REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Eric Dunphy

[email protected] +1(541) 207-4243

Listed by Living Room Realty

$490,000

Est. payment - /mo

2 Beds

2 Baths

1,680 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $291

Subdivision Creston / Kenilworth

MLS Listing ID 719524365

Style Stories2, Bungalow

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1929

Annual Tax Amount $5,300

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Single Family Residence

Property Description

Tucked into Portland's Creston-Kenilworth neighborhood, this one's got range. Equal parts classic bungalow charm and savvy income-producing opportunity, this versatile property pairs a sunny 2BR/1BA main home with a permitted lower-level ADU studio—all just moments from neighborhood parks, local cafés, popular dining, transit, and the everyday perks that make close-in SE living so appealing. Step into the main home and you'll find all the character you're hoping for: freshly updated hardwood floors, a light-filled living room, and a cozy wood-burning fireplace that anchors the space. Mini split cooling keeps things comfortable year-round, while the thoughtful layout makes everyday living easy.Downstairs, the permitted studio ADU offers a well-appointed full bath and serious flexibility. Whether you're looking for supplemental rental income, a guest retreat, work-from-home separation, or multigenerational living potential, this space is ready to adapt. Both living spaces include separate washer and dryer access, adding convenience and independence for day-to-day living. Outside, a fully fenced yard offers room to relax, garden, or entertain, while the long driveway and detached two-car garage provide plenty of off-street parking and storage. Live in the main home and let the ADU help offset ownership costs, create space for extended living, or add a strong-performing asset to your portfolio. With commercial zoning, a history of long-term tenancy, and an estimated 5.5% cap rate, this is flexibility at its finest. Financials based exclusively on the Property Management firms records, Buyer to verify. A rare close-in SE opportunity with classic character, built-in versatility, and income potential to match. New roof in 2023 and a 10/10 Home Energy Score! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10011023]

Location

State OR

County Multnomah

Area _143

Rooms

Basement Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Ductless, Heat Pump

Cooling Heat Pump

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Range, Range Hood

Exterior

Exterior Feature Covered Deck, Fenced, Garden, Yard

Parking Features Detached

Garage Spaces 2.0

Roof Type Composition

Garage Yes

Building

Lot Description Level, On Busline

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Read Less Info

Regional Multiple Listing Service (RMLS)

Nearby School & Business

Get More Information

Eric Dunphy

+1(541) 207-4243

Agent | License ID: 201220494

Agent License ID: 201220494

4434 SE 26TH AVE Portland, OR 97202

Eric Dunphy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information

Quick Search