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    12315 NE Fremont St Portland, OR 97230

    For Sale
    $749,950

    MULTI_FAMILY - Portland, OR

    Property size:
    3,404 SF
    Lot size:
    0.18 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 12315 NE Fremont St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Rooms
    Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    4
    APN
    R255633
    Size
    3,404 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1973
    Number of units
    2
    Roof type
    Composition

    The Broker Network, LLC (503) 756-1192 [email protected]

    Listing agent John Taylor (503) 928-5606

    Listing date Nov 17, 2025

    MLS# 389924804 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Duplex in Argay Terrace

    This duplex in Argay Terrace offers a total living space of over 3,400 square feet, with approximately 1,700 square feet per unit. Each unit features an open, light-filled layout and includes a versatile office or den that can be converted into a third bedroom. The kitchens have been completely renovated with a modern feel. The property has been updated with new electrical panels, upgraded mechanicals, newer windows, a fresh roof, and clean paint throughout. An oversized garage provides flexibility for parking, storage, or a workshop. Located in the Argay neighborhood, the property is near Luuwit View Park and local amenities. This setup is suitable for multi-generational living or renting one unit for extra income. The property is located in Portland, Oregon, with a lot size of 0.18 acres and is zoned R3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.536422
    Latitude
    45.548283

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    FAQs

    What type of property is this?
    Duplex - Rare, updated duplex in desirable Argay Terrace neighborhood.
    Where is this duplex located?
    The property is located at 12315 NE Fremont St Portland, OR.
    What is the asking price?
    The asking price for this property is $749,950.
    What are key features of this property?
    This property features: - Income-producing duplex in desirable Argay Terrace, ideal for renting one unit.; - Two spacious units, each with approximately 1,700 sq ft of living space and open layouts.; - Versatile office/den in each unit, easily convertible to a third bedroom.
    (503) 928-5606
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    12315 NE Fremont St Portland, OR 97230
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    Portland, OR 97230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12315 NE Fremont St Portland, OR 97230
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