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$875,000

Beds
4
Baths
3.0
sq ft
4,332

3225 SW Stephenson St, Portland, OR 97219

3225 SW Stephenson St

Portland, OR 97219

  • 81 days on market
Welcome to an amazing treasure! A cleverly executed, legal duplex that can nonetheless still function as a single-family residence, this property features a "Main House" with covered & side porches, refinished original wood floors, darling open arch kitchen nook along with 3BR and 2BA on one level! Full walk-out basement underneath provides the potential for an additional unit (or expansion of main house living space?) Attached (w/one shared wall) is the cozy 1BR/1BA "Cottage" featuring its own front porch, gas burning fireplace, large open kitchen and deep soaking tub - also all on one level! This adjacent setup works well for extended family, guests, OR as a furnished short-term rental! Current owners have made it an income-generator consistently at $2300/mo. Separate utilities, meters and addresses all in place. Note: 2 double tuck-under garages beneath the Cottage have been converted into a large workshop, wine room and storage; at least one double garage c/b easily converted back. A circular driveway offers plenty of parking and easy access in and out for both sides. The close-in location, easy commute, great schools, flexible floorplan, continued rental income and room for future expansion presented by this duplex offer a unique opportunity to create a residence that can perfectly suit your own lifestyle while also potentially providing a great investment opportunity.

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$202

Year built

1938

Annual property taxes

$8,359.33

Price History

09/01/2024
PortlandOR

PortlandOR #24460062

Removed
$875,000
08/24/2024
PortlandOR

PortlandOR #24460062

Listed
$875,000
08/16/2024
PortlandOR

PortlandOR #24460062

Listed
$875,000

Schools & Community

Neighborhood: 

Arnold Creek

Elementary school: 

Stephenson

Middle school: 

Jackson

High school: 

Ida B Wells

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Status: Active

Tomo last checked: 11/05/2024 at 8:30 AM

Listing updated: 10/15/2024 at 11:07 AM

Listed by: Heather Jenkins, Lark and Fir Realty LLC Phone #: (503) 977-7776

MLS: PortlandOR #24460062

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