6940 N STANFORD Ave, Portland, OR 97203

$899,000 Asking Price

5 beds
4 baths
2,977  sqft
Built in 2018

This 2018 energy-efficient build is centrally located in the coveted University Park neighborhood, only blocks from the picturesque University of Portland campus. The 2,376-square-foot main house contains four bedrooms (or three bedrooms + office), 2.5 bathrooms, and a laundry room. Perfect for the buyer looking for passive income through short/long-term rentals or buyers with many out-of-town guests, the 601-square-foot fully permitted ADU with a separate entrance includes a full kitchen, open living/dining space, a true one-bedroom, and a bathroom. The owner has a successful record as an Airbnb super host; the ADU can potentially generate $30k income per year as a short-term rental. This stylish craftsman home astounds at every turn with an open floor plan combining the living, dining, and kitchen spaces, perfect for day-to-day living and entertaining. The bright & light rooms are ideal for Oregon living and include beamed ceilings and a geometric tile floor-to-ceiling gas fireplace flanked by built-in cabinets. Entertain in the kitchen that flows seamlessly to the dining space and features an island/eat bar, pantry, gas appliances, and double ovens. Escape to the primary suite that features a tray ceiling, heated tile floors in the bathroom, a large balcony, an expansive walk-in closet with an organization system, and a soaking tub. Enjoy the remaining days of warm weather in the fenced-in backyard with a patio and numerous garden beds. The fully paid-off 4.2 kW solar system cuts energy bills in half over the year. With an extremely rare Home Energy score of 9 out of 10, this property is second to none for the environmentally conscious buyer. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232378]


Features & Amenities

Interior

General:
Accessory dwelling unit, Engineered hardwood, High ceilings, Laundry, Quartz, Soaking tub, Tile floor, Wallto wall carpet, Washer dryer
Appliances:
Builtin oven, Dishwasher, Disposal, Free standing gas range, Free standing refrigerator, Island, Microwave, Pantry, Quartz, Range hood, Stainless steel appliance, Tile
Basement:
Exterior entry, Finished, Separate living quarters apartment aux living unit
A/C:
Central air, Mini split
Heating:
Forced air 90, Mini split
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

General:
Cement siding, Stone, Deck, Fenced, Patio, Porch, Yard
Style:
Craftsman
Parking:
Driveway, On street, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
DoublePaneWindows

Location

Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
UNIVERSITY PK, BLOCK 50, LOT 1&2 TL 3202, R674951

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Cascade Hasson Sotheby's International Realty, Declan O'Connor

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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