1506 NE Emerson St, Portland, OR 97211
Local realty services provided by:Knipe Realty ERA Powered
1506 NE Emerson St,Portland, OR 97211
$525,000
- - Beds
- - Baths
- 1,544 sq. ft.
- Multi-family
- Active
Listed by: jamie mcwilliams
Office: opt503-908-4908
MLS#:730139711
Source:PORTLAND
Price summary
- Price:$525,000
- Price per sq. ft.:$340.03
About this home
Prime location just two blocks from NE Alberta Street! This classic 1950s duplex offers timeless mid-century character, an excellent floor plan, and an outstanding investment opportunity. One unit is currently rented on a month-to-month lease, while the other is vacant and ready to rent or call home! Both units are similar in size and layout, featuring hardwood floors throughout, a spacious, light-filled living room that flow into the dining area and kitchen, which have been updated over the years. Each unit offers two bedrooms with closets, wall-mounted air conditioning, forced-air gas heat, their own washer and dryer, and outdoor patio area. One unit features an attached garage and additional parking, while the other offers off-street parking and a storage shed. Numerous updates add to the appeal, including vinyl windows throughout, with the exception of the large picture windows; roof replaced in 2017; furnaces replaced in 2017; and water heaters replaced in 2022. Each unit has its own electrical and gas meters, with water service split between the units. Enjoy exceptional walkability and bikeability in this highly desirable NE Portland location! With a Walk Score of 94 out of 100 (Walker's Paradise) and a Bike Score of 100 out of 100 (Biker's Paradise), you're just two blocks from the shops, coffee houses, and restaurants along NE Alberta Street and Killingsworth Street, including popular favorites like Tin Shed and Hat Yai, along with many other beloved Portland eateries. The property is also conveniently located on a bus line, making it easy to get around without a car. This location has proven popular with renters, attracting multiple applicants whenever a unit becomes available. Whether you're looking to expand your investment portfolio or live in one unit while renting the other to help offset your mortgage, this charming duplex offers versatility, classic mid-century character, and an unbeatable location in the heart of NE Portland!...
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Home facts
- Year built:1951
- Subdivision & Development:VERNON/ALBERTA ARTS
- Listing ID #:730139711
- Added:1 day(s) ago
- Updated:October 28, 2026 at 09:31 PM
Rooms and interior
- Basement Description:Crawl Space
- Living area:1,544 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1951
- Building area:1,544 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner Lot, Level, On Busline
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:Jefferson
- Middle school:Vernon
- Elementary school:Vernon
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$340.03
- Tax amount:$3,750 (2025)
Parking
- Total parking spaces:2
- Parking description:Garage, Off Street
- Garage spaces:1
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