$880,000

8027 Se 49TH Ave, Portland, OR 97206

  • 4,864 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1992
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lewis Elementary School

4401 SE Evergreen St, Portland, OR, 97206

Grades KG-5

0.63 miles away

S

Sellwood Middle School

8300 SE 15th Ave, Portland, OR, 97202

Grades 6-8

1.82 miles away

C

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

2.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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