8027 SE 49TH AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97206
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $180
Subdivision Arlington Heights
MLS Listing ID 504031585
Year Built 1992
Annual Tax Amount $8,638
Tax Year 2024
Lot Size 10,454 Sqft
Property Description
First offer received.BEST & FINAL TO BE SUBMITTED NO LATER THAN 7PM MONDAY 8/4/25.Sign & submit multiple offer for with offer.OPEN HOUSE SUN 8/3 from 2-4pm.Sunlight, Character & Cash Flow-This Plex Has It All!Step into a timeless Portland duplex that blends charm w/incredible flexibility & income potential. Bursting w/natural light & unique architectural touches, this property is a rare opportunity for owner-occupants, investors, or multi-gen living.Unit 1 spans 1,798sf over 2 flrs & features 3bds, 2bths, AC, gleaming wd flrs, tall ceilings,& a stunning wraparound deck w/trellis. The spacious primary suite opens through French drs to a prvt deck—your own peaceful retreat.This unit is now rent-ready, w/an estimated monthly income of $2,800.Unit 2 offers 1,329 sf across 2 levels, w/2 beds & 2 baths. This unit wows w/architectural charm—a circular staircase, a round space, wd flrs, high ceilings,& yet another sun-drenched wraparound deck.Recently rented for $2,500.Adding even more value is a bonus basement permitted artist studio—ideal for creative work or passive income.This 328sf unit was recently rented for $650 as an apartment, but is probably worth $800.Plus, the shared basement features 1,200sf of clean, high-ceiling storage or expansion potential, a laundry area, & private access for each unit.Whether you're seeking strong rental income, flexible living arrangements,or a unique home w/room to grow—this property checks every box.Come experience the decks,the light, the soul of this beautifully maintained gem.Outside,the oversized 10,940 sq ft lot is bursting w/apple trees,blueberries,grapes,& other native plantings.W/fresh paint inside & out, this property is turn-key & ready to perform.Nestled near Errol Heights Park & the community gardens,it offers a peaceful,garden-like setting w/Walk Score of 57 & easy access to everything Portland has to offer.Whether you're buying for lifestyle,legacy,or leverage—this one is it.Don't just buy a home—secure a future.
Location
State OR
County Multnomah
Community Alllandscaping,Laundry
Area _143
Zoning R5
Rooms
Basement Full Basement, Partially Finished
Interior
Heating Forced Air
Cooling Air Conditioning Ready, Central Air
Exterior
Community Features AllLandscaping,Laundry
View Territorial
Roof Type Composition,Shingle
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Standard Septic
Water Public Water
Level or Stories 2
Schools
Elementary Schools Lewis
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://mls.ricoh360.com/74b10afc-7a3b-4a41-b786-ac1370c93ac6