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Listed by Living Room Realty
$ 1,500,000
Est. payment | /mo
10,264 SqFt
$ 1,500,000
Est. payment | /mo
10,264 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,264 sqft
Price per Sqft $146
Subdivision Ladds Addition
MLS Listing ID 24309638
Year Built 1902
Annual Tax Amount $20,432
Tax Year 2023
Lot Size 10,454 Sqft
Property Description
Discover a rare opportunity to own a piece of history in the charming and walkable Ladd’s Addition neighborhood. This beautifully restored Carpenter Gothic-style church has been meticulously renovated into four unique living units. Offering a perfect blend of historic charm and modern convenience, this is the oldest structure in Ladd’s Addition and is listed on the National Register of Historic Places.Originally built in 1902 as the Mizpah Presbyterian Church and relocated to its current location in 1911, this iconic building features a prominent Basilican bell tower with the original 1888 bell. An addition at the east end was added to the main structure in 1924, and was used for classrooms and meeting rooms. The wood-frame structure showcases mid-1800s design elements, including a prominent entryway staircase, while incorporating modern upgrades that enhance its livability.With very low turnover and strong rental income, this property is an excellent investment. It has been professionally managed and maintained, ensuring peace of mind for the next discerning legacy owner.The recent multi-year renovation project preserved the church’s architectural integrity while integrating essential updates, such as:- Stained glass window restoration (2021-22)- Seismic upgrades for added safety (2016-17)- Exterior paint refresh (2023) & numerous individual unit enhancements. Notable historical features like the 20-foot pews repurposed into railings, staircases, and furniture, add unique character to the living spaces, making this property a true gem in Portland’s rich architectural history. Recorded in the front unit https://www.youtube.com/watch?v=HQyYJhzeDvU&feature=youtu.be
Location
State OR
County Multnomah
Community Alllandscaping, Frontyardlandscaping
Area _143
Zoning R5
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Cooling None
Exterior
Community Features AllLandscaping, FrontYardLandscaping
Roof Type Composition
Garage No
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
