519 VERMONT ST, Portland, OR 97239

$839,900
5
BD
3
BA
3,718
SqFt

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List Price
$839,900
Price Change
▼ $50,000 1776312458
Days on Market
202
Status
ACTIVE
MLS#
313057604
Bedrooms
5
Bathrooms
3
Partial Bathrooms
2
Living Area
3,718
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills

Property Description

Two homes on one tax lot in Portland's John's Landing corridor is not a common inventory event. In this zip code, that structure rarely surfaces. This is a real window of opportunity.The primary residence runs 2,600-plus square feet across three levels. Main floor delivers hardwood, a gas fireplace, and 20-foot ceilings with floor-to-ceiling windows. Primary suite is on the main level, ensuite with walk-in shower. Two additional ensuite bedrooms and a dedicated office upstairs. The rooftop terrace has unobstructed territorial views and a direct Mt. Hood sightline.The corner structure is a fully separate 1,100-square-foot, two-bedroom, one-bath residence with independent access. This is not a basement conversion. It is a standalone second home on the same RM1-zoned tax parcel, which carries real implications for financing strategy and long-term asset flexibility.OHSU's main campus is under one mile via Terwilliger. South Waterfront tram terminus is under 10 minutes. Willamette River trail access is direct. I-5 via Barbur puts downtown Portland under 8 minutes off-peak.At $839,900 across 3,718 square feet of livable space in two structures, the blended cost is $226 per square foot. Factor in the income offset capacity of the second unit and the data-driven value becomes operational, not speculative.This asset is built for a long-term ownership strategy. If that fits your objective, contact your agent before the next price adjustment resets the conversation.

Additional Information

Tax Amount
$11,786
Year Built
1993
High School
Ida B Wells
Elementary School
Capitol Hill
Middle School
Jackson
Fireplaces Total
1
Garage Spaces
2
Garage Type
Carport
Living Area
3,718
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Gas
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Shingle
Sewer Description
Public Sewer
Style
2 Story, Modern
View
Mountain(s), Territorial
Parking
Carport, Driveway
Parking Description
Carport, Driveway
Road Surface
Concrete, Paved
Exterior Features
Deck, Patio, Second Residence
Interior Features
Accessory Dwelling Unit, High Ceilings, Laundry, Tile Floor, Washer/Dryer, Wood Floors
Kitchen Appliances
Cooktop, Dishwasher, Free-Standing Refrigerator, Microwave, Tile

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