6516 NE 23rd Ave, Portland, OR 97211

Charming Concordia Bungalow with Modern Upgrades & Energy-Efficient ADU. Tucked away on a picturesque, tree-lined street in the highly sought-after Concordia neighborhood, this beautifully maintained home blends timeless charm with modern updates. This home offers a fantastic investment opportunity in a prime location—just minutes from Alberta Arts, Alberta Park, Kennedy School, and New Seasons Market.Inside, solid hardwood floors flow throughout, enhancing the warm and inviting living spaces. A cozy granite fireplace anchors the living room, while a tropical hardwood bar top and pass-through to the kitchen gives the main level an open and airy feel. The downstairs features 2 additional large bedrooms, laundry room, ample storage space, and full bathroom completed and permitted in 2017. This home also includes an energy-efficient ADU built in 2020, offering incredible flexibility for rental income, guest accommodations, or multigenerational living. Above the garage, this well-designed unit boasts high-end insulation, EnergyStar windows, an LG dual-source electric heat pump, an on-demand gas hot water heater, a custom kitchen with premium appliances, and a loft with exposed glue-lam beams.Below the ADU, the fully insulated and heated garage/workshop provides a versatile space for creative projects, storage, or year-round use. Smart home features include remote-access garage doors and deadbolt locks, adding convenience and security. With a spacious private yard backing to an alley, this home offers a rare blend of comfort, efficiency, and income potential in one of Portland’s most desirable neighborhoods. Whether you’re searching for a primary residence, an investment property, or a home that grows with your needs, this is an opportunity you won’t want to miss! Garage is a heated, insulated/drywalled workshop space. Heatpump for efficient heating and cooling. Built using high-efficiency construction techniques, materials, and systems.See ADU attachment for details of 520 sqft apartment above the garage.