Four-Unit Quadplex with Renovation
New
For Sale
$745,000
446 NE IVY St, Portland, OR 97212
MULTI_FAMILY - Portland, OR
Days on Market6
Property Features for 446 NE IVY St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Elementary school
Boise-Eliot
Middle school
Beaumont
High school
Grant
Directions
MLK North to Ivy
Subdivision
_142
Standard status
Active
APN
R102085
Taxes and HOA fees
Tax Description
ALBINA, BLOCK 13, LOT 33
Tax Annual Amount
6511
Legal Description
ALBINA, BLOCK 13, LOT 33
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1900
Floors in Building
2
Number of units
10
Roof type
Composition
Listing Agency:
ODonnell Group Realty
(503) 519-3400
Listed By:
Kathleen O'Donnell · License #200502109
(503) 519-3400
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 3 at 5:06AM
MLS# 307404529
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.
Investment Insights
Based on property information with market context.
This four-unit quadplex offers four separate living spaces within a historic Victorian configuration, including a 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. The property is ready for renovation. Major updates include a new sewer line in 2022, newer HVAC in the main house, and air conditioning throughout. Heating is forced air, and cooling is central air.
Located at 446 NE Ivy St in Portland’s inner Northeast, the property is just blocks from Irving Park and within reach of restaurants, cafes, and shops. The area also provides easy bike access to downtown and the Pearl District.
Built in 1900 with a composition roof, this setup can support long-term occupancy across the four distinct units while you plan renovations.
Located at 446 NE Ivy St in Portland’s inner Northeast, the property is just blocks from Irving Park and within reach of restaurants, cafes, and shops. The area also provides easy bike access to downtown and the Pearl District.
Built in 1900 with a composition roof, this setup can support long-term occupancy across the four distinct units while you plan renovations.
Key Highlights
- Zoned RM1 four separate living spaces: main home, walk‑out lower‑level apartment, detached studio, and attached two‑story casita
- New sewer line in 2022
- Newer HVAC in the main house and air conditioning throughout; forced air heat and central air
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 97212, OR
26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Zoned RM1 four-unit quadplex with forced air heat, central air, and a composition roof, built in 1900.
Where is this quadplex located?
The property is located at 446 NE IVY St Portland, OR.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Zoned RM1 four separate living spaces: main home, walk‑out lower‑level apartment, detached studio, and attached two‑story casita; New sewer line in 2022; Newer HVAC in the main house and air conditioning throughout; forced air heat and central air
