1506 NE Emerson St

Portland, OR 97211
  • $525,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,544

    SqFt
  • 0.12

    Acre

About the Listing OPTT03 - RICHTERJ

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!

Listing Highlights for 1506 NE Emerson St

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 730139711
Year Built 1951
Total Square Footage 1,544
Lot/Acreage 0.12
County Multnomah
Elementary School Vernon
Middle School Vernon
High School Jefferson

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Wall Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Corner Lot,Level,On Busline
  • Garage Capacity: 1 car
  • Parking Spaces: 2
  • Zoning: R2.5
  • Roof: Composition
  • Others: Approximately
  • Sewer: Public Sewer
  • Parking Features: Garage,Off Street

Financial Details

  • Tax Amount: $3,750
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R295085
  • Tax Year: N/A

Payment Calculator

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Listing Location

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1506 NE Emerson St Portland, OR 97211

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Originating MLS: Regional Multiple Listing Service, Inc.

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Nicole Shuba

| Nicole Shuba | Manor Realty

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