Fantastic Income Opportunity in Prime Melrose Location!This charming corner-lot duplex offers excellent rental potential with two spacious units—one currently occupied. Each unit features a cozy living room with a classic brick fireplace and sliding doors that open to the fenced yard, creating seamless indoor-outdoor living. Adjacent dining areas with bay windows bring in natural light, while the kitchens are equipped with a dishwasher, range, and refrigerator. Both units include 2 bedrooms, a full bathroom with tub/shower combo, and private access to a basement with washer and dryer. Enjoy the outdoors under a covered patio surrounded by mature shade trees. Nestled in the desirable Melrose neighborhood with exceptional walk and bike scores, close to public transit, parks, schools, shopping, dining, and major medical centers (Providence & Adventist). A smart investment with built-in income and prime location appeal!
Multi-familyProperty Type
1968Year Built
4,356 sq ftLot Size
$346Est. Price/Sq.Ft.
2 car garageParking
Listed by Nick Shivers• Keller Williams PDX Central
Bought with Theresa Peyralans• Windermere Realty Trust
*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
4,259 Sq. Ft.
Year renovated
1968
Sq. Ft.
1,863
Year built
1968
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R216570
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM2
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Oct 3, 2025 • 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.