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Listed by Where, Inc

$1,125,000

Est. payment - /mo

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7 Beds

4 Baths

7,822 SqFt

New

1511 NE Hancock ST Portland, OR 97212

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

UPDATED:

Key Details

Property Type Townhouse

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 7,822 sqft

Price per Sqft $143

Subdivision Irvington

MLS Listing ID 637732012

Style Mid Century Modern, Ranch

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1955

Annual Tax Amount $11,395

Tax Year 2025

Lot Size 6,969 Sqft

Property Sub-Type Attached

Property Description

Vintage Mid-Century 4-Plex. Just two blocks from the vibrant NE Broadway corridor, this well-preserved 1955 Mid-Century Ranch offers a rare opportunity to own an authentic piece of Irvington while enjoying immediate income with exceptional long-term potential. Original hardwood floors, vintage birch cabinetry & hardware, period tile, wood-burning fireplaces, generous storage, and classic red brick architecture celebrate an era of craftsmanship and thoughtful efficiency that continues to resonate with today's renters seeking warmth, character, and authenticity. With approximately 3,911 square feet above and below grade, the property includes three spacious two-bedroom residences and one one-bedroom unit. Each offers comfortable single-level living above a private full basement with laundry, utility sink, high ceilings, and abundant storage. Each basement can be accessed directly from the unit's back door and locked off from the main level, creating intriguing possibilities for future expansion and additional income potential (buyer to perform due diligence). Three homes include dedicated garage spaces, while the attached three-car garage offers additional possibilities for those with a vision toward the future. Set within Portland's largest historic district, Irvington is cherished for its towering tree canopy, architectural heritage, and rare balance of quiet residential streets just steps from the Broadway corridor. Morning coffee at Peet's, neighborhood restaurants, boutiques, parks, and everyday conveniences are all within an easy stroll. Current rents remain well below market, presenting an opportunity to thoughtfully restore and reposition this authentic mid-century property while preserving the vintage character that attracts today's tenants. Whether owner-occupying one home or adding a distinctive property to an investment portfolio, this Vintage Mid-Century 4-Plex offers an increasingly rare combination of authentic character, flexibility, and location.

Location

State OR

County Multnomah

Area _142

Zoning RM2

Rooms

Basement Exterior Entry, Full Basement, Unfinished

Interior

Interior Features Hardwood Floors, High Speed Internet, Washer Dryer

Heating Forced Air

Fireplaces Number 4

Fireplaces Type Wood Burning

Appliance Free Standing Range, Free Standing Refrigerator, Tile

Exterior

Exterior Feature Garden

Parking Features Attached, Shared

Garage Spaces 3.0

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Level, On Busline

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Irvington

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

1511 NE Hancock ST Portland, OR 97212

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1511 NE Hancock ST