Massive Price Reduction - Motivated seller! Versatile Duplex with ADU Development Potential on a Private Street. Discover this unique investment opportunity featuring two well-maintained units on a spacious private lot. The main unit offers 2 bedrooms, 1 bathroom, with hardwood floors and an updated kitchen and bath, blending modern comfort with timeless charm. The second unit features 3 bedrooms, 1 bathroom, providing flexibility for rental income or multigenerational living. The property includes plans already drawn for an ADU in the basement, opening the door for additional income potential. Infrastructure is ready for easy management, with three separate power meters, two sets of laundry, and separate hot water systems for each unit. Located on a quiet private street, the generous lot offers ample space for gardening, outdoor entertaining, or future expansion. Ideal as a furnished finder rental, owner-occupied duplex, or multi-income investment, this property combines immediate income potential with room to grow or perhaps convert it back to a single family residence for a large family. Lots of improvements, including new kitcken, roof, bathrooms, and more!
Excellent opportunity close to PCC Sylvania campus. Very Clean, New carpet, paint, kitchen counters and deck off dining room inlower unit. New H2O heater in upper. Naturally Light filled units. Corner lot with nice trees, off-street parking and plenty of on-street as well. Very quiet area. Zoning allows for duplex but not currently permitted as such. Buyer to do their own due diligence w/city of Portland.
RMLS #17116052
Sep 10, 2017
Sold
$420,000
$122/sq ft
Jul 14, 2017
Delisted
—
Jul 7, 2017
Listed
$400,000
$116/sq ft
Vacant New carpet, paint, deck & some kitchen upgrades. Lots of potential. Buyer to do their due diligence w/ City of Portland & Multnomah County
RMLS #13160613
Mar 14, 2013
Sold
$255,000
$74/sq ft
Feb 19, 2013
Pending
—
Feb 1, 2013
Price Changed
$269,000
$78/sq ft
Feb 1, 2013
Relisted
—
Jan 24, 2013
Pending
—
Jan 5, 2013
Listed
$265,000
$77/sq ft
Public Records
Dec 31, 2007
Sold
$399,000
$116/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,534 (+3.7%)
2024
$7,263 (+4.0%)
2023
$6,984 (+2.2%)
2022
$6,833 (+1.7%)
2021
$6,717 (+9.0%)
2020
$6,162 (+3.8%)
2019
$5,935 (+3.0%)
2018
$5,761 (+4.3%)
2017
$5,522 (+9.3%)
2016
$5,052 (+2.7%)
2015
$4,920 (+3.2%)
2014
$4,768 (+6.2%)
2013
$4,491 (+10.4%)
2012
$4,068 (−1.3%)
2011
$4,120 (+5.5%)
2010
$3,905 (+2.7%)
2009
$3,801
Tax history for 4480 SW Pasadena St
Year
Property tax
Land + Additions
Assessment*
2025
$7,534 (+3.7%)
2024
$7,263 (+4.0%)
2023
$6,984 (+2.2%)
2022
$6,833 (+1.7%)
2021
$6,717 (+9.0%)
2020
$6,162 (+3.8%)
2019
$5,935 (+3.0%)
2018
$5,761 (+4.3%)
2017
$5,522 (+9.3%)
2016
$5,052 (+2.7%)
2015
$4,920 (+3.2%)
2014
$4,768 (+6.2%)
2013
$4,491 (+10.4%)
2012
$4,068 (−1.3%)
2011
$4,120 (+5.5%)
2010
$3,905 (+2.7%)
2009
$3,801
*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
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,964 Sq. Ft.
Year renovated
1927
Sq. Ft.
2,088
Year built
1927
Style
Single Family Residential
County
Multnomah County
APN
R302352
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R7
Residential 7,000 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
Apr 23, 2018 • Final
Plumbing
Plumbing
Water heater
Jan 26, 2018 • Final
Electrical
Electrical
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.
Property details
Parking
Parking Information
Parking Features: Driveway, On Street
Parking Total: 4
Interior
Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes
Virtual Tour Description: 4482
Virtual Tour Type 2: 3-D Tour
Has Virtual Tour Unbranded 2: Yes
Virtual Tour Description 2: 4480
Appliances
Hot Water Description: Gas
Interior Features
Storage: Basement
Basement: Full Basement, Partially Finished, Storage Space
Exterior
Exterior Features
Roof: Composition
Exterior Description: Lap Siding
Unreinforced Masonry Bldg: No
Lot Information
Lot Size Square Feet: 7,840
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.18
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Commons, Gentle Sloping, Trees
Parcel Number: R302352
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No
Building Information
Year Built: 1927
Building Area Total: 3,454
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2024
Tax Legal Description: WEST PORTLAND PK, BLOCK 26, LOT 1-3&9 TL 9400