8027 SE 49TH AVE, Portland, OR 97206 - MLS#504031585

Andrew Harris

Broker & Owner | License ID: OR - 201214054; WA - 134588

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Listed by Opt • 503-484-8739
Bought with Like Kind Realty

$ 880,000

Est. payment | -/mo

4,864 SqFt

$ 880,000

Est. payment | -/mo

4,864 SqFt

Key Details

Sold Price $880,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,864 sqft

Price per Sqft $180

Subdivision Arlington Heights

MLS Listing ID 504031585

Sold Date 09/12/25

Year Built 1992

Annual Tax Amount $8,638

Tax Year 2024

Lot Size 10,454 Sqft

Property Description

First offer received.BEST & FINAL TO BE SUBMITTED NO LATER THAN 7PM MONDAY 8/4/25.Sign & submit multiple offer for with offer.OPEN HOUSE SUN 8/3 from 2-4pm.Sunlight, Character & Cash Flow-This Plex Has It All!Step into a timeless Portland duplex that blends charm w/incredible flexibility & income potential. Bursting w/natural light & unique architectural touches, this property is a rare opportunity for owner-occupants, investors, or multi-gen living.Unit 1 spans 1,798sf over 2 flrs & features 3bds, 2bths, AC, gleaming wd flrs, tall ceilings,& a stunning wraparound deck w/trellis. The spacious primary suite opens through French drs to a prvt deck—your own peaceful retreat.This unit is now rent-ready, w/an estimated monthly income of $2,800.Unit 2 offers 1,329 sf across 2 levels, w/2 beds & 2 baths. This unit wows w/architectural charm—a circular staircase, a round space, wd flrs, high ceilings,& yet another sun-drenched wraparound deck.Recently rented for $2,500.Adding even more value is a bonus basement permitted artist studio—ideal for creative work or passive income.This 328sf unit was recently rented for $650 as an apartment, but is probably worth $800.Plus, the shared basement features 1,200sf of clean, high-ceiling storage or expansion potential, a laundry area, & private access for each unit.Whether you're seeking strong rental income, flexible living arrangements,or a unique home w/room to grow—this property checks every box.Come experience the decks,the light, the soul of this beautifully maintained gem.Outside,the oversized 10,940 sq ft lot is bursting w/apple trees,blueberries,grapes,& other native plantings.W/fresh paint inside & out, this property is turn-key & ready to perform.Nestled near Errol Heights Park & the community gardens,it offers a peaceful,garden-like setting w/Walk Score of 57 & easy access to everything Portland has to offer.Whether you're buying for lifestyle,legacy,or leverage—this one is it.Don't just buy a home—secure a future.

Location

State OR

County Multnomah

Community Alllandscaping, Laundry

Area _143

Zoning R5

Rooms

Basement Full Basement, Partially Finished

Interior

Heating Forced Air

Cooling Air Conditioning Ready, Central Air

Exterior

Community Features AllLandscaping, Laundry

View Territorial

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Standard Septic

Water Public Water

Level or Stories 2

Schools

Elementary Schools Lewis

Middle Schools Sellwood

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Regional Multiple Listing Service (RMLS)

+1(503) 504-2369

andrew.c.harris@exprealty.com

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8027 SE 49TH AVE Portland, OR 97206