shopping, and dining.Whether you are looking to offset your mortgage, create long-term wealth, or accommodate extended family, this rare duplex opportunity offers flexibility, comfort, and income potential in one of Northeast Portland’s most convenient locations.

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Open House

5/17/2026 10:00 AM - 12:00 PM
12923 NE PRESCOTT DR Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 407,000

Bedrooms

3

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,961

Style

Lot Size

0.06

Year Built

1997

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

358399337

Features
General
Sewer PublicSewer
Heating Zoned
Roof Composition
Zoning CM1
Garage Spaces 1.0
Year Built 1997
Stories Count 3
Tax Year 2025
Parcel Number R249743
Gross Income 38160.0
County Multnomah
Net Operating Income 28307.0
Operating Expense 9109.0
Property Type MultiFamily
HOA N
Subdivision Name ARGAY TERRACE
Rent Includes Sewer TrashCollection Water
Status Active
Directions East on Sandy Blvd to 131st Place south to Prescott Drive
High School Parkrose
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 2613.0
Listing Terms Cash Conventional FHA
Elementary School Shaver
Tax Annual Amount 5961.42
Middle/Junior High School Parkrose
Property Condition UpdatedRemodeled
Virtual Tour https://www.youtube.com/shorts/srRE0Hguvhw
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PRESCOTT PLACE LOT 12
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Interior
Basement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage OnStreet
Water Source PublicWater
Total Parking 1.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 1768.0
Lot Size Acres 0.06
Road Surface Type Paved
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Internal Only
Street Number 1 12923
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* Excluded Features
List By
Better Homes & Gardens Realty

Broker

ChristineMcclinton@bhgpartners.com

Email

Affordability Calculator

$3,003
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,506
Monthly Property Taxes
$497
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
1950296 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2026$407,000 Listed Price

Map


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12923 NE PRESCOTT DR, Portland, OR, 97230 is a Multi-Family Home for sale at $407,000 with 1,768 sqft and a lot size of 0.06. 12923 NE PRESCOTT DR has 3 bedrooms, 4.0 baths, and was built in 1997. The property's zip code is 97230 which is in Portland, OR