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About this home
Hollywood District Craftsman duplex with options! Perfect for an owner-occupant or investor, the spacious main-floor unit lives like a home with newly refinished hardwoods, fresh interior paint, fireplace, office area, two generous bedrooms, and a killer dining room with original built-in hutch. The restored kitchen gets a fresh update with new quartz counters and flooring. Upstairs, refinished fir floors bring warmth and character to the bedrooms and delightful kitchen, complemented by an updated bath and plenty of storage. Unfinished basement with exterior entrance and high ceiling adds even more flexibility. Oversized garage + large driveway provide parking for up to 5 vehicles. Newer gas furnace and AC (2 yrs), roof (2014), fresh landscaping front and back, and all appliances included. Both units have washer/dryer units. Live in one, rent the other—classic Portland character in a prime Hollywood location.
Multi-familyProperty Type
1921Year Built
5,227 sq ftLot Size
$199Price/Sq.Ft.
Listed by C. Morgan Davis• Keller Williams PDX Central
Rose City Park, located between NE Sandy Blvd and I-84, is a residential and garden-like Portland neighborhood with curving streets and early-20th-century homes. The neighborhood’s character concentrates around the NE Sandy Blvd and NE 57th Ave crossroads, where low-slung storefronts, patios, and steady foot traffic set a casual, local rhythm. Rose City Book Pub, The Zipper, and Screen Door Eastside anchor the area with books-and-pints energy, food-hall bustle, and a long-brunch soundtrack. Tudor Revivals and Craftsman bungalows line the interior blocks, broken up by pocket parks and mature street trees. Rose City Park itself adds ballfields, a playground, and open lawn that shapes daily routines. Sandy’s diagonal corridor keeps the geography legible, linking the neighborhood’s quiet grid to Montavilla and Hollywood.
Provided by Walk Score and Local Logic
Offer insights
2326 NE 48th Ave · $665,000
$665K and above
75% chance or better to win
Why $665K+ is a strong offer
DAYS ON MARKET
23 days
The average home goes pending in 51 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Basement with exterior entry; partial and unfinished
Storage in basement and garage
Bedrooms
Unit 1: 2 bedrooms
Unit 2: 2 bedrooms
Bathrooms
Unit 1: 1 bathroom
Unit 2: 1 bathroom
Kitchen
Dishwasher (both units)
Range (Unit 2)
Laundry & utility
Washer and dryer (both units)
Gas hot water
Flooring
Hardwood floors (both units)
Heating & cooling
Forced air heating (90%)
Wall heater
Central air conditioning
Exterior features
Wood siding
Paved road access
Lot approximately 5,000–6,999 sq ft
Home design
Multi-family property (2 units)
Built in 1921
Parking
Detached off-street parking
Construction
Composition roof
Utilities
Public water
Public sewer
Gas fuel
HOA & community
Zoned R2.5
Financial info
Unit 1 actual rent: $2,200
Unit 2 actual rent: $1,650
Rent includes sewer, trash collection, and water
Electricity and solar
View estimated energy costs and solar savings for this home
New Roof and gutters 2014. Really neat 1921 Bungalow. Original huge drainboard sink in Kitchen Unit A. Original Leaded Glass Built-ins in Dining Room. Wood burning fireplc. Non-conforming 3rd Bedroom uses closet off DR. Newer tub and subway tile in bath. Viking Gas Range in A. Owner is Licensed Broker in Oregon. Seller intends to execute a 1031 delayed exchange.
Public Records
Jun 28, 1996
Sold
$160,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,378 (+3.7%)
2024
$8,077 (+4.0%)
2023
$7,767 (+2.2%)
2022
$7,599 (+1.7%)
2021
$7,470 (+9.0%)
2020
$6,853 (+0.7%)
2019
$6,805 (+6.2%)
2018
$6,407 (+4.3%)
2017
$6,141 (+9.3%)
2016
$5,619 (+2.7%)
2015
$5,472 (+1.5%)
2014
$5,389 (+2.4%)
2013
$5,264 (+10.5%)
2012
$4,762 (+3.9%)
2011
$4,583 (+5.4%)
2010
$4,348 (+2.7%)
2009
$4,235
Public record
Public record
Zoning
Permits
Beds
5
Baths
2
Stories
2
Lot width
50 ft.
Lot depth
100 ft.
Lot size
5,000 Sq. Ft.
Year renovated
1921
Finished Sq. Ft.
2,237
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,237
Year built
1921
Style
Single Family Residential
County
Multnomah County
APN
R259309
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing
Oct 9, 2025 • Final
Mechanical
Install a new air conditioning unit.
HVAC
Oct 6, 2022 • Final
Plumbing
Kitchen
Plumbing
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97213
Average low and high temperatures (°F)
47
36
49
37
57
42
65
44
71
50
77
54
83
58
84
61
76
56
63
47
53
43
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2326 NE 48th Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $610,000 and $1,060,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $610K to $1.1M.