OR > Portland
Portland, OR 97211,6920 NE 27TH AVE
Portland, OR 97211,6920 NE 27TH AVE
Portland, OR 97211,6920 NE 27TH AVE
Portland, OR 97211,6920 NE 27TH AVE
Portland, OR 97211,6920 NE 27TH AVE
Portland, OR 97211,6920 NE 27TH AVE
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MORE Realty

MORE Realty

+1(877) 344-6673
Listed by Vantage Point Brokers, LLC
$ 899,000
Est. payment | /mo

4 Beds

2.1 Baths

2,195 SqFt

Save Virtual Tour
$ 899,000
Est. payment | /mo
Save Virtual Tour

4 Beds

2.1 Baths

2,195 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,195 sqft

Price per Sqft $409

MLS Listing ID 24698662

Style Stories2, Mid Century Modern

Bedrooms 4

Full Baths 2

Year Built 1954

Annual Tax Amount $4,243

Tax Year 2023

Lot Size 6,098 Sqft

Property Description

This stunning Mid-Century Modern home is situated on a prime corner lot, zoned for additional ADU structures, offering a unique layout and incredible potential for expansion. The property includes two usable basements, perfect for building two additional units. The yard has been professionally leveled and is ready for construction. Key Features: • Complete Renovation: The entire home has been remodeled with brand new electrical, plumbing, ceilings, floors, fixtures, and windows, ensuring a modern and worry-free living experience. • Main Floor: Boasts high vaulted ceilings with exposed beams, large windows, and an open-concept layout featuring hardwood floors, custom built-ins, and a beautifully remodeled kitchen designed for versatility and style. • Finished Basement: Serves as a luxurious master suite with a separate entrance and laundry, making it ideal as a private ADU or guest living quarters. Rental Income: • Upper Unit: Currently rented for $2,800 per month • Lower Unit: Rented for $2,200 per month With a 5.1% cap rate and a net profit of $48,000, this property represents an excellent investment opportunity. The upper backyard is a retreat in itself, complete with wood decking and two gazebos—perfect for outdoor entertaining. Furniture is negotiable per the seller. This is a must-see property with significant potential for additional income and expansion. Please refer to the private remarks for more detailed information.

Location

State OR

County Multnomah

Area _142

Zoning RSA

Rooms

Basement Finished

Interior

Interior Features Hardwood Floors, Laminate Flooring, Laundry, Vinyl Floor, Washer Dryer

Heating Forced Air95 Plus, Wood Stove

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Refrigerator, Gas Appliances, Island, Microwave, Pantry

Exterior

Exterior Feature Fenced, Gazebo, Patio, Porch, R V Parking, Yard

Roof Type Flat,Membrane

Parking Type Off Street, R V Access Parking

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Faubion

Middle Schools Faubion

High Schools Jefferson

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)
agent-avatar

+1(877) 344-6673

info@morerealty.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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6920 NE 27TH AVE

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