3225 3227 SW STEPHENSON ST Pending

Portland,OR 97219

$ 875000

- Bed

- Bath

4394 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,394 sqft

Price per Sqft $199

Subdivision Arnold Creek / Stephenson

MLS Listing ID 24327680

Year Built 1938

Annual Tax Amount $8,359

Tax Year 2023

Property Description

Welcome to this charming duplex offering the space and functionality of a single-family home yet designed with flexibility in mind. This property features the "Main House" with a covered front porch, large side porch, refinished original wood floors, SS appliances, darling open arch kitchen nook as well as 3 bdrms and 2 full baths all on one level. There is also a full, unfinished, walk-out basement under the Main House side, ideal for creating an additional unit, expanding the main house or just loads of storage (Buyer to do their due diligence regarding permitting). Attached side-by-side, with only one wall in common is a cozy one-bedroom, one-bath "Cottage" featuring its own front porch, a gas burning fireplace, large open kitchen and a deep soaking tub. It is also one-level *with stairs to front & back doors. Ideal for extended family, guests, OR owners have successfully rented it out as a furnished short-term rental for $2300/mo with all utilities included. Each unit does have separate utilities & meters. Below the Cottage are two double? garages, coverted into a large workshop, wine room and storage but should be easy to convert back if needed. There is also a circular driveway providing plenty of parking and easy access in and out of the property. With its blend of practicality, rental potential, and room for future expansion, this duplex offers a unique opportunity to create a home that perfectly suits your lifestyle while also providing a great investment opportunity. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10203705]

Location

State OR

County Multnomah

Area _148

Zoning R20

Interior

Heating Forced Air

Cooling Window Unit

Exterior

Garage Spaces 2.0

Roof Type Composition

Building

Lot Description Level, Private, Terraced

Story 2

Foundation Stem Wall

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Stephenson

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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