237 239 NE GRAHAM St Portland, OR 97212
- Added:
- Mar 18, 2026
- Days on Market:
- 15
- Last Refresh:
- Apr 1 at 5:06 am
Property Features for 237 239 NE GRAHAM St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Active
- APN
- R102169
- Size
- 1,200 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- TaxDescription
- ALBINA, BLOCK 15, LOT 19
- TaxAnnualAmount
- 2962
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1904
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
Listing agent David Raines (503) 607-4216
Listing office 24/7 Properties 2051 Willamette Falls Dr, West Linn, OR (503) 482-0500
Listing date Mar 18, 2026
MLS# 246624780
Copyright © 2026 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
Portland Duplex: Income and Upside
This income-producing duplex is located in Portland's sought-after Eliot neighborhood. The property generates $61,140 annually and offers additional upside potential. Unit 239, a 2-bedroom, 1-bath unit with approximately 1,200 sq ft, achieves a strong market rent of $2,795 per month. Unit 237, a 1-bedroom, 1-bath unit, is currently rented at $2,300 per month and transitions to month-to-month in May 2026, creating an opportunity to adjust rents over time. The property provides a proven benchmark for income, while the 1-bedroom offers potential for incremental rent growth. The property blends classic character with functional updates, including a newer furnace (approximately 3 years old) and water heaters (approximately 2-3 years old). Unit 237 features a large attic accessible by a full staircase, offering additional storage or potential future use. Both units include in-unit laundry. Additional highlights include a high-ceiling basement and separate electric metering. The property is located in a walkable, high-demand location near parks, restaurants, and the Matt Dishman Community Center, with quick access to downtown Portland. The lot size is 0.17 acres. The zoning is R2. It is ideal for investors seeking stable income with upside potential, or owner-occupants looking to offset their mortgage while building long-term equity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.662698
- Latitude
- 45.543035
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Income-producing duplex in Portland's Eliot neighborhood with upside potential.
Where is this duplex located?
The property is located at 237 239 NE GRAHAM St Portland, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Income‑producing duplex generating $61,140 annually.; Located in Portland's sought‑after Eliot neighborhood.; Unit 239 (2 bed, 1 bath) achieves strong market rent at $2,795/month.
