- ADDRESS:
- 5318 SE OGDEN ST Portland, OR 97206
- Videos:
- Virtual Tour Print this Listing
- Price:
- $625,000
- Units:
- 2
- Acres:
- 0.32
- Unit 1:
-
2 Bed
1.0 Bath
$2,300/mo
Features: Air Conditioning, Dishwasher, Storage, Washer/Dryer - Unit 2:
-
1 Bed
1.0 Bath
$1,775/mo
Features: Air Conditioning, Refrigerator, Storage, Washer/Dryer - MLS#:
- 543973102
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- R5
- Yr Built:
- 1924
- Taxe/yr:
- $4,747.75
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- Heat Pump, Mini Split
- Nhood/Bldg:
- BRENTWOOD DARLINGTON
- Elem:
- Llewellyn
- Middle:
- Sellwood
- High:
- Cleveland
- Lot Desc:
- Level, Private
- Area:
- Portland Southeast
- Courtesy of:
- Stellar Realty Northwest
- Remarks:
- Welcome to this charming multi-family home in one SE Portland's most desirable & walkable neighborhoods! In addition to the main home & fully permitted ADU apartment, there are two shops, & a tiny house space w/water & electricity. This property generates over $5000 per month in income, w/multiple rental sources on one lot. Option to live in one space & rent the others, enjoy multi-generational or communal living, or rent it all out. House & ADU were renovated from studs out in 2018, including new plumbing, electrical, water line, water heater, insulation, high efficiency heat & A/C, flooring, Milguard windows, & more. New 40-year roof in 2016, ext. paint in 2019, & int. paint in 2025. Unit A has an open floor plan, vaulted ceilings & pull-down ladder to bonus attic space, & unit B is an open & bright studio w/a large laundry/utility room. Each has its own washer/dryer & plenty of storage. The 1/3 acre fenced lot is tranquil, private, & an urban farmer's dream, complete w/huge deck & patio cover, many seating areas, two firepits, large deck, greenhouse, plum, cherry, & fig trees, blackberries, blueberries, strawberries, & tons of raised garden beds. The tiny house on wheels space currently rented (tiny house not included in sale), & two shops w/electrical panels (one being used as a guest space w/sleeping loft). You can't beat this location, walking distance to Woodstock shops, restaurants, food carts, parks, nature trails, & groceries. Minutes to Sellwood, Reed College, Westmoreland, & Eastmoreland Golf Course, & quick access to Downtown PDX. 75 walk score & 98 bike score make getting anywhere you want to go a breeze. Whether you're looking for a place to call home or a one-of-a-kind investment opportunity, this property offers incredible potential. City says middle housing lot division is possible, w/options to add a duplex, triplex, fourplex, or up to 16 cottage cluster homes. Must see this one! Buyer to verify all zoning/usage. Owner is a licensed OR Realtor.