Estimated payment $3,663/month
Mid-Century Gem with Basement Apartment on a fabulous 0.74 Acre Lot!This mid-century home, surrounded by evergreens on a generous lot, features strategic updates with enormous potential for future development. A wood-burning fireplace welcomes you, with a comfortable living area, dining nook overlooking the forest-like backyard, and a recently renovated kitchen including travertine-style flooring, granite countertops, and stainless appliances. The main level includes a primary bedroom with dual closets for easy organization. Three additional bedrooms provide room for family, guests, or office space. A 2021-completed basement apartment has two bedrooms, bonus room, kitchen and bathroom, plus a shared utility space—perfect for multi-generational living. Sound dampening insulation makes it ready for potential duplex or ADU conversion. Other recent improvements include: newer roof, hardy plank siding, furnace, cadet heaters, earthquake retrofit, newer sewer line, and pipes for utility connection extended to yard for potential ADU. Zoning may also allow for cottage clusters—buyers to do their own due-diligence.The property’s grounds feature raised garden beds and mature trees creating an outdoor refuge with plenty of room for entertaining. This home sits in a tranquil, friendly neighborhood just 5 minutes from Powell Butte's hiking trails, I-205, and Clackamas Town Center, and 20 minutes to downtown Portland—blending peaceful living with everyday necessities and urban adventure.
Listing Agent
Portland's Alternative Inc., Realtors License #200205180 Listed on: 03/20/2025
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $6,575 | $267,560 | $0 | $0 |
| 2022 | $5,822 | $253,710 | $0 | $0 |
| 2021 | $5,726 | $246,330 | $0 | $0 |
| 2020 | $5,188 | $239,160 | $0 | $0 |
| 2019 | $5,022 | $232,200 | $0 | $0 |
| 2018 | $4,868 | $225,440 | $0 | $0 |
| 2017 | $4,688 | $218,880 | $0 | $0 |
| 2016 | $4,565 | $212,510 | $0 | $0 |
| 2015 | $4,456 | $206,330 | $0 | $0 |
| 2014 | $4,371 | $200,330 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $569,000 | -5.2% | $255 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $599,900 | -5.5% | $269 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $635,000 | -- | $284 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Ticor Title | |
| Warranty Deed | $130,000 | Ticor Title | |
| Warranty Deed | $130,000 | Ticor Title Insurance Compan |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | New Conventional | |
| Closed | $170,740 | New Conventional |
$675,000
*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at
Jason Kennedy RE/MAX Equity Group
$595,000
*** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available
Jason Kennedy RE/MAX Equity Group
$675,000
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
Nick Shivers Keller Williams PDX Central
$675,000
Charming Duplex with Bonus Basement Unit in the Heart of St. JohnsNestled in the vibrant St. Johns neighborhood, this versatile duplex presents a fantastic opportunity for both homeowners and investors. Each side of the duplex offers 1 spacious bedroom and 1 full bathroom, with light-filled, open-concept living areas that blend comfort and functionality—perfect for families, professionals, or
Rebecca Smith eXp Realty, LLC
$499,000
Multiple opportunities with this duplex property. Investors or owner occupied buyers can take advantage of an updated duplex in a quiet neighborhood near Powell Butte Nature Park and tons of hiking trails. Abundant spaces with washer/dryer in each unit, plenty of parking on a corner large lot. Live in one side and rent the other or place your own tenants in this turn-key property!
Dustin Trump All County Real Estate
$499,000
This stylish, one-level duplex has been recently updated with new electrical panels and a newer roof with multiple new vents. Each unit features sliding glass doors that open to a spacious, private fenced backyard. The .42-acre property offers a versatile 88' x 88' flat, open grassy area—ideal for extensive parking, storage, or potential future subdividing. Interior photos are virtually staged
Kirt Dye John L. Scott
$620,000
Nestled in the Powellhurst-Gilbert neighborhood, this spacious 2-story duplex offers both comfort and opportunity. Sitting on a generous .23-acre lot, the property provides ample space with room for multiple vehicles and a fenced yard.The larger unit is vacant and move-in ready, featuring brand-new carpet and fresh interior paint, making it an ideal choice for a new occupant or investment rental.
Jamie Girvin Coldwell Banker Bain
$595,000
Well maintained duplex in popular Mt. Scott area. Close to park. New roof in 2024. Fenced back yard with decks. Both units have single car garages. 10723 has a garage opener. 7101 has central air conditioning. Listing agent is also the current owner of the property. Do not disturb tenants. Property shown by appointment only. [Home Energy Score = 8. HES Report at
David Bunnell Mal & Seitz
$550,000
Three-Unit Investment totaling 6 beds, 3 baths, and 3,640 SqFt: A rare, income-generating opportunity: this property includes a classic duplex, a detached ADU, and is being sold along with the adjacent lot (MLS: 24148834); offering .24 acres together and excellent flexibility for investors, developers, or multi-generational living. With three rentable units, each with private entrances and access
Steve Brian Living Room Realty
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 409303174
APN: R201474
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