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4605 N Vancouver Ave, Portland, OR 97217

$489,900

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Property Description

This is a rare opportunity to own an potential income-producing duplex in the heart of North Portland. Situated on a large corner lot, this fixer property is ideal for investors, contractors, or owner-occupants looking to build equity while generating rental income. Live in one unit and rent the other to help offset your mortgage payment.Unit #1 (Vancouver Side) features 1 bedroom, 1 bathroom, and includes access to a basement/garage area via exterior entry. Unit #2 (Going Side) offers 2 bedrooms, 1 bathroom, a large unfinished attic space with future potential, and direct interior access to the basement and garage, along with exterior access.The property offers driveway parking in addition to ample on-street parking. Conveniently located near local restaurants, coffee shops, shopping, and neighborhood amenities along the vibrant Mississippi and Humboldt corridors, with quick and easy access to I-5 for commuting throughout Portland and beyond.The home will require repairs and updating and is being sold 'AS IS. Seller is unable to make improvements. Some updates appear to have been completed over time, including the main sewer line, electrical wiring, and plumbing/water lines; however, dates and scope of improvements are unknown. Buyer to verify all information and due diligence.Cash or conventional financing only. Great potential and opportunity in a sought-after Portland location.

4605 N Vancouver Ave | MLS# 560712668

This multi-family property located at 4605 N Vancouver Ave, Portland, OR 97217 is currently listed for sale with an asking price of $489,900. Search Portland real estate on colleendillingham.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: ExteriorEntry, FullBasement, Unfinished
Cooling: None
Fuel Type: Electricity, Gas
Heating: Forced Air, WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $2,623
Year Built: 1890
Square Feet: 1,396

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Square Footage: 344
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Square Footage: 1052
Total Units: 1

Feature Descriptions

Days on Site: 13
Exterior: Lap Siding, Wood Siding
Hot Water: Electricity
Lot: Corner Lot, Level, On Busline
Parking: Garage, OnStreet
Parking Notes: Garage, OnStreet
Sewer: Public Sewer
Special View Info: Territorial
Storage: Attic, Basement
Units: 2
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Harriet Tubman
Elementary School: Boise-Eliot

Listed By / Shown By

Listed By

Agency Name: MORE Realty
Agency Contact: 971-409-2803

Shown By

Agent Name: Colleen Dillingham Broker
Agent Phone: (541) 788-9991
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,838.67 per month $2,477.20 Principal & Interest $218.58 Property Tax $142.89 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 1:58:12 AM EST) or RMLS (last updated Tue 06/02/2026 1:50:19 AM EST) or COAR/MLSCO (last updated Tue 06/02/2026 1:31:18 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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