INVESTMENT ALERT! Rare opportunity to restore one of just three charming Victorian homes on NE Ivy. Zoned RM1, this unique property includes FOUR separate living spaces: the main home with one bedroom and one bath, a walk-out lower-level one-bedroom apartment, a detached studio with full kitchen, bath, and loft bedroom, and an attached two-story casita with two bedrooms and one bath.Ready for renovation, this is an ideal sweat equity project for those wanting to live in one and rent the others, or create a four-unit investment property with long-term upside. Major updates include a new sewer line (2022), newer HVAC in the main house, and AC throughout.Just blocks from Irving Park, restaurants, cafés and shops, with easy bike access to downtown and the Pearl District. Historic character, multiple income opportunities, and plenty of upside in Portland's inner northeast.
Active
$745,000
446 NE Ivy St, Portland, OR 97212
5beds
3,018sqft
:
Get pre-qualified$5,582/mo
Residential, Single Family Residence
Built in 1900
5,227 Square Feet Lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
Four separate living spacesCharming victorian homesAc throughoutWalk-out lower-level one-bedroom apartment
- 4 days |
- 1,017 |
- 82 |
Zillow last checked:
Listing updated:
Listed by:
Kathleen O'Donnell 503-519-3400,
ODonnell Group Realty,
Caitlin Riley 971-533-3183,
ODonnell Group Realty
Source: RMLS (OR),MLS#: 286557446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings
- Flooring: Wood
- Basement: Daylight,Full,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 3,018
- Total interior livable area: 3,018 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Yard
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R102085
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $646,270
- Annual tax amount: $6,510
- Date on market: 7/29/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $745,000$247/sqft |
Source:  RMLS (OR) #286557446 Report a problem | ||
| 9/5/2025 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Price change | $2,000+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2025 | Price change | $1,900-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2025 | Price change | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $5,130 | $202,390 +3% |
| 2018 | $5,130 +3% | $196,500 +3% |
| 2017 | $4,979 +14% | $190,780 +3% |
| 2016 | $4,367 | $185,230 +3% |
| 2015 | $4,367 | $179,840 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Eliot
Nearby schools
GreatSchools rating
- 7/10Boise-Eliot Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Boise-Eliot
- Middle: Beaumont
- High: Grant
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $823,900-- bd3 ba2.2k sqft446 NE Ivy St, Portland, OR 97212Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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