1506 NE EMERSON ST, Portland, OR 97211

$525,000
1,544
SqFt

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List Price
$525,000
Days on Market
0
MLS#
730139711
Property Type
Multifamily
Sqft. of Residence
1,544
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Prime location just two blocks from NE Alberta Street! This classic 1950s duplex offers timeless mid-century character, an excellent floor plan, and an excellent 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 feature hardwood floors, large picture windows, and a distinctive mid-century decorative screen wall separating the living room from the hallway. Both are approximately the same size and layout featuring a spacious, light-filled living room that flow into the dining area and Kitchen, which have both received updates over the years. Each unit offers two bedrooms with closets, wall-mounted air conditioning, forced-air gas heat, and its own washer and dryer. Both units also enjoy private outdoor spaces. One unit includes an attached garage, while the other offers off-street parking and an attached 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 the unbeatable walkability of this highly desirable NE Portland location, just two blocks from the coffee shops, restaurants, and shops on Alberta Street, and the added convince of being located on a bus line. This location has proven popular with renters, with 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, character, and a fantastic location in the heart of NE Portland!

Additional Information

Tax Amount
$3,638
Year Built
1951
High School
Jefferson
Elementary School
Vernon
Middle School
Vernon
Garage Spaces
1
Acres
0.12
Living Area
1,544
Stories
1
Subdivision
VERNON/ALBERTA ARTS
Terms
Cash, Conventional
Cooling Description
Wall Unit(s)
Fuel Description
Gas
Heating Description
Forced Air
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity, Tank
Exterior Description
Board & Batten Siding, Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Garage, Off Street
Parking Description
Garage, Off Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Sq Ft
772
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.