3225 SW STEPHENSON ST Pending

Portland,OR 97219

$ 875000

4 Beds

3 Baths

4332 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 4,332 sqft

Price per Sqft $201

Subdivision Arnold Creek / Stephenson

MLS Listing ID 24460062

Style Bungalow, Cottage

Bedrooms 4

Full Baths 3

Year Built 1938

Annual Tax Amount $8,359

Tax Year 2023

Lot Size 0.370 Acres

Property Description

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.

Location

State OR

County Multnomah

Area _148

Zoning R20

Rooms

Basement Exterior Entry, Full Basement, Unfinished

Interior

Interior Features Accessory Dwelling Unit, Laundry, Luxury Vinyl Plank, Separate Living Quarters Apartment Aux Living Unit, Soaking Tub, Tile Floor, Wood Floors

Heating Forced Air

Cooling Window Unit

Fireplaces Number 1

Fireplaces Type Gas

Appliance Dishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Accessory Dwelling Unit, Covered Deck, Deck, Fire Pit, Greenhouse, Porch, R V Boat Storage, Second Residence, Workshop, Yard

Parking Features Converted,TuckUnder

Garage Spaces 2.0

Roof Type Composition

Garage Yes

Building

Lot Description Gentle Sloping, Level, Private, Terraced

Story 2

Foundation Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Stephenson

Middle Schools Jackson

High Schools Ida B Wells

Others

Senior Community No

Acceptable Financing Cash,Conventional,VALoan

Listing Terms Cash,Conventional,VALoan

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