514 Northeast Prescott Street

Portland, OR 97211

$605,000
Price
Beds
1,508 Sq. Ft.
$401 / Sq. Ft.
1,508
Sq. Ft.
$401
per Sq. Ft.

Description

Charming Duplex in the King Neighborhood – Ideal for Owner-Occupants or InvestorsThis solid duplex, in the heart of the sought-after King Neighborhood, offers a fantastic opportunity for both owner-occupants and investors alike. Each side of this one-level duplex features 2 spacious bedrooms and 1 bathroom, providing comfort and functionality. Each unit also includes a partially finished basement with additional storage or bonus rooms to suit your needs, extra large laundry room, a private backyard,...Charming Duplex in the King Neighborhood – Ideal for Owner-Occupants or InvestorsThis solid duplex, in the heart of the sought-after King Neighborhood, offers a fantastic opportunity for both owner-occupants and investors alike. Each side of this one-level duplex features 2 spacious bedrooms and 1 bathroom, providing comfort and functionality. Each unit also includes a partially finished basement with additional storage or bonus rooms to suit your needs, extra large laundry room, a private backyard, and parking options with both a driveway and on-street parking. One unit has had recent updates and has ADA accessibility, including a walk-in shower, making it move-in ready or perfect for a market-rate rental. Whether you're looking to live in one side and rent the other or expand your investment portfolio, and generate income from both, this duplex offers great value and potential in a thriving neighborhood. Don't miss out on this versatile property!
  1. Listed by Laura Mota • Keller Williams Sunset Corridor • 971-361-1763

Property Details for 514 Northeast Prescott Street

Subdivision
KING
Parking Features
Driveway, On Street
Zoning
R2.5
Garage Spaces
.00
Parking Total
2.00
LISTING UPDATED: 12/20/2024 11:59 AM

Property Details for 514 Northeast Prescott Street

StatusPending
MLS #24587565
Days on Market35
Taxes$2,889 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 514 Northeast Prescott Street

Stories2Residences2Year Built1950Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 514 Northeast Prescott Street

Summary
Location and General Information
  • Country: US
  • Directions: N. on MLK Blvd,right on NE Prescott
  • Road Surface: Concrete
School Information
  • Elementary School: Sabin
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,889.06
  • Parcel Number: R207226
  • Tax Legal Description: LINCOLN PK ANX, BLOCK 2, E 50' OF LOT 1&2
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level, On Busline
  • Lot Size Square Feet: 5227.0
  • 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
  • Property Condition: Updated Remodeled
  • Year Built: 1950
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air90
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Shake, Shingle
Interior Features
  • Basement: Finished, Partial Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $14,400.00
  • Gross Rent Multiplier: $42.01
  • Investor Information: According To Owner
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Security Features: Handicap Access
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 1508
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, Storage, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,200
  • Unit Type 1 SqFt: 611.0
  • 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: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $800
  • Unit Type 2 SqFt: 548.0
  • Unit Type 2 Units Total: 1

Property History for 514 Northeast Prescott 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 514 Northeast Prescott Street

Taxable ValueLand-Additions-Total-
Tax Record2024$2,889 ($241 / month)
Home Facts
Baths2Total Finished SqFt1,518 SqFtAbove Grade Finished SqFt1,518 SqFtUnfinished Basement SqFt1,200 SqFtStories1Lot Size5,000 SqFtStyleDuplexYear Built1950ZoningR2.CountyMULTNOMAHAPN1N1E23CB 04800

Schools near 514 Northeast Prescott 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
Sabin 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.

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Listing Courtesy of Keller Williams Sunset Corridor

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