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4745 N Amherst St, Portland, OR 97203 — photograph 1

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4745 N Amherst St, Portland, OR 97203 — photograph 1
11 Beds4 Baths3,753 sqft

4745 N Amherst St, Portland

$999,000

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ActiveMLS®: 329155175Listing held by another brokerage, marked RMLS
Price per sqft
$266.19
Built in
1942
Property size
3,753 sqft
Lot size
5,227 sqft
Property type
Residential
Days on market
41

Overview

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.

Details

Interior

Interior features
Granite, Quartz, Vinyl Floor, Wall to Wall Carpet, Washer / Dryer, Wood Floors
Appliances
Built-in Range, Dishwasher, Free Standing Refrigerator, Granite, Microwave, Pantry, Quartz
Fireplace
Yes
Fireplaces
1
Fireplace description
Wood Burning
Cooling
Yes
Cooling description
Wall Unit
Heating
Yes
Heating description
Forced Air
Windows
Vinyl Frames

Exterior and lot

Lot size
5,227 sqft
Exterior features
Porch, Yard
Lot features
Gentle Sloping
Architectural style
Bungalow, Common Wall
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
On Street
Total parking
0

Schools

High school
Roosevelt
Middle school
Astor
Elementary school
Astor

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$10,667 (2025)

Location

4745 N Amherst St, Portland, OR 97203

Map showing the location of 4745 N Amherst St, Portland, OR 97203
© Mapbox © OpenStreetMap

Monthly payment estimate

$6,206 /mo

20% · $199,800
7.00%
Principal and interest
$5,317
Property tax (2025)
$889
Total
$6,206

Estimate only, and not an offer of credit. Assumes 20% down ($199,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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