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Listed by Premiere Property Group, LLC

$579,000

Est. payment - /mo

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3 BD

2 BA

1,263 SqFt

Active

4404 SE 63RD AVE Portland, OR 97206

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Ward Spears

ward.spears@eleetere.com +1(503) 522-8269

UPDATED:

02/28/2025 12:11 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,263 sqft

Price per Sqft $458

MLS Listing ID 120804631

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1952

Annual Tax Amount $5,441

Tax Year 2024

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

This exceptional property offers incredible income potential, with a Mid-Mod main home built in 1952, and a modern detached ADU built in 2018, located in HOT Foster-Powell. Currently operating as a desirable & highly profitable short-term rental, it also presents opportunities for medium or long term rental as well – or the perfect setup to live in one unit while offsetting your mortgage with rental income. The front unit has been fully renovated and features two bedrooms, one bathroom, refinished hardwoods and stylishly updated kitchen & bath. A spacious covered patio lets you enjoy the outdoors year-round and allows privacy for residents. The second unit, has a modern feel with stunning vaulted ceilings and huge windows that flood the space with natural light. It includes one bedroom, one bathroom, a loft, a designer eat-in kitchen with quartz countertops and built-in seating. A spa-like bathroom features a glass enclosed walk-in shower. Ideal location around the corner from the vibrant Foster strip, featuring all your favorite coffee shops, bars, food carts and much more in bustling FoPo! A truly versatile and high potential property! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236154]

Location

State OR

County Multnomah

Area _143

Interior

Interior Features Ceiling Fan, Hardwood Floors, Laundry, Vinyl Floor, Washer Dryer

Heating Forced Air

Appliance Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance

Exterior

Exterior Feature Accessory Dwelling Unit, Covered Patio

Roof Type Composition

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Arleta

Middle Schools Kellogg

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

+1(503) 522-8269

ward.spears@eleetere.com

449 3rd St, Oswego, OR, 97034