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7020 NE Halsey St, Portland, OR, 97213

4beds
2baths
2,250sqft
$489,000
$217price/sqft
$3,204/moest. monthly cost
$128,160/yrincome needed

About This Home

NE Portland duplex on a corner lot offering solid upside potential. Each unit features 2 bedrooms, 1 bath, and a full unfinished basement, providing additional storage or future flexibility.One unit is currently vacant and has been recently updated with fresh interior paint, new flooring, bathroom improvements, and new gas furnace—making it ready for immediate occupancy or lease-up. The second unit is occupied by a long-term tenant of 15 years at $1,100/month, below current market rent. Estimated market rent is approximately $1,750/month per unit (acording to attached Rent-o-meter report attached) presenting a clear opportunity for future income growth.Both units include updated double-pane vinyl windows and private fenced backyards. A detached two-car garage adds additional value and utility.Property is being sold as-is. Ideal opportunity for investors to add value or owner-occupants looking to offset their mortgage while building equity.

Getting Around

60
WalkingSomewhat Walkable
58
TransitGood Transit
92
BikeBiker's Paradise

Schools

8/10
Vestal Elementary SchoolGrades K-50.8 mi
9/10
Harrison Park SchoolGrades K-82.0 mi
4/10

Construction

Condition

  • Property condition: Existing
  • Year built: 1948

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Shake Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater
  • Laundry features: Washer Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Storage

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Details

  • Parcel number: R193554
  • Zoning: R2A

Features

  • Stories: 1

Lot

  • Lot size: 6,534 sqft
  • Features: Corner Lot,SqFt 5000 to 6999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes