437 Northeast Fargo Street

Portland, OR 97212

$750,000
Price
Beds
3,488 Sq. Ft.
$215 / Sq. Ft.
3,488
Sq. Ft.
$215
per Sq. Ft.

Description

This huge 8-bedroom, 5-bathroom home, including 2 primary suites on the main, is located just off MLK Blvd has been loved by one family for over 30 years and is now ready for its next owner. Whether your vision is opening a foster care home, office space, single room apartments, or converting it back to a triplex, or just loving it the way it is, this property is bursting with potential! The house offers plenty of storage, utility rooms, common meeting room, and a media room, and expansive 2nd story...This huge 8-bedroom, 5-bathroom home, including 2 primary suites on the main, is located just off MLK Blvd has been loved by one family for over 30 years and is now ready for its next owner. Whether your vision is opening a foster care home, office space, single room apartments, or converting it back to a triplex, or just loving it the way it is, this property is bursting with potential! The house offers plenty of storage, utility rooms, common meeting room, and a media room, and expansive 2nd story deck giving you tons of flexible space to make it your own. There's even a detached garage—perfect for extra storage, a workshop, or off street parking. Boise-Eliot neighborhood is close to everything Portland has to offer. Bring your ideas, your imagination, and your vision—this property is ready for you to make it shine! Make sure to visit the virtual tour link.
  1. Listed by Steve Roesch • NextHome Realty Connection

Property Details for 437 Northeast Fargo Street

Subdivision
ELIOT
Zoning
RM4
LISTING UPDATED: 12/30/2024 03:04 PM

Property Details for 437 Northeast Fargo Street

StatusActive
MLS #24231316
Days on Market3
Taxes$9,212 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1905
Lot Size0.14 AC / 6,098 SF
CountyMultnomah County

Building Information for 437 Northeast Fargo Street

Stories3Residences-Year Built1905Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 437 Northeast Fargo Street

Summary
Location and General Information
  • Country: US
  • Directions: Fremont, S on MLK, E on Fargo
  • Road Surface: Paved
School Information
  • Elementary School: Boise-Eliot
  • High School: Grant
  • High School 2: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Annual Amount: $9,211.61
  • Parcel Number: R102038
  • Tax Legal Description: ALBINA, BLOCK 12, LOT 6
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Level
  • Lot Size Square Feet: 6098.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1905
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Basement: Finished, Full Basement
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Gross Income Actual: $71,788.00
  • Gross Rent Multiplier: $10.45
  • Net Income Actual: $.00
  • Operating Expense: $11,212.00
  • SqFt Approximate Building Total: 3488

Property History for 437 Northeast Fargo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 437 Northeast Fargo Street

Taxable ValueLand-Additions-Total-
Tax Record2024$9,212 ($768 / month)
Home Facts
Beds7Baths3Total Finished SqFt1,856 SqFtAbove Grade Finished SqFt1,856 SqFtUnfinished Basement SqFt700 SqFtStories2Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1905ZoningRHDCountyMULTNOMAHAPN1N1E26BB 06400Fireplace TypeHas Fireplace

Schools near 437 Northeast Fargo Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Boise-Eliot Elementary School
PublicPK to 5

Harriet Tubman Middle School
Public6 to 8

Grant High School
Public9 to 12

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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437 Northeast Fargo Street is a multi-family home for sale in Portland, OR 97212. This property was listed for sale on December 18, 2024 by NextHome Realty Connection, it's currently listed at $750,000. It has been on the market for a total of 3 days and was last sold on June 14, 2007. This listing's school district is Portland School District 1j. Nearby schools include Boise-Eliot Elementary School, Harriet Tubman Middle School and Grant High School. 437 Northeast Fargo Street is a 0-bed, 0-bath, 3,488 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Realty Connection

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/30/2024 03:04 PM