5109 NE 11TH AVE Pending

Portland,OR 97211

$ 799900

- Bed

- Bath

3164 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,164 sqft

Price per Sqft $252

Subdivision King / Alberta Arts

MLS Listing ID 24427312

Year Built 1912

Annual Tax Amount $4,319

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

Priced below assessed value! Nestled in Portland's coveted Alberta Arts District, this Craftsman-style gem is just waiting for it's new owner! This amazing property has endless opportunities! Main level living complete with 3 bedrooms and 1 bathroom, brand new LVP flooring throughout main, drenched in natural light with high ceilings and ample space, access to laundry, storage and backyard. The lower level is a fully permitted ADU featuring 3 bedrooms and 1 full bathroom with it's own entrance and shared yard space. The upstairs is a remodeled, furnished loft studio complete with open railing staircase, vaulted ceilings with skylights, a kitchenette and full bathroom with a/c! This home has amazing income producing potential in a thriving neighborhood where everyone loves to live! This would also be the perfect "House Hack" for a savvy buyer looking for opportunity! Live in 1 one of the units and rent out the other spaces! This property is situated in a low tax district which is just icing on the cake for this home! Don't miss this opportunity to own a piece of Portland history in one of the city's most desirable neighborhoods. Schedule your showing today and experience urban living at its finest with a walk score of 95 and a bike score of 100!

Location

State OR

County Multnomah

Community Commons,Laundry

Area _142

Zoning R2.5

Rooms

Basement Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air

Cooling Wall Unit

Exterior

Community Features Commons,Laundry

Roof Type Composition

Parking Type Driveway, On Street

Garage No

Building

Lot Description Corner Lot, Level, On Busline

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Martinl King Jr

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Acceptable Financing Cash,Conventional,VALoan

Listing Terms Cash,Conventional,VALoan

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