4224 Se 31ST Ave, Portland, OR 97202

$869,000 Asking Price

5 beds
4 baths
1,883  sqft
Built in 1905

Updated Property in SE Portland Perfect for Multi-Generational Living or Rental Income.This beautifully updated property that was taken back to the basic structure of the building and fully remodeled features two separate, fully renovated units in the heart of vibrant SE Portland, offering a great solution for multi-generational living or an excellent rental opportunity.The upstairs unit is a spacious three-bedroom, two-bathroom home with a bright and airy living room, a fully remodeled kitchen with stainless steel appliances, and quartz countertops. The modern updates continue with brand-new bathrooms, fresh drywall, paint, electrical, plumbing, and HVAC systems. A private backyard with a patio provides a perfect space for outdoor relaxation or entertaining.The downstairs unit is a fully permitted ADU with two bedrooms and two bathrooms. It’s been completely remodeled with a sleek kitchen, built-in appliances, and stylish finishes throughout. Like the upstairs unit, it has been updated with new drywall, paint, electrical, plumbing, and HVAC systems, offering a comfortable, modern living space. This unit is perfect for extended family, long-term tenants, or short-term rental opportunities such as Airbnb.Located just two blocks from a local school and within walking distance to restaurants, parks, and shops, this property is ideally situated in one of Portland’s most desirable neighborhoods. Whether you’re looking for a home that accommodates multiple generations or an investment property with rental potential, this updated property offers both flexibility and value.

Features & Amenities

Interior

General:
Laminate flooring, Quartz, Separate living quarters apartment aux living unit
Appliances:
Builtin oven, Dishwasher, Free standing refrigerator, Microwave, Quartz
Basement:
Separate living quarters apartment aux living unit
A/C:
Central air
Heating:
Forced air

Exterior

General:
Wood siding, Patio, Yard
Style:
Traditional
Parking:
Driveway, Parking spaces: 1

Construction

Roofing:
Composition
Windows:
VinylFrames
General:
Concrete perimeter

Location

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

Lot

Zoning:
KENILWORTH, BLOCK 16, LOT 7, R195757

Utilities

Water:
Public water
Sewer:
Public sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Homebase Real Estate Group, Aya Godschalk

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.

Similar Homes

Message

Interested in this home?

Request more information: