Bought with Premiere Property Group, LLC
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Key Details
Sold Price $510,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,388 sqft
Price per Sqft $213
Subdivision Argay Terrace
MLS Listing ID 377267122
Sold Date 09/30/26
Style Daylight Ranch
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1962
Annual Tax Amount $6,600
Tax Year 2025
Lot Size 0.260 Acres
Property Sub-Type Single Family Residence
Property Description
Beautifully Updated Family Home in Quiet Argay Terrace! Welcome to this nicely updated home in Portland's desirable Argay Terrace neighborhood. The main level offers bright, open living with a skylit kitchen and built-in breakfast bar as well as three comfortable bedrooms and two bathrooms. Warm, inviting and move-in ready, it's a home designed for comfortable everyday living. Major recent improvements include a new roof, new electrical panel, a new kitchen & a new bath as well as numerous interior updates mean you can move in with confidence while enjoying the charm of this established neighborhood. Situated on a spacious corner lot with mature landscaping, the property also offers generous outdoor spaces with fenced backyard, ample parking and convenient access to parks, schools, shopping, I-84 and Portland International Airport (PDX). Designed for Multigenerational Living. The lower level offers two separate living spaces, each with its own private entrance, creating a rare level of flexibility. Whether you're welcoming parents, adult children, or an extended family, everyone can enjoy their own space, come and go independently, host guests and maintain their own routines while remaining just steps away when it matters most. It's the kind of multigenerational layout increasingly in demand and is in short supply. If multigenerational living isn't your immediate need, this flexible space can generate rental income (downstairs currently rented for approximately $2,100 per month). Alternatively, use the space for Airbnb, accommodate long-term guests, create a home office, or simply enjoy the extra room. The possibilities are endless. This is a beautifully updated family home with exceptional flexibility and built-in income potential — an increasingly rare opportunity in today's market. PROPERTY VACANT BY CLOSE.
Location
State OR
County Multnomah
Area _142
Zoning R7
Rooms
Basement Daylight
Interior
Interior Features Skylight, Washer Dryer
Heating Forced Air
Cooling Wall Unit
Fireplaces Number 2
Fireplaces Type Wood Burning
Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator
Exterior
Exterior Feature Covered Patio, Deck, Fenced, Guest Quarters, Patio, Public Road
Parking Features Attached
Garage Spaces 2.0
Roof Type Composition
Garage Yes
Building
Lot Description Corner Lot, Gentle Sloping
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Shaver
Middle Schools Parkrose
High Schools Parkrose
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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