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$445,000

Beds
3
Baths
2.0
sq ft
Unknown

236 NE 156th Ave Unit A, Portland, OR 97230

236 NE 156th Ave Unit A

Portland, OR 97230

  • 304 days on market
    • Price drop $15,000↓
2 homes on 1 Lot, both with separately fenced yards and great off-street parking! These 2 homes are located on an oversize lot near the Glendoveer Golf Course, city parks and Davis Elementary School. Grab this investment opportunity and use both homes as rentals, or, live in one home while the rents from the other helps to pay the mortgage!236A is the original 1940's with a great covered front porch and 794 sq.ft. Featuring; 2 bedrooms & one bath, the large living room & dining area flows into the kitchen, which helps create an open feeling throughout the living space. The main floor laundry is a great bonus room with an extra storage closet and plenty of room for a freezer, or design the space into a pantry! Fenced front and backyard with plenty of off street parking out front. This home has post and beam supports with a cinderblock foundation & skirting. 236B is a detached 7 year old ADU built on a concrete foundation. This home is currently rented month to month @ $1500 and renter pays water, sewer, electricity and garbage outside of the specified rent. This 550 sq.ft. detached ADU was built in 2017. It has 1 bedroom & 1 bath, with beautiful finishes, soft close cabinets in the kitchen, stainless steel appliances are included, luxury vinyl plank flooring throughout the home and laundry closet off the bathroom. Live in one home while the rents received from the 2nd home helps pay off your mortgage quicker! Drive by but Do Not Disturb our renters!

Details

Property type

Single Family Residence

Est. home value

$466,640

Lot size

8,276 sq ft

Price per sq ft

Unknown

Year built

1943

Annual property taxes

$4,228.43

HOA

No

Price History

03/29/2025
PortlandOR

PortlandOR #24384632

Removed
$445,000
03/20/2025
PortlandOR

PortlandOR #24384632

Listed
$445,000
03/14/2025
PortlandOR

PortlandOR #24384632

Listed
$445,000

Schools & Community

Neighborhood: 

Glenfair

Elementary school: 

Glenfair

Middle school: 

H.B. Lee

High school: 

Reynolds

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Homexpress Mortgage Corp

Loan start date

February 2020

Original loan amount

$274,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

Martin C Cutshall and The Martin C Cutshall Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/01/2025 at 3:35 PM

Listing updated: 03/29/2025 at 11:46 AM

Listed by: Terri Boughton, Century 21 North Homes Realty Phone #: (503) 652-2260

MLS: PortlandOR #24384632

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