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About this home
Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.
TownhomeProperty Type
1942Year Built
5,227 sq ftLot Size
$288Price/Sq.Ft.
Listed by Jodi Ferguson• Berkshire Hathaway HomeServices NW Real Estate
University Park, located between Interstate 5 and the Willamette River, is a residential and campus-adjacent Portland neighborhood with a collegiate energy and a leafy street grid. The neighborhood’s character concentrates around N Lombard Street near the University of Portland gates, where coffee counters, casual bites, and student-day foot traffic set the tempo. The University of Portland anchors the blufftop skyline, while the historic University Park Methodist Church adds a landmark steeple to the streetscape. Early-20th-century bungalows and Tudors mix with tidy midcentury houses on calm blocks. Bluff-edge viewpoints and pocket parks shape daily routines. A short hop south, the St. Johns Bridge frames the horizon with industrial-river scenery.
Provided by Walk Score and Local Logic
Market insights
4745 N Amherst St · $1,079,000
DAYS ON MARKET
30 days
The average home goes pending in 36 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
LIST PRICE
$1,079,000
Median list price in this area is $400,113. (63% lower than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Granite countertops
Quartz surfaces
Vinyl flooring
Wall-to-wall carpet
Washer and dryer included
Wood floors
Vinyl window frames
Finished full basement
Wood-burning fireplace (1)
Bedrooms
Primary bedroom on main level
Second bedroom on main level
Third bedroom on main level
Fourth bedroom on upper level
Fifth bedroom on upper level
Sixth bedroom on upper level
Bathrooms
Four full bathrooms (two on main level, one on upper level, one on lower level)
Kitchen
Built-in range
Dishwasher
Free-standing refrigerator
Microwave
Pantry
Granite and quartz surfaces
Laundry & utility
Washer and dryer included
Electric hot water
Flooring
Wood floors
Vinyl floor
Wall-to-wall carpet
Heating & cooling
Forced air heating
Wall unit air conditioning
Exterior features
Front porch
Yard
Gentle sloping terrain
Paved road access
Brick and wood siding exterior
Home design
Attached residential property
Updated / remodeled condition
No view
Parking
On-street parking
Construction
Built in 1942
Composition roof
Utilities
Public water
Public sewer
Electric service
Electricity and solar
View estimated energy costs and solar savings for this home
Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.
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-Single unit
Housing-Multiple units
Housing-Senior
Oct 26, 2005 • Final
Mechanical
Install a gas furnace with associated piping.
Gas
HVAC
Apr 19, 2005 • Final
Residential bldg/trade
Addition
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, 14 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, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97203
Average low and high temperatures (°F)
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57
43
65
45
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83
59
84
62
78
57
64
48
54
44
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42
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Feb
Mar
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May
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Aug
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Oct
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Sun exposure
In this area, properties receive around 9.5 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4745 N Amherst St
$1,044,364
$35K under list price of $1.08M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $1.1M.