Recently Listed Open House 5/17 10am - 12pm
12923 NE PRESCOTT DR
Portland, OR, 97230 $ 407,000
Bedrooms3 Baths4.0 Sq 1,768 Monthly Estimate*
$ 2,506
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
FeaturesGeneralSewer 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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InteriorBasement 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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ExteriorParking 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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* Excluded FeaturesList ByBetter Homes & Gardens RealtyBroker
ChristineMcclinton@bhgpartners.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $1,455,877
Percent of Sale Price 258%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950296 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/16/2026 | $407,000 | | Listed Price |