602 S VERMONT ST Active

Portland,OR 97219

$ 895000

- Bed

- Bath

1769 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,769 sqft

Price per Sqft $505

Subdivision Johns Landing, Willamette Park

MLS Listing ID 513059257

Year Built 1975

Annual Tax Amount $7,080

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Incredible, ideal ONE-LEVEL investment opportunity for an “owner-occupied” or income-generating property in THE primo location in southwest Portland! Time to INVEST in this fully refreshed duplex featuring high-quality designer finishes, ready to rent or live in today. On the market for the first time since 1975, this property offers outstanding flexibility, function, and future potential. Each side enjoys its own ducted HVAC system (heating and air conditioning), dedicated garage, brand-new full-size laundry, private low-maintenance fenced backyard, and separate postal address and electrical meter. The oversized flat driveway provides parking for up to four cars, and best of all—there are no stairs anywhere! The larger unit, 604 S Vermont, features 3 bedrooms, 2 full bathrooms, vaulted ceilings, and a bright, open-concept floor plan that lives large and modern. The adjoining unit, 602 S Vermont, offers 2 bedrooms, 1 bathroom, vaulted ceiling, and an equally inviting open-concept design—perfect for a tenant, guest suite, or extended family. Both units are turnkey and designed for easy ownership. Enjoy the unbeatable convenience of nearby Willamette Park, grocery stores, and restaurants—all within a short distance. Live in one side and rent out the other, or take advantage of VRBO, VACASA, or Airbnb options for short-term rental income. This property provides a rare combination of quality, comfort, and opportunity in one of Portland's most desirable neighborhoods. Whether you're seeking a solid long-term investment, a downsizing option, or a flexible owner-occupied home, this duplex delivers it all—location, livability, and lasting value! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235249]

Location

State OR

County Multnomah

Area _148

Zoning RM1

Interior

Heating Forced Air

Cooling Central Air

Exterior

Garage Spaces 2.0

Roof Type Composition

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Capitol Hill

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour