4745 N AMHERST ST Portland, OR $ 1,079,000
4745 N AMHERST ST
$ 1,079,000
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4745 N AMHERST ST

Portland, OR, 97203
$ 1,079,000
Bedrooms11 Baths4.0 Sq 3,753

Monthly Estimate*

$ 6,813

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Multi-Family Home for sale in Portland, OR

for $1,079,000 with 11 bedrooms and 4 full baths. This 3,753 square foot home was built in 1942.

Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.

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Multi-Family Active

Price

$ 1,079,000

Bedrooms

11

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,666

Style

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

450186994

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WallUnit
Roof Composition
Zoning R5
Year Built 1942
Stories Count 2
Tax Year 2025
Parcel Number R220023
Gross Income 90000.0
County Multnomah
Net Operating Income 71611.0
Operating Expense 18389.0
Property Type MultiFamily
HOA N
Subdivision Name PORTSMOUTH/UNIVERSITY PARK
Rent Includes None
Status Active
Directions West on Lombard St Left onto N Portsmouth Ave Left on Amherst St
High School Roosevelt
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _141
Listing Terms Cash Conventional FHA VALoan
Elementary School Astor
Tax Annual Amount 10666.94
Middle/Junior High School Astor
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MOCKS ADD BLOCK 77 SWLY 1/2 OF LOT 14-16
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Interior
Basement Finished
Storage Basement
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 5
Unit 2 Baths Total 2
Unit 2 Beds Total 6
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Lot Features CornerLot
Water Source PublicWater
Exterior Description Brick WoodSiding
Building Area Total 3753.0
Road Surface Type Paved
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Internal Only
Street Number 1 4745
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

jferguson@bhhsnw.com

Email

Affordability Calculator

$7,702
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,813
Monthly Property Taxes
$889
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1949762 Elementary School
1950192 Middle School
Roosevelt High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,079,000 Listed Price

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4745 N AMHERST ST, Portland, OR, 97203 is a Multi-Family Home for sale at $1,079,000 with 3,753 sqft. 4745 N AMHERST ST has 11 bedrooms, 4.0 baths, and was built in 1942. The property's zip code is 97203 which is in Portland, OR