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Updated Two-Unit Duplex
New
For Sale
$649,900

1230 SE IVON St, Portland, OR 97202

MultiFamily, Portland, OR

Property SizeContact for details
Lot Size0.04 Acres
Days on Market2

Property Features for 1230 SE IVON St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Elementary school Abernethy
Middle school Hosford
High school Cleveland
Directions SE Division, South on SE 13th, West on Ivon
Subdivision _143
Standard status Active
APN R287472
Lot size 0.04 Acres

Taxes and HOA fees

Tax Description TIBBETTS ADD, BLOCK 14, E 33' OF W 68' OF LOT 5, POTENTIAL ADDITI
Legal Description TIBBETTS ADD, BLOCK 14, E 33' OF W 68' OF LOT 5, POTENTIAL ADDITI

Utilities

Heating system Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: H & H Preferred Real Estate
Listed By: Valerie Hunter
Added: Oct 22 Last Checked: Oct 23 at 7:06AM
MLS# 360302545

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.

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Investment Insights

Based on property information with market context.

This two-unit property has updated kitchens with quartz countertops, remodeled bathrooms, new appliances, fresh interior paint, updated lighting, and a mix of LVP and refinished hardwood flooring. Improvements also include a new roof and furnace, two new water heaters, sewer line work, exterior paint, landscaping, and basement updates. The building dates to 1900 and has forced-air heating and a composition roof.

The property is in Portland, with shopping, restaurants, parks, and public transportation nearby. It is zoned R2 and occupies a 0.04-acre lot.

Key Highlights

  • Two separate residential units
  • Updated kitchens with quartz countertops and remodeled bathrooms
  • New roof, furnace, and two water heaters

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,087
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate residences offer the option to occupy one unit while leasing the other.
Where is this duplex located?
The property is located at 1230 SE IVON St Portland, OR.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two separate residential units; Updated kitchens with quartz countertops and remodeled bathrooms; New roof, furnace, and two water heaters
More about this property
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