8027 SE 49th Ave, Portland, OR 97206
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by:rex buchanan
Office:opt
MLS#:504031585
Source:PORTLAND
Price summary
- Price:$880,000
- Price per sq. ft.:$180.92
About this home
First offer received.BEST & FINAL TO BE SUBMITTED NO LATER THAN 7PM MONDAY 8/4/25.Sign & submit multiple offer for with offer.OPEN HOUSE SUN 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-gen living.Unit 1 spans 1,798sf over 2 flrs & features 3bds, 2bths, AC, gleaming wd flrs, tall ceilings,& a stunning wraparound deck w/trellis. The spacious primary suite opens through French drs to a prvt 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.
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Home facts
- Year built:1992
- Listing Id #:504031585
- Added:14 day(s) ago
- Updated:August 14, 2025 at 05:19 PM
Rooms and interior
- Living area:4,864 sq. ft.
Heating and cooling
- Cooling:Air Conditioning Ready, Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition, Shingle
- Year built:1992
- Building area:4,864 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Cleveland
- Middle school:Sellwood
- Elementary school:Lewis
Utilities
- Water:Public Water
- Sewer:Standard Septic
Finances and disclosures
- Price:$880,000
- Price per sq. ft.:$180.92
- Tax amount:$8,639 (2024)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 14, 2025New listings near 8027 SE 49th Ave
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