8027 SE 49TH AVE Open House Save Request In-Person Tour Request Virtual Tour
Portland,OR 97206
OPEN HOUSE
Sun Aug 03, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $180
Subdivision Arlington Heights
MLS Listing ID 504031585
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
Interior
Heating Forced Air
Cooling Air Conditioning Ready, Central Air
Exterior
Community Features AllLandscaping,Laundry
View Territorial
Roof Type Composition,Shingle
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Standard Septic
Water Public Water
Schools
Elementary Schools Lewis
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://mls.ricoh360.com/74b10afc-7a3b-4a41-b786-ac1370c93ac6