- ADDRESS:
- 8027 SE 49TH AVE Portland, OR 97206
- Videos:
- Virtual Tour Print this Listing
- Price:
- $880,000
- Units:
- 2
- Acres:
- 0.24
- Unit 1:
-
3 Bed
2.0 Bath
$2,800/mo
Features: Air Conditioning, Deck, Dishwasher, Hardwood Floors - Unit 2:
-
2 Bed
2.0 Bath
$2,500/mo
Features: Deck, Dishwasher, Hardwood Floors, Refrigerator - MLS#:
- 504031585
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- R5
- Yr Built:
- 1992
- Taxe/yr:
- $8,638.78
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- Forced Air
- Nhood/Bldg:
- Arlington Heights
- View:
- Territorial
- Elem:
- Lewis
- Middle:
- Sellwood
- High:
- Cleveland
- Lot Desc:
- Level
- Area:
- Portland Southeast
- Courtesy of:
- Opt
- Remarks:
- First offer received.BEST & FINAL TO BE SUBMITTED NO LATER THAN 7PM MONDAY 8/4/25. OPEN HOUSE Sunday 8/3 from 2-4pm.Sunlight, Character & Cash Flow-This Plex Has It All!Step into a timeless Portland duplex that blends charm w/incredible flexibility & income potential. Bursting w/natural light & unique architectural touches, this property is a rare opportunity for owner-occupants, investors, or multi-generational living.Unit 1 spans 1,798sf over two floors & features 3 beds, 2 baths, AC, gleaming wood flrs, tall ceilings, & a stunning wraparound deck w/trellis. The spacious primary suite opens through French doors to a private deck—your own peaceful retreat.This unit is now rent-ready, w/an estimated monthly income of $2,800.Unit 2 offers 1,329 sf across 2 levels, w/2 beds & 2 baths. This unit wows w/architectural charm—a circular staircase, a round space, wd flrs, high ceilings,& yet another sun-drenched wraparound deck.Recently rented for $2,500.Adding even more value is a bonus basement permitted artist studio—ideal for creative work or passive income.This 328sf unit was recently rented for $650 as an apartment, but is probably worth $800.Plus, the shared basement features 1,200sf of clean, high-ceiling storage or expansion potential, a laundry area, & private access for each unit.Whether you're seeking strong rental income, flexible living arrangements, or a unique home w/room to grow—this property checks every box.Come experience the decks, the light, the soul of this beautifully maintained gem.Outside, the oversized 10,940 sq ft lot is bursting w/apple trees, blueberries, grapes, & other native plantings. W/fresh paint inside & out, this property is turn-key & ready to perform.Nestled near Errol Heights Park & the community gardens, it offers a peaceful, garden-like setting w/Walk Score of 57 & easy access to everything Portland has to offer.Whether you're buying for lifestyle, legacy, or leverage—this one is it.Don't just buy a home—secure a future.