4623 Southeast 64th Avenue

Portland, OR 97206

$545,000
Price
Beds
Baths
2,302 Sq. Ft.
$237 / Sq. Ft.
2,302
Sq. Ft.
$237
per Sq. Ft.

Description

This bungalow-style duplex with commercial CS zoning presents an outstanding owner-occupant or investor opportunity in the heart of Foster-Powell, close to popular bars, restaurants, and shops. Recent updates include a brand-new tear-off 30-year architectural roof, new sewer and water lines, new dishwasher, and fresh interior paint. The front unit boasts a classic bungalow layout featuring an open living room, formal dining, and a spacious kitchen with open huge pantry. Upstairs, find two large bedrooms...This bungalow-style duplex with commercial CS zoning presents an outstanding owner-occupant or investor opportunity in the heart of Foster-Powell, close to popular bars, restaurants, and shops. Recent updates include a brand-new tear-off 30-year architectural roof, new sewer and water lines, new dishwasher, and fresh interior paint. The front unit boasts a classic bungalow layout featuring an open living room, formal dining, and a spacious kitchen with open huge pantry. Upstairs, find two large bedrooms with wood floors, and a full basement providing laundry and extra finished storage. Gas forced-air heat adds comfort and efficiency. A second unit—a thoughtfully designed one-bedroom apartment—includes in-unit laundry and direct access to the shared, fenced backyard. The open lot at the rear of the property with alley access offers added potential for future use or development. With attractive loan programs available, buyers can purchase with as little as 3.5–5% down. All appliances convey, and rental estimates from a local property manager are available. Whether you’re looking to live in one unit and rent out the other or capitalize on commercial zoning for business potential, this property provides endless flexibility. Open saturday 1-3.
  1. Listed by Alia Marie Hazen • RE/MAX Equity Group
  2. Listed by Noel Jackson • RE/MAX Equity Group

Property Details for 4623 Southeast 64th Avenue

Subdivision
FOPO
Parking Features
On Street
Zoning
CS
LISTING UPDATED: 02/12/2025 11:27 AM

Property Details for 4623 Southeast 64th Avenue

StatusPending
MLS #24511390
Days on Market98
Taxes$5,203 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1924
Lot Size0.10 AC / 4,356 SF
CountyMultnomah County

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Building Information for 4623 Southeast 64th Avenue

Stories3Residences2Year Built1924Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 4623 Southeast 64th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Foster South on 64th - West side of street.
  • Road Surface: Paved
School Information
  • Elementary School: Arleta
  • High School: Franklin
  • Middle Or Junior School: Kellogg
Taxes and HOA
  • Management Name: Self Managed
  • Tax Year: 2024
  • Tax Annual Amount: $5,202.86
  • Parcel Number: R204751
  • Tax Legal Description: LAURELWOOD ANX, BLOCK 3, LOT 19
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Property
Lot Information
  • Acres: 0.1
  • Lot Description: Level
  • Lot Size Square Feet: 4356.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1924
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Full Basement, Unfinished
  • Foundation Details: Concrete Perimeter
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $37,200.00
  • Gross Rent Multiplier: $14.65
  • Investor Information: According To Owner
  • Net Income Actual: $28,097.00
  • Operating Expense: $9,103.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2302
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer, Wood Floors
  • Unit Type 1 Rent: $2,100
  • Unit Type 1 SqFt: 1764.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,300
  • Unit Type 2 SqFt: 538.0
  • Unit Type 2 Units Total: 1

Property History for 4623 Southeast 64th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4623 Southeast 64th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$5,203 ($434 / month)
Home Facts
Baths2Total Finished SqFt1,659 SqFtAbove Grade Finished SqFt1,659 SqFtUnfinished Basement SqFt400 SqFtStories1Lot Size4,200 SqFtStyleDuplexYear Built1924ZoningCSCountyMULTNOMAHAPN1S2E17BB 05000

Schools near 4623 Southeast 64th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Arleta Elementary School
PublicK to 5

Kellogg Middle School
Public6 to 8

Franklin High School
Public9 to 12

Benson Polytechnic 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.

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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 RE/MAX Equity Group

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