3225 SW STEPHENSON ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97219
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,332 sqft
Price per Sqft $201
Subdivision Arnold Creek / Stephenson
MLS Listing ID 24460062
Style Bungalow, Cottage
Bedrooms 4
Full Baths 3
Year Built 1938
Annual Tax Amount $8,359
Tax Year 2023
Lot Size 0.370 Acres
Property Description
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.
Location
State OR
County Multnomah
Area _148
Zoning R20
Interior
Heating Forced Air
Cooling Window Unit
Fireplaces Number 1
Fireplaces Type Gas
Exterior
Exterior Feature Accessory Dwelling Unit, Covered Deck, Deck, Fire Pit, Greenhouse, Porch, R V Boat Storage, Second Residence, Workshop, Yard
Garage Converted,TuckUnder
Garage Spaces 2.0
Roof Type Composition
Building
Lot Description Gentle Sloping, Level, Private, Terraced
Story 2
Foundation Stem Wall
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Stephenson
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing Cash,Conventional,VALoan
Listing Terms Cash,Conventional,VALoan