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8027 Se 49th Ave, Portland, OR 97206

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For Sale

$880,000

4,864 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $180.92
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

OPEN HOUSE Sunday 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-generational living.Unit 1 spans 1,798sf over two floors & features 3 beds, 2 baths, AC, gleaming wood floors, tall ceilings, & a stunning wraparound deck w/trellis. The spacious primary suite opens through French doors to a private deck your own peaceful retreat. Previously owner-occupied, this unit is now rent-ready, w/an estimated monthly income of $2,800.Unit 2 offers 1,329 sf across two levels, w/2 beds & 2 baths. This unit wows with architectural charm a circular staircase, a round space, wood floors, 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. With 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 with a Walk Score of 57 & easy access to everything Portland has to offer.Whether you're buying for lifestyle, legacy, or leverage this one checks every box.Don't just buy a home secure a future.
MLS# 504031585

Courtesy Of Opt Real Estate

(503) 908-4908

Open Houses

August

3

Sunday

In Person

Sunday, August 3, 2025

2:00PM - 4:00PM

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Heating System
    Forced Air
  • Lot Size
    0.24 Acres
  • Rooms
    Basement
  • View Type
    Territorial

Map and Directions

Directions to 8027 Se 49th Ave, Portland, OR 97206

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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