1404 NE Hancock St
Portland, OR 97212
Multifamily Property For Sale · 5 Units

This beautiful classic Mediterranean Revival style building has been lovingly restored while maintaining its unique and original architecture. The apartment complex is located in the historic Irvington neighborhood, just across the river and close in to downtown Portland, nestled among stunning older homes and mature graceful trees. The neighborhood residents maintain their stunning Queen Anne and Craftsman style homes and often open them to community home tours. This apartment complex is just a short stroll away from NE Broadway with an array of restaurants, shops, & various small storefront business and Lloyd Center shopping. These beautiful vintage apartments building consists of four (4)-2 Bedroom and 1 Bath approximately 1300 sqft. and 1 Bedroom 1 Bath unit approximately 800 sqft. Two of the 2-bedroom units have a study/office space/Den and two have Master bedroom Suites. The wrought iron hand railings on the front steps are a new addition. The Juliette balcony above the north entrance was brought up to code with custom designed and made wrought iron railings. Accessible from the second floor, the Juliette balcony is available to be enjoyed by tenants. The front door has the original lead paned glass window, which has been encased to preserve. The entry opens to the two units on the main floor, indoor staircase for upper units. There is a separate entry for the 1 bedroom & 1 Bath unit, laundry area, storage units and basement. Some units recently upgraded with counter tops, paint, kitchen flooring, new fixtures, and all units have refinished sinks & bathtubs. The basement is earthquake retrofitted with bolting and strapping per engineering consultation and plans. The building has new plumbing and the asbestos has been remediated. New gutter and downspouts are connected to new, permitted drains to city sewer, as well as a new sewer line installed. There have been many other upgrades to building, electrical and heating systems. Neighborhood enjoys walk score of 85, bike score 99, transit score 72.