Sold
Last Sold Price
3,454 sqft

4480 SW Pasadena St, Portland, OR 97219

Multi FamilyProperty Type
0.18 acresLot Size
1927Year Built
$213/sq ftPrice per sq ft
4 carsParking Spaces

Description

Massive Price Reduction - Motivated seller! Versatile Duplex with ADU Development Potential on a Private Street. Discover this unique investment opportunity featuring two well-maintained units on a spacious private lot. The main unit offers 2 bedrooms, 1 bathroom, with hardwood floors and an updated kitchen and bath, blending modern comfort with timeless charm. The second unit features 3 bedrooms, 1 bathroom, providing flexibility for rental income or multigenerational living. The property includes...Massive Price Reduction - Motivated seller! Versatile Duplex with ADU Development Potential on a Private Street. Discover this unique investment opportunity featuring two well-maintained units on a spacious private lot. The main unit offers 2 bedrooms, 1 bathroom, with hardwood floors and an updated kitchen and bath, blending modern comfort with timeless charm. The second unit features 3 bedrooms, 1 bathroom, providing flexibility for rental income or multigenerational living. The property includes plans already drawn for an ADU in the basement, opening the door for additional income potential. Infrastructure is ready for easy management, with three separate power meters, two sets of laundry, and separate hot water systems for each unit. Located on a quiet private street, the generous lot offers ample space for gardening, outdoor entertaining, or future expansion. Ideal as a furnished finder rental, owner-occupied duplex, or multi-income investment, this property combines immediate income potential with room to grow or perhaps convert it back to a single family residence for a large family. Lots of improvements, including new kitcken, roof, bathrooms, and more!
  • Listed by: Ron Brister • Soldera Properties, Inc
  • Listed by: Kayla McCaul • Soldera Properties, Inc
Listing closed: 11/07/2025 12:00 AM • Source: RMLS, MLS#: 573400270
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Listing Courtesy of Soldera Properties, Inc

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Payment Calculator

$4,529 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,924

Property Taxes

$605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 4480 Southwest Pasadena Street

Property Details

  • Taxes: $7,263 / year
  • MLS Type: Multi Family
  • Subdivision: WEST PORTLAND PARK
  • Parking Features: Driveway, On Street
  • Zoning: R7
  • Garage Spaces: .00
  • Parking Total: 4.00

Building Information

  • Stories: 3
  • Residences: 2
  • Year Built: 1927
  • Lot Size: 0.18 AC / 7,840 SF

Summary

Location and General Information
  • Country: US
  • Directions: Capitol Hwy to Pomona to SW 45th Ave.
  • Road Surface: Paved
School Information
  • Elementary School: Markham
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,263.46
  • Parcel Number: R302352
  • Tax Legal Description: WEST PORTLAND PK, BLOCK 26, LOT 1-3&9 TL 9400

Property

Lot Information
  • Acres: 0.18
  • Lot Description: Commons, Gentle Sloping, Trees
  • Lot Size Square Feet: 7840.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1927
Utilities
  • Cooling Description: Air Conditioning Ready
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Forced Air95Plus
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None

Interior and Exterior Features

Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement, Partially Finished, Storage Space
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Multi Family

Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $28,800.00
  • Gross Income Projected: $48,000.00
  • Gross Rent Multiplier: $26.04
  • Investor Information: According To Owner
  • Net Income Actual: $28,800.00
  • Net Income Projected: 48000
  • Operating Expenses Projected: $7,264.00
  • Operating Expense: $7,264.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3454
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Washer Dryer
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 1161.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Disposal, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 1161.0
  • Unit Type 2 Units Total: 1

Property History for 4480 Southwest Pasadena Street

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Sold (Public Record)

Public Record #1918316737

$735,000

+7.1% / yr

Sep 8, 2017

Sold (Public Record)

Public Record #604809534

$420,000

+11.7% / yr

Mar 8, 2013

Sold (Public Record)

Public Record #348785414

$255,000

-3.3% / yr

DateEvent & SourcePrice
11/03/2025

Sold (Public Record)

Public Record #1918316737

$735,000

+7.1% / yr

09/08/2017

Sold (Public Record)

Public Record #604809534

$420,000

+11.7% / yr

03/08/2013

Sold (Public Record)

Public Record #348785414

$255,000

-3.3% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4480 Southwest Pasadena Street

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2025

$7,534 ($628 / month)

Home Facts

Baths

2

Total Finished SqFt

2,088 SqFt

Above Grade Finished SqFt

2,088 SqFt

Stories

1

Lot Size

7,964 SqFt

Style

Duplex

Year Built

1927

Year Renovated

1927

Zoning

R7

County

MULTNOMAH

APN

R302352

Schools near 4480 Southwest Pasadena Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Markham Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Portland Village School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Soldera Properties, Inc

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 11/07/2025 12:30 PM