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  • $807,400

    204 NW 15th Ave, Portland, OR 97209

    5beds
    4,909sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $761,700 Zestimate®
    $164/sqft
    $3,640 Estimated rent

    Owner options

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    $3,640/mo

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    $3,640/mo

    Rent Zestimate®

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    $4,828/mo

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    $4,828/mo

    Est. payment

    What's special

    This rare Victorian-style duplex sits on a quiet cul-de-sac at the edge of Portland’s vibrant Pearl District, combining timeless character with modern functionality. Ideal for owner-occupants or investors, the property offers flexible rental options in one of the city’s most walkable neighborhoods.The detached duplex features a main-level unit that is vacant providing immediate flexibility for owner occupancy, long-term rental, or short-term use. The second-floor residence includes a private covered balcony. Each unit features private laundry, hardwood floors, original built-ins, and custom woodwork that reflect the home’s historic charm.A full, unfinished basement with street-level access offers ample space for storage or bike parking. Easy street parking and nearby public garages add convenience, and freeway on/off ramps are just minutes away.With a Walk Score of 99 and a Bike Score of 90, you’re steps from the Pearl District’s top dining, shopping, and cultural attractions—plus picturesque views of Portland’s West Hills.A beautifully maintained, income-generating property - this is a rare find in one of Portland’s most desirable neighborhoods.

    Zillow last checked: 7 hours ago

    Listing updated: October 06, 2025 at 04:17am

    Listed by:

    Jennifer Turner 503-312-4642,

    Lovejoy Real Estate

    Bought with:

    Alissa Westmoreland, 201254369

    Divine NW Realty

    Source: RMLS (OR),MLS#: 609391756MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer, Range, Gas Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    • Basement: Exterior Entry,Full,Storage Space
    Interior area
    • Total structure area: 4,909
    • Total interior livable area: 4,909 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,742 sqft
    • Features: Level, On Busline, SqFt 0K to 2999
    Details
    • Parcel number: R140697
    • Zoning: EXD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1900

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Portland
    • Subdivision: Pearl District

    HOA & financial

    Other financial information
    • Total actual rent: 1875

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
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    Estimated market value
    $761,700