OR > Portland > Stephenson
Portland, OR 97219,11604 SW 35TH AVE
Portland, OR 97219,11604 SW 35TH AVE
Portland, OR 97219,11604 SW 35TH AVE
Portland, OR 97219,11604 SW 35TH AVE
Portland, OR 97219,11604 SW 35TH AVE
Portland, OR 97219,11604 SW 35TH AVE
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Nicole Richards

Nicole Richards

+1(503) 886-9156
Listed by MORE Realty • 503-706-4709
$ 860,000
Est. payment | /mo

7 Beds

4.1 Baths

2,618 SqFt

Save
$ 860,000
Est. payment | /mo
Save

7 Beds

4.1 Baths

2,618 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,618 sqft

Price per Sqft $328

Subdivision Stephenson

MLS Listing ID 24429464

Style Stories2, Custom Style

Bedrooms 7

Full Baths 4

Year Built 1989

Annual Tax Amount $11,520

Tax Year 2024

Lot Size 0.510 Acres

Property Description

Park like settings, HUGE Half Acre lot! Charming Adult Foster Care Home with Long-Term Tenant. CUSTOM BUILT excellent SW Portland location. Nestled in a tranquil neighborhood, this property is a hidden gem for investors seeking a reliable income stream. Currently occupied by a long-term tenant, the premises have been successfully operated as an Adult Foster Care Home, ensuring stability and a proven track record of success. Special Layout: Designed to cater to the needs of an Adult Foster Care facility, the property boasts 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Extensive decking all around. Fire suppression system and generator hook-up. Quality remodel w/Newer roof, fiber cement siding, gutters. Vinyl windows, Entry & French Patio doors, laminate flooring & carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! Prime Location: Situated in a serene and accessible area, the property benefits from proximity to essential amenities, including parks, medical facilities, and shopping centers. Excellent Condition: Regular upkeep and maintenance by the current tenant ensure that the property is in excellent condition, ready for continued use as a foster care home or any other purpose you envision. Investment Opportunity: Turnkey Operation: With a stable, long-term tenant already in place, this property offers a turnkey investment opportunity with minimal initial effort. Versatile Potential: Whether you wish to continue its operation as an Adult Foster Care Home or explore other possibilities, this property offers versatile potential to suit your investment goals. Make Your Offer subject to Interior Inspection, providing you the opportunity to thoroughly review the property and confirm its suitability for your needs. Don't miss this unique opportunity to invest in a property with a successful business model and a dependable tenant. Please don't disturb tenant. Photos from previous listing. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]

Location

State OR

County Multnomah

Area _148

Rooms

Basement Daylight, Storage Space, Unfinished

Interior

Interior Features Garage Door Opener, Granite, Laminate Flooring, Laundry, Sprinkler, Tile Floor, Washer Dryer

Heating Forced Air

Cooling Central Air

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

Exterior

Exterior Feature Deck, Yard

Parking Features Attached

Garage Spaces 2.0

Waterfront Description Creek

View Creek Stream, Territorial, Trees Woods

Roof Type Composition

Garage Yes

Building

Lot Description Cul_de_sac, Gentle Sloping, Green Belt, Private

Story 2

Foundation Concrete Perimeter, Pillar Post Pier

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Stephenson

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Nicole Richards

REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000

+1(503) 886-9156

222 Commercial St NE, Salem, OR, 97301

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11604 SW 35TH AVE