Beautifully updated Victorian in Portland’s historic Lair Hill neighborhood, just minutes from downtown, PSU, OHSU, and the South Waterfront. This would make a great first home or investment property—recently rented for $2,600/month. Excellent access to I-5, the Gibbs Street Pedestrian Bridge, Portland Aerial Tram, Ross Island Bridge, and Willamette Park.The home features an open floor plan, an updated kitchen, wood flooring, and a flexible main-level bonus room—ideal for an office, nursery, or creative space. Upstairs, the spacious primary suite includes a private bath and laundry. Natural light floods in through large windows and skylights. Additional highlights include a vintage clawfoot tub, stainless steel appliances, and a low-maintenance patio courtyard. Updated furnace, A/C, and water heater add modern comfort. The ~400 sq ft basement offers ample storage or potential for a wine cellar, workshop, or art studio.Lair Hill is one of Portland’s oldest neighborhoods, known for preserved Victorian and Craftsman homes, tree-lined streets, and excellent walkability. Parks like Lair Hill and Duniway offer green spaces, playgrounds, and historic character, with access to Terwilliger Parkway trails. Local favorites like Ross Island Grocery & Café, All Your Heart Coffee, and Lair Hill Bistro are just steps away. Located in Portland Public Schools: Capitol Hill Elementary, Jackson Middle, and Ida B. Wells High School.A rare opportunity to own a piece of Portland’s history—with modern updates and strong rental potential in a prime location.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1,500 Sq. Ft.
Year renovated
1900
Sq. Ft.
1,311
Year built
1900
Style
Single Family Residential
County
Multnomah County
APN
R129079
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mar 12, 2020 • Final
Mechanical
Replace the air conditioning unit.
HVAC
Jul 29, 2019 • Final
Mechanical
Replace the gas furnace.
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.