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$950,000

  • Sold
  • Sold
  • Multi-Family
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Elegant, turn of the century, craftsman-style Nob Hill property, currently configured as a 4-unit investment property. Very hard to come by corner location, with strong, commanding street presence. Period leaded glass windows and other features are still present. Two units have fireplaces, three have hardwood floors. Detached one car garage. Strong tenant demand with very low turn-over. Unique chance to purchase this legacy property offered for sale for the first time in over 30 years. Nob Hill, with its picturesque streets and historic buildings, is an extremely desirable neighborhood. This vibrant area of Portland is famous for its very close proximity to NW 23rd and 21st avenue boutiques, acclaimed restaurants and cafés. Two charming neighborhood parks, Wallace Park and Couch Park, are within walking distance. Forest Park, one of the country's largest urban forests, with miles of trails to explore is close by.1231Â NWÂ 25th Ave is more than an investment-it's a chance to be the owner of a beautiful piece of history in an iconic Portland neighborhood. Please do not disturb residents.

Full Property Details for 1231 NW 25th Ave

General

  • Sold For: $950,000
  • Taxes: $11,014 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 365385293
  • Added to Site: 242 day(s) ago

Rental Information

  • Rent Includes: Electricity, Gas, Heat, Sewer, Trash Collection, Water

Additional Information

  • Security/Safety: Fire Escape

Parking

  • Garage: Yes
  • Parking Features: Detached, On Street

Location

  • County: Multnomah
  • Subdivision: NW District
  • Driving Directions: NW Overton St

School Information

  • Midd School District: West Sylvan
  • Elementary School: Chapman
  • Middle School: West Sylvan
  • High School: Lincoln

Community

  • Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air - 90%
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space, Full Basement, Unfinished
  • Roof: Composition
  • Stories/Levels: 3
  • Square Feet: 3,500
  • Year Built: 1900
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Lot Dimensions: 50 x 100
  • Frontage: Paved
  • Lot Features: Corner Lot

Financial Considerations

  • Operating Expenses: $40,948
  • Tax Amount: $11,014.28
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: R171527

Listed by DLA Properties, LLC (503) 746-6322, David Allred (503) 704-3550
Sold by Cascade Hasson Sotheby's International Realty (503) 228-9801, Declan O'Connor

Listing agent

— 1231 NW 25th Ave —

  • David Allred

    DLA Properties, LLC

    503-746-6322

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1231 NW 25th Ave

School District:Portland School District 1j
NameGradesDistance
Chapman Elementary School
1445 Northwest 26th Avenue, Portland, OR 97210
K-50.2 mi
West Sylvan Middle School
8111 Southwest West Slope Drive, Portland, OR 97225
6-83.4 mi
Lincoln High School, Portland, OR
1750 Southwest Salmon Street, Portland, OR 97205
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1231 NW 25th Ave

Date
Details
Price
Change
Source
12/30/2025
Sold
$950,000
-9.52%
MLS
8/12/2025
Price Reduced
$1,050,000
-12.5%
MLS
7/01/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by DLA Properties, LLC (503) 746-6322, David Allred (503) 704-3550
Sold by Cascade Hasson Sotheby's International Realty (503) 228-9801, Declan O'Connor

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Price Reduced near 1231 NW 25th Ave

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Listed by Christie's International Real Estate Evergreen, Andrew Pienovi and Christie's International Real Estate Evergreen, Brian Pienovi
Sold by Avery Bunick Properties, Mary Jo Avery

1231 NW 25th Ave, Portland, OR 97210 (MLS# 365385293) is a Multi-Family property that was sold at $950,000 on December 30, 2025. Want to learn more about 1231 NW 25th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.