Bought with Living Room Realty
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1511 NE Hancock ST Portland, OR 97212
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Key Details
Sold Price $1,069,550
Property Type Townhouse
Sub Type Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 7,822 sqft
Price per Sqft $136
Subdivision Irvington
MLS Listing ID 637732012
Sold Date 09/23/26
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
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