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$780,000
5 Beds 4 Baths 601256874 MLS
The Good Fortune House: When this family lost out on the home of their dreams, they did not settle for a copy. They went straight to the builder and asked for something better: a house that kept the traditional elements they loved but pushed the scale and proportion further. Their version modernized the formal living spaces, and expanded what would traditionally have been compressed rooms, sometimes subtly, sometimes dramatically, to create something even fresher. And why not add a true modern carriage house (fully permitted ADU and detached garage) on this oversized lot. It is designed to read as two homes, sited to make the most of every inch of the property and provide maximum privacy for both. The carriage house ADU is justified to the rear of the lot, while the main home holds a traditional setback from the street. The result is a large, sunny backyard most homes this size cannot offer, plus a coast-to-coast covered front porch that brings the house to life along the street. This home is a real transformer. The detached ADU can serve as a private office, a long-term rental, a mid-term or short-term rental, or a luxury clubhouse for the main house. The first-floor bedroom with full bath allows for a whole other myriad of flex possibilities. However it is used today, it can change with whatever comes next. The permutations of program feel endless. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200588]

8952 N FORTUNE AVE, Portland

$1,079,000
11 Beds 4 Baths 329155175 MLS
Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.

4745 N AMHERST ST, Portland

$350,000
5 Beds 4 Baths 198712609 MLS
Opportunity awaits! Seller is willing to carry financing for 6 to 8 months or consider partnering to complete this amazing project in Portland’s quaint St. Johns. Bring new energy to provide housing density, affordable housing, and/or creative living space. Visions include co-housing, cooperative living, low-income or mission-oriented housing, PadSplit, or single-family home with ADU rental income. Sales price, and all data provided, is for a SINGLE townhome (8527 N Edison). See RMLS #789622051 regarding separate listing for sale of BOTH townhomes. Each home is 2,177 sq ft + 628 sq ft ADU, constructed as mirror images. Originally built in 2001, the homes are to-the-stud remodels with ADU structures added in 2019. Re-design was drafted by EMA Architects (2017), with eco-conscious quality construction by Birdsmouth. Eco-touches include Blue "Glo" windows and green roofs. Townhome is enclosed and weather protected (approximately 50% complete); needs interior and exterior finishing work + mechanical, electrical and plumbing.

8527 N EDISON ST, Portland

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