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514 NE Prescott St, Portland, OR, 97211

$605,000

Home List Price

$7,184*

Closing Credit

0 Baths
1,508 SqFt
$401/SqFt
House

Location

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514 NE Prescott St, Portland$605,000

Buyer Closing Credits

$7,184*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Street Parking
Year Built1950
HeatingForced Air
BasementYes
MLS #24587565
Lot Size0.12 Acres
StatusActive

About 514 NE Prescott St

Charming Duplex in the King Neighborhood – Ideal for Owner-Occupants or InvestorsThis solid duplex, in the heart of the sought-after King Neighborhood, offers a fantastic opportunity for both owner-occupants and investors alike. Each side of this one-level duplex features 2 spacious bedrooms and 1 bathroom, providing comfort and functionality. Each unit also includes a partially finished basement with additional storage or bonus rooms to suit your needs, extra large laundry room, a private backyard, and parking options with both a driveway and on-street parking.One unit has had recent updates and has ADA accessibility, including a walk-in shower, making it move-in ready or perfect for a market-rate rental. Whether you're looking to live in one side and rent the other or expand your investment portfolio, and generate income from both, this duplex offers great value and potential in a thriving neighborhood. Don't miss out on this versatile property!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,508 SqFt

Listing Office:

  • Office Name: Keller Williams Sunset Corridor
  • Office Phone: (971) 361-1763
  • Listing Agent: Laura Mota

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: N. on MLK Blvd,right on NE Prescott

Price Information

Listing Price Info

Price Summary:

  • List Price: $605,000
  • Price Per SqFt: $401/SqFt

Tax Information:

  • Annual Amount: $2,451
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

514 NE Prescott St vs Portland

33 DAYS ON ROCKET

-21 Days

$605,000

+$62.6K More

$401/SqFt

+$85 More

KEY TAKEAWAY

This property is $62.6K more than the Median Sold Price and $85/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24587565

Listing Office:

  • Office Name: Keller Williams Sunset Corridor
  • Office Phone: (971) 361-1763
  • Listing Agent: Laura Mota

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2019Home Sold
$237,500
May 28, 1999Home Sold
$149,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,451$95,960
2018$2,292$90,460
2017$2,197$87,830

History based on county public records data.

Payment Calculator

$3,087

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,880

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-66455
7
/10

  • Dr. Martin Luther King Jr. Elementary School

  • 4906 NE 6th Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-66456
5
/10

  • Kairos Pdx

  • 3635 N Williams Ave

  • 0.54 miles

  • Public Charter Grades KG-5

school-card-donut-66457
10
/10

  • Sabin Elementary School

  • 4013 NE 18th Ave

  • 0.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,787. The most common annual income of people living in Portland, OR is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 NE Prescott St

What is the listing price of this property?

The listing price of 514 NE Prescott St property is $605,000.

What type of property is this?

The property 514 NE Prescott St is a house located in Portland, Oregon, 97211.

Is this property for sale now?

Active Listing: 514 NE Prescott St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,451 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 7, 2019 for $237,500. (source: MLS/tax record).

What is the square footage of this property?

The property 514 NE Prescott St is 1,508 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 NE Prescott St is 1950.

Rocket Homes›Oregon›Multnomah County›Portland›97211›514 NE Prescott St

This home is located at 514 NE Prescott St in Portland, OR and zip code 97211 in the King neighborhood. This 1,508 square foot home, which was built in 1950, sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $605,000.

In November 2024, from all listings sold in Portland, OR there were more than 253 sold above asking price, over 320 sold below and more than 166 were sold right at the asked price. In November 2024 in Portland, OR there were 11.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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