Listing provided courtesy of Better Homes & Gardens Realty- MLS# 358399337MLS Provider

12923 NE PRESCOTT DRPortland, OR 97230

Multi-Family · 1,768 Sq. ft. | 0.06 Acres
$407,000 Pending

12923 NE PRESCOTT DR Overview

Time on Site:
45 days
Visits:
1

Live in one unit and let the other help pay your mortgage in this stylish, move-in-ready duplex located in the desirable Argay Terrace neighborhood. With no HOA and flexible living options, this property is perfect for owner-occupied buyers, multi-generational living, or investors seeking strong rental potential.The vacant upper townhouse-style unit is filled with natural light and offers a spacious, functional layout with separate living, dining, and kitchen areas, two generously sized bedrooms, and 1.5 bathrooms. Recent upgrades include a new fireplace, thermostat, and hot water heater, creating a modern and comfortable living experience. A detached garage adds extra convenience and storage.The lower-level unit is occupied. Features a spacious one-bedroom, one-bath layout with an open-concept design ideal for easy ground-level living.Both units have been exceptionally maintained and include stainless steel appliances, washer/dryer hookups, and private outdoor spaces. Conveniently located just minutes from PDX Airport, Cascade Station, Costco, Glendoveer Golf & Tennis Center, parks, shopping, and dining.Whether you are looking to offset your mortgage, create long-term wealth, or accommodate extended family, this rare duplex opportunity offers flexibility, comfort, and income potential in one of Northeast Portland's most convenient locations.

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12923 NE PRESCOTT DR Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,768
  • Price/Sq.ft. $230
  • Lot 0.06 Acres

Details

General

School Information

  • Elementary School: Shaver
  • Middle Or Junior School: Parkrose
  • High School: Parkrose

Income/Expenses

  • Gross Income: 38160.0
  • Net Operating Income: 28307.0
  • Operating Expense: 9109.0

Building Information

  • Year Built: 1997

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: ARGAY TERRACE

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 5961.42
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: R249743
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: CM1

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 1768.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Zoned
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Garage,On Street
  • Parking Total: 1.0

Lot Information

  • Lot Size Square Feet: 2613.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

12923 NE PRESCOTT DR Neighborhood

Community

97230 (Gresham) Demographics

40
Median Age
2,095
Population Density (per sq. mile)
35%
College Educated
$58,276
Estimated Median Income
9,552
Estimated Total Home Owners
5,774
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12923 NE PRESCOTT DR Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12923 NE PRESCOTT DR Market Data

Based on the last 30 days in this zip code

$441,610
Average List Price
$261
Average Price per Square Foot
39
Properties Sold
92
Average Days on Market
171
Properties for Sale
Calculations provided by Reliance Network

12923 NE PRESCOTT DR History

Date Event Value Agent
5/18/2026Source: Regional MLS Status Change
Pending
5/16/2026Source: Regional MLS Added to Database
May 16, 2026