4480 SW PASADENA ST, Portland, OR 97219

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Sold Price
$735,000
List Price
$749,900
Closing Date
Nov 07, 2025
Days on Market
85
MLS#
573400270
Property Type
Multifamily
Sqft. of Residence
3,454
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
SOLD

Property Description

Massive Price Reduction - Motivated seller! Versatile Duplex with ADU Development Potential on a Private Street. Discover this unique investment opportunity featuring two well-maintained units on a spacious private lot. The main unit offers 2 bedrooms, 1 bathroom, with hardwood floors and an updated kitchen and bath, blending modern comfort with timeless charm. The second unit features 3 bedrooms, 1 bathroom, providing flexibility for rental income or multigenerational living. The property includes plans already drawn for an ADU in the basement, opening the door for additional income potential. Infrastructure is ready for easy management, with three separate power meters, two sets of laundry, and separate hot water systems for each unit. Located on a quiet private street, the generous lot offers ample space for gardening, outdoor entertaining, or future expansion. Ideal as a furnished finder rental, owner-occupied duplex, or multi-income investment, this property combines immediate income potential with room to grow or perhaps convert it back to a single family residence for a large family. Lots of improvements, including new kitcken, roof, bathrooms, and more!

Additional Information

Tax Amount
$7,263
Year Built
1927
High School
Ida B Wells
Elementary School
Markham
Middle School
Jackson
Acres
0.18
Living Area
3,454
Stories
3
Subdivision
WEST PORTLAND PARK
Terms
Cash, Conventional, FHA, State GI Loan, VA Loan
Cooling Description
Air Conditioning Ready
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Forced Air - 95+%
Hoa Rent Includes
None
Hot Water Description
Gas
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Sq Ft
1161
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Soldera Properties, Inc. Selling Office: Works Real Estate.

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