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Joe Saling

joe@sellingpdxhomes.com +1(503) 910-7364

Listed by Urban Nest Realty

$ 685,000

Est. payment | -/mo

1,974 SqFt

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$ 685,000

Est. payment | -/mo

Save Virtual Tour

1,974 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,974 sqft

Price per Sqft $347

Subdivision Colonial Heights/Hawthorne

MLS Listing ID 695697071

HOA Y/N No

Year Built 1922

Annual Tax Amount $7,666

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Excellent investment opportunity in one of Portland's most in-demand rental markets: half a block from SE Hawthorne. This 1922 Bungalow has been rented as a non-conforming duplex for years with two income-generating units, offering flexibility for an owner-occupant, immediate lease-up, or short-term rental conversion. The lower level complete with kitchenette, is ideal as a guest suite or Airbnb and can rented month-to-month, adding operating flexibility without long-term lease constraints. The garage has been separately rented in the past for an additional income. The property itself is charming, well-maintained, and updated. It features, refinished hardwood floors, updated kitchen with newer appliances, original built-ins, plus a fenced yard, single-car garage, and long driveway for added parking value. A rare combination of location, flexible unit mix, and low-maintenance in a high-demand, walkable neighborhood. 91 Walkscore + 95 Bikescore [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249667]

Location

State OR

County Multnomah

Community Alllandscaping

Area _143

Zoning R5

Rooms

Basement Exterior Entry, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air95 Plus

Cooling None

Exterior

Garage Spaces 1.0

Community Features AllLandscaping

Roof Type Composition

Garage No

Building

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Abernethy

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.zillow.com/view-imx/6b0e6e56-5a32-4a68-a0ae-c0d9d59a6248?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Regional Multiple Listing Service (RMLS)

1536 SE 21ST AVE Portland, OR 97214

Joe Saling

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & BUSINESSES

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1536 SE 21ST AVE

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