Here is an exceptional multi-family/duplex development opportunity. Build 7 units, maybe more. 19th century home plus 15,000 sf +- of land zoned RM1. Rare large park-like parcel near Legacy Emanuel, Kaiser Interstate, Rose Quarter, Swan Island, transit stops, street-side cafe's, boutiques, brewers, bakeries. Private w/some views possible, little thru traffic. Urban living at it's best. An income property and lot are also available adjacent, please inquire.
Sold for $574,603
$574,603
3325 N Michigan Ave, Portland, OR 97227
--beds
0baths
1,760sqft
MultiFamily
Built in 1890
-- sqft lot
$550,100 Zestimate®
$326/sqft
$2,112 Estimated rent
Home value
$550,100
$468,000 - $638,000
$2,112/mo
Zestimate® history
Owner options
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$3,512/mo
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$3,512/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Stove, Electric, Gas
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 1,760 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached
Features
- Exterior features: Wood
- Has view: Yes
- View description: City
Lot
- Size: 0.34 Acres
- Features: Level, Corner Lot, Private, Views
- Residential vegetation: Brush
Details
- Additional structures: Workshop, Residence
- Parcel number: R139454
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1890
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected, Phone Connected, Water Connected, Sewer Connected, Cable
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- ViewYN: true
- RoadSurfaceType: Paved, Gravel
- Utilities: Natural Gas Connected, Electricity Connected, Phone Connected, Water Connected, Sewer Connected, Cable
- LotFeatures: Level, Corner Lot, Private, Views
- NumberOfLots: 3
- ElectricOnPropertyYN: True
- Zoning: RM1
- OtherStructures: Workshop, Residence
- FarmLandAreaUnits: Square Feet
- CurrentUse: Residential
- View: Territorial, City
- RoadFrontageType: Public Road
- Vegetation: Brush
- MlsStatus: Active
- TaxAnnualAmount: 845.27
- Road surface type: Paved, Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2023 | Sold | $574,603-50%$326/sqft |
Source: Public Record Report a problem | ||
| 12/21/2021 | Sold | $1,150,000-8%$653/sqft |
Source: Public Record Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source:  RMLS (OR) Report a problem | ||
| 7/23/2020 | Listed for sale | $1,250,000$710/sqft |
Source: Realty Pro Oregon LLC. #20591272 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,071 +3.7% | $39,760 +3% |
| 2024 | $1,033 +4% | $38,610 +3% |
| 2023 | $993 +18.1% | $37,490 +19% |
| 2022 | $841 +1.7% | $31,500 +3% |
| 2021 | $827 +9% | $30,590 +3% |
| 2020 | $759 +3.8% | $29,700 +3% |
| 2019 | $731 | $28,840 +3% |
| 2018 | $731 +3% | $28,000 +3% |
| 2017 | $709 +14% | $27,190 +3% |
| 2016 | $622 | $26,400 +3% |
| 2015 | $622 +2.7% | $25,640 +3% |
| 2014 | $606 +3.9% | $24,900 +3% |
| 2013 | $584 +10.5% | $24,180 +3% |
| 2012 | $528 +3.9% | $23,480 +3% |
| 2011 | $508 +5.4% | $22,800 +3% |
| 2010 | $482 +2.7% | $22,140 +3% |
| 2009 | $470 +5.9% | $21,500 +3% |
| 2008 | $443 +0.3% | $20,880 +3% |
| 2007 | $442 +11.4% | $20,280 +3% |
| 2006 | $397 +4.7% | $19,690 +3% |
| 2005 | $379 -8.2% | $19,120 +3% |
| 2004 | $413 +2.3% | $18,570 +3% |
| 2003 | $404 +8.9% | $18,030 +3% |
| 2002 | $371 +7.3% | $17,510 +6.1% |
| 2000 | $346 | $16,510 |
Find assessor info on the county website
Neighborhood: Boise
Nearby schools
GreatSchools rating
- 7/10Boise-Eliot Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Boise-Eliot
- Middle: Boise-Eliot
- High: Grant
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$550,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$550,100
- Oregon
- Multnomah County
- Portland
- 97227
- Boise
- 3325 N Michigan Ave
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