3762 N Melrose Dr, Portland, OR 97227
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: nathalie mccoll
Office: cascade hasson sotheby's international realty503-420-8650
MLS#:550072091
Source:PORTLAND
Price summary
- Price:$899,000
- Price per sq. ft.:$291.88
About this home
Welcome to the highly sought-after Overlook neighborhood! This stunning 5 bed, 3 bath North Portland home has peek-a-boo river and downtown views right beside Overlook Park. The main house is a 3 bed, 2 bath with beautiful finishes abundant natural light and classic architectural charm. It has hardwood floors, new paint, new furnace (2024), new water heater (2024) and an awesome, fenced yard.It features a fully permitted 2 bed, 1 bath ADU with its own separate entrance, outdoor area, and in-unit laundry for ultimate private convenience. It is a wonderful income property with strong rental history, specific financials available upon request. Sold fully furnished, right down to the kitchen amenities, allowing you to seamlessly continue renting without lifting a finger. Step right outside your front door, enjoy a morning coffee on a spacious deck also leading to your bedroom with a view of the Willamette River and Downtown Portland. You will find expansive green spaces, trails, and the majestic trees of Overlook Park steps away. This beautiful income generating oasis in North Portland’s vibrant Overlook neighborhood is a classic Portland property and an absolute dream for both homeowners and savvy investors. Whether you are looking for a beautiful primary residence with a built-in mortgage helper or a premier investment opportunity in one of Portland's most desirable neighborhoods, this rare property checks every box....
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Home facts
- Year built:1932
- Listing ID #:550072091
- Added:55 day(s) ago
- Updated:July 16, 2026 at 07:55 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Granite, Pantry, Range Hood, Stainless Steel Appliance, Tile
- Basement Description:Full Basement, Unfinished
- Living area:3,080 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Ductless, Forced Air 90+, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:1932
- Building area:3,080 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Level, Light Rail, Private
- Architectural Style:2 Story, Bungalow
- Exterior Features:Deck, Fenced, Guest Quarters, Patio, Second Residence, Yard
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Jefferson
- Middle school:Ockley Green
- Elementary school:Beach
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$291.88
- Tax amount:$9,185 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Ceiling Fan, Double Pane Window(s), Hardwood Floors, Laundry, Tile Floor, Vinyl Frame Windows, Wood Frame Windows
Parking
- Total parking spaces:1
- Parking description:Carport, Driveway
- Garage spaces:1
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