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36 NE Stanton St, Portland, OR 97212

$1,895,000

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Property Description

Exceptional close-in urban multi-family opportunity featuring four units across three architecturally distinct buildings. This rare offering includes two standalone homes and a thoughtfully designed duplex-ideal for investors or owner-occupants seeking flexibility and strong income potential. The original 1894 cottage blends historic charm with modern updates, offering wood floors, a renovated kitchen, forced-air gas heating, two bedrooms, and one bathroom. Enjoy the convenience of washer/dryer, and a large gated deck, and separate storage space. Privately situated at the rear of the property, the iconic Tower House delivers a unique living experience across four open levels. With flexible living and sleeping configurations, this standout home features concrete floors on the main level, three gas fireplaces, vaulted ceilings, two full bathrooms, central A/C, and a private fenced outdoor space. Fronting Stanton St., the duplex provides clean, modern design. The main-level unit includes two bedrooms, one bathroom, hardwood floors, a gas fireplace, vaulted ceilings in the primary bedroom, full-size washer/dryer, and direct access to private outdoor area from both bedrooms. The upper unit spans the second and third floors, with a spacious open-concept kitchen and dining area with hardwood floors and skylights, plus a refined living room with gas fireplace and patio. The top floor features a primary bedroom with walk-in closet and covered (sleeping) porch for year-round use, a second bedroom, laundry, and a large bathroom with double pedestal sinks, full tub, and separate WC. This one-of-a-kind property combines architectural character, versatility, and exceptional income potential in a prime close-in location. Four off-street parking spaces. Owner pays for property management, pest control, maintenance, and garbage service. Please do not disturb tenants. No weekend showings. Current POF or pre-app letter required before scheduling a showing.

36 NE Stanton St | MLS# 370713955

This multi-family property located at 36 NE Stanton St, Portland, OR 97212 is currently listed for sale with an asking price of $1,895,000. Search Portland real estate on otiscraig.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Air Conditioning Ready
Fuel Type: Gas
Heating: Forced Air
Roof Type: Composition
Taxes: $21,156
Year Built: 2006

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Dishwasher, WasherDryer, WoodFloors
Rent: $2675.00
Square Footage: 960
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Fireplace, Refrigerator, WasherDryer
Rent: $2590.00
Square Footage: 1764
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Fireplace, HardwoodFloors, WasherDryer
Rent: $2425.00
Square Footage: 1148
Total Units: 1
Unit Type 4:
Bathroom(s): 2
Bedrooms: 2
Features: Deck, Fireplace, HardwoodFloors, WasherDryer
Rent: $2600.00
Square Footage: 2012
Total Units: 1

Feature Descriptions

Days on Site: 12
Exterior: Stucco, Wood Siding
Gross Income: $123480.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $100282.00 (Actual)
Operating Expenses: $43404.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 4
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Windermere Realty Trust
Agency Contact: 503-913-0706

Shown By

Agent Name: Otis Craig, Broker
Agent Phone: Cell: (541) 771-4824
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 11,897.86 per month $9,582.15 Principal & Interest $1,763.00 Property Tax $552.71 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 04/06/2026. The listing information on this page last changed on 04/06/2026. 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 Mon 04/06/2026 12:01:07 AM EST) or RMLS (last updated Sun 04/05/2026 11:58:19 PM EST) or COAR/MLSCO (last updated Sun 04/05/2026 11:51:17 PM 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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