5238 N PRINCETON St, Portland, OR 97203

$569,000 Asking Price

3 beds
1 bath
2,268  sqft
Built in 1925

This spacious corner lot home offers abundant natural light, modern updates aligned with its original charm, and the potential to create a completely private income-generating ADU—all just minutes from the University of Portland.The home is full of character, starting with a cozy front porch overlooking the park, perfect for enjoying your morning coffee. Inside, you'll find an updated kitchen and bathroom, along with a charming breakfast nook bathed in natural light. The large flex space and bedroom upstairs offer endless possibilities, while the two spacious bedrooms on the main floor provide comfortable living. Plus, with updated plumbing and electrical systems, you can enjoy peace of mind with modern amenities.The backyard feels like a peaceful retreat, surrounded by a lush hedge that creates a secluded space ideal for unwinding or entertaining. It's also perfect for gardening enthusiasts, featuring raised garden beds ready for your favorite flowers or vegetables. The detached garage, tucked away at the back of the property off an alley, offers great potential for conversion into an ADU. By adding a fence or hedge along the future ADU, you could create a completely private home with a separate rental unit—an excellent opportunity for additional income, especially for those connected to the nearby University of Portland.


Features & Amenities

Interior

General:
Hardwood floors, Wood floors
Appliances:
Dishwasher, Disposal, Free standing range, Free standing refrigerator, Pantry, Stainless steel appliance
Basement:
Full basement, Unfinished
A/C:
Central air
Heating:
Forced air
Fireplace:
Gas, Fireplace, Fireplaces: 1
Disability Feature:
Main floor bedroom bath, Natural lighting

Exterior

General:
Lap siding, Wood siding, Fenced, Garden, Patio, Raised beds, Security lights, Yard
Style:
Bungalow
Parking:
Driveway, Off street, Parking spaces: 1

Construction

Roofing:
Composition
Windows:
WoodFrames
General:
Concrete perimeter

Location

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

Lot

Zoning:
R5, UNIVERSITY PK, BLOCK 51, LOT 1, W 1/2 OF LOT 2, R291892
View:
View

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Windermere Realty Trust, Beth Bonita

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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