2535 NE 38TH AVE Portland, OR 97212

This charming 1926 bungalow sits in one of Portland's most sought-after neighborhoods, with easy access to major highways, transit, and nearby parks. Offering 3 bedrooms, 2 bathrooms, and 1,752 sq/ft. The home also includes a fully permitted standalone ADU, built in 2019, making it a truly exceptional find. Inside, original oak hardwood floors and a wood burning fireplace carry warmth and history throughout the main floor, while thoughtful renovations have touched nearly every system and surface. A brand new roof (2026), updated electrical and plumbing, and new windows provide lasting peace of mind — all while preserving the home's charming architectural soul. Both bathrooms have been fully remodeled with care, and a tankless gas hot water heater ensures on-demand efficiency for everyday living. Step outside to the perfectly situated covered deck, complete with a gas fireplace — an ideal space for year-round entertaining or quiet evenings in a serene, private setting.The fully permitted, standalone 288 sq/ft ADU is a standout feature, offering exceptional flexibility for multi-generational living, a long-term rental, or a stylish guest retreat. Complete with a Murphy bed, its own kitchen, and in-unit laundry, it functions beautifully as an independent living space. An extra-deep driveway provides generous off-street parking — a true Portland luxury — and the convenient location puts you close to everything the city has to offer. This is a rare opportunity to own a property with soul, substance, and serious upside. Welcome home.