2456 NE 7TH AVE, Portland, OR 97212

  • $815,000
  • $888,000

Overview

  • 1913
    Year Built
  • MultiFamily
    Property Type
  • 302551882
    MLS#
  • 0.12 Acres
    Land Area
  • Redfin
    Office Name
  • William Grzebyk
    Agent Name

Description

Classic Old Portland charm meets convenient investment opportunity with 4-year-old roof! This beautifully preserved Old-Portland style home has been converted to a legal duplex, offering flexibility for owner-occupants or investors alike. Each unit features separate gas heat and power for convenience and efficiency. The main level showcases timeless character with hardwood floors, built-ins, and a cozy fireplace anchoring the living space. Period details blend seamlessly with functional updates, creating a warm, inviting atmosphere. Situated on a desirable corner lot, the property is framed by mature landscaping enhancing privacy and curb appeal. Located in a vibrant inner NE Portland neighborhood with proximity to Irving Park, Alberta Park, and easy access to walking and biking routes. This property presents a strong opportunity for “house hacking,” where an owner occupies one unit while renting the other to offset housing costs and build equity. Financing options may include FHA, VA, or Freddie Mac Home Possible loans with low down payment options (as low as 0–3.5%), subject to buyer qualification; primary residence occupancy typically required. Buyer to verify eligibility and terms. Potential benefits may include reduced living expenses through rental income, equity building, and possible tax advantages (consult a qualified professional). Buyers should verify Portland zoning and rental regulations. Currently configured as a legal duplex (converted in the 1940s during WWII-era housing expansion), the home may also function as a single-family residence. Potential reconfiguration could include removal of a non-structural wall at the top of the interior stairwell, subject to buyer verification and approvals.

Details

Updated on June 4, 2026 at 3:59 pm
  • MLS# 302551882
  • Price $815,000
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1913
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Redfin
  • Agent Name William Grzebyk
  • Office Phone 503-496-7620

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Central Air, Mini Split
  • Heating Forced Air, Mini Split
  • County Multnomah
  • Property Type MultiFamily
  • Parking On Street
  • Elementary School Irvington
  • Middle School Harriet Tubman
  • High School Jefferson

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