Elegant, turn of the century, craftsman-style Nob Hill property, currently configured as a 4-unit investment property. Very hard to come by corner location, with strong, commanding street presence. Period leaded glass windows and other features are still present. Two units have fireplaces, three have hardwood floors. Detached one car garage. Strong tenant demand with very low turn-over. Unique chance to purchase this legacy property offered for sale for the first time in over 30 years. Nob Hill, with its picturesque streets and historic buildings, is an extremely desirable neighborhood. This vibrant area of Portland is famous for its very close proximity to NW 23rd and 21st avenue boutiques, acclaimed restaurants and cafés. Two charming neighborhood parks, Wallace Park and Couch Park, are within walking distance. Forest Park, one of the country’s largest urban forests, with miles of trails to explore is close by.1231 NW 25th Ave is more than an investment—it’s a chance to be the owner of a beautiful piece of history in an iconic Portland neighborhood. Please do not disturb residents.
Pending
$1,050,000
1231 NW 25th Ave, Portland, OR 97210
7beds
3,500sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Historic buildingsPeriod leaded glass windowsHardwood floorsStrong commanding street presencePicturesque streetsDetached one car garageCorner location
- 142 days |
- 346 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 09:34am
Listed by:
David Allred 503-704-3550,
DLA Properties, LLC
Source: RMLS (OR),MLS#: 365385293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Heating
- Forced Air 90, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Gas Water Heater
Features
- Storage
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Crawl Space,Full,Unfinished,Storage Space
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 50 x 100
- Features: Corner Lot, SqFt 5000 to 6999
Details
- Parcel number: R171527
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1900
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Fire Escape
- Subdivision: Nw District
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $958,030
- Annual tax amount: $11,014
- Date on market: 7/1/2025
- Cumulative days on market: 142 days
- Listing terms: Cash,Conventional
- Total actual rent: 6560
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$6,355/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Pending sale | $1,050,000$300/sqft |
Source:  RMLS (OR) #365385293 Report a problem | ||
| 12/2/2025 | Listed for sale | $1,050,000$300/sqft |
Source: RMLS (OR) #365385293 Report a problem | ||
| 11/5/2025 | Pending sale | $1,050,000$300/sqft |
Source: RMLS (OR) #365385293 Report a problem | ||
| 8/12/2025 | Price change | $1,050,000-12.5%$300/sqft |
Source: RMLS (OR) #365385293 Report a problem | ||
| 7/1/2025 | Listed for sale | $1,200,000$343/sqft |
Source: RMLS (OR) #365385293 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,425 +3.7% | $424,410 +3% |
| 2024 | $11,014 +4% | $412,050 +3% |
| 2023 | $10,591 +2.2% | $400,050 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,271/mo
Principal & interest
$4072
Property taxes
$831
Home insurance
$368
Climate risks
Neighborhood: Northwest
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Chapman
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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