$635,000

Estimated payment $4,112/month

Total Views 8,461
6 Beds
2 Baths
2,234 Sq Ft
$284 Price per Sq Ft

About This Home

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.

Last Listed By

Erica Dagle

Portland's Alternative Inc., Realtors License #200205180 Listed on: 03/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1953

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Gilbert Park Elementary School
  • Alice Ott Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R201474

Community Details

Overview

  • 2 Units
  • Pleasant Valley Subdivision

Building Details

  • Gross Income $39,588
  • Net Operating Income $39,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,575

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1953
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: None
  • Total Bedrooms: 6
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Gilbert Park
  • High School: David Douglas
  • Middle Or Junior School: Alice Ott

Lot Info

  • Zoning: R5A
  • Lot Size: Approx 100x321
  • Parcel #: R201474

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6574.52

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.04
  • Annual Gross Income: 39588.0
  • Property Net Operating Income: 39588.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $635,000 -5.9% $284 / Sq Ft
03/20/2025 03/20/25 For Sale $674,900 -- $302 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Closed $170,740 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 409303174

Regional Multiple Listing Service (RMLS)

APN: R201474