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.
Sold
$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
What's special
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#: 609391756

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