8027 Se 49TH Ave, Portland, OR 97206
- 4,864 sqft
Multi-Family Home
Built in 1992
10,454sqft lot
—— car garage
$181/sqft
Listed 3 days ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- July 30, 2025 at 05:00AM
- Listing Office:
- Opt : 503-484-8739
- Listing Agent:
- Rex Buchanan : 503-484-8739
- MLS ID:
- 504031585

- Basement: Full basementPartially finished
- A/C: Air conditioning readyCentral air
- Heating: Forced air
This listing courtesy of Rex Buchanan, Opt
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Lewis Elementary School
4401 SE Evergreen St, Portland, OR, 97206
Grades KG-5
0.63 miles away
Sellwood Middle School
8300 SE 15th Ave, Portland, OR, 97202
Grades 6-8
1.82 miles away
Cleveland High School
3400 SE 26th Ave, Portland, OR, 97202
Grades 9-12
2.61 miles away