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3225 Sw STEPHENSON St, Portland, OR 97219
$875,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
4,332
sqft
Built in
1938
Welcome to an amazing treasure! A cleverly executed, legal duplex that can nonetheless still function as a single-family residence, this property features a "Main House" with covered & side porches, refinished original wood floors, darling open arch kitchen nook along with 3BR and 2BA on one level! Full walk-out basement underneath provides the potential for an additional unit (or expansion of main house living space?) Attached (w/one shared wall) is the cozy 1BR/1BA "Cottage" featuring its own front porch, gas burning fireplace, large open kitchen and deep soaking tub - also all on one level! This adjacent setup works well for extended family, guests, OR as a furnished short-term rental! Current owners have made it an income-generator consistently at $2300/mo. Separate utilities, meters and addresses all in place. Note: 2 double tuck-under garages beneath the Cottage have been converted into a large workshop, wine room and storage; at least one double garage c/b easily converted back. A circular driveway offers plenty of parking and easy access in and out for both sides. The close-in location, easy commute, great schools, flexible floorplan, continued rental income and room for future expansion presented by this duplex offer a unique opportunity to create a residence that can perfectly suit your own lifestyle while also potentially providing a great investment opportunity.
Features & Amenities
Interior
- General:
- Accessory dwelling unit, Laundry, Luxury vinyl plank, Separate living quarters apartment aux living unit, Soaking tub, Tile floor, Wood floors
- Appliances:
- Dishwasher, Disposal, Free standing gas range, Free standing range, Free standing refrigerator, Stainless steel appliance, Tile
- Basement:
- Exterior entry, Full basement, Unfinished
- A/C:
- Window unit
- Heating:
- Forced air
- Fireplace:
- Gas, Fireplace, Fireplaces: 1
- Disability Feature:
- Main floor bedroom bath, Minimal steps, Utility room on main
Exterior
- General:
- Cedar, Accessory dwelling unit, Covered deck, Deck, Fire pit, Greenhouse, Porch, Rv boat storage, Second residence, Workshop, Yard
- Style:
- Bungalow, Cottage
- Parking:
- Driveway, Off street, Parking spaces: 2
Construction
- Roofing:
- Composition
- Windows:
- VinylFrames
- General:
- Stem wall
Location
- Road/Access:
- Paved
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Multnomah
Lot
- Zoning:
- R20, SYLVANIA CREEK, BLOCK 1, LOT 16, INC UND INT TRACT E, R282634
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
Lark and Fir Realty LLC, Heather Jenkins
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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