Active

5109 NE 11TH AVE

Portland OR, 97211

$824,900


$260.71 per sqft

Active

3 Beds

2 Baths

3,164 sqft

Multi-family

Built in 1912

Courtesy of Coldwell Banker Bain

Priced below assessed value! Nestled in Portland's coveted Alberta Arts District, this Craftsman-style gem is just waiting for it's new owner! This amazing property has endless opportunities! Main level living complete with 3 bedrooms and 1 bathroom, brand new LVP flooring throughout main, drenched in natural light with high ceilings and ample space, access to laundry, storage and backyard. The lower level is a fully permitted ADU featuring 3 bedrooms and 1 full bathroom with it's own entrance and shared yard space. The upstairs is a remodeled, furnished loft studio complete with open railing staircase, vaulted ceilings with skylights, a kitchenette and full bathroom with a/c! This home has amazing income producing potential in a thriving neighborhood where everyone loves to live! This would also be the perfect "House Hack" for a savvy buyer looking for opportunity! Live in 1 one of the units and rent out the other spaces! This property is situated in a low tax district which is just icing on the cake for this home! Don't miss this opportunity to own a piece of Portland history in one of the city's most desirable neighborhoods. Schedule your showing today and experience urban living at its finest with a walk score of 95 and a bike score of 100!

24427312

MLS ID

June 13, 2024

Listed

September 7, 2024

Updated

Map

5109 NE 11TH AVE
Portland OR, 97211

Interior Features

Total Stories

3


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Corner Lot, Level, On Busline


Roof

Composition


Sewer

Public Sewer

School Information

High School

Jefferson


Elementary School

MartinL King Jr

Other Property Details

Area Name

_142


Taxes

$4,319


Tax Frequency

Annually


Days on Market

86


Garage

No


Parking

Driveway, On Street


Parking Total

1


View

No


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

R2.5

Listing History

Date

Event

Price

9/6/2024

Price change

$824,900

-3%

Listing Courtesy of Coldwell Banker Bain, Ariana Watson. 360-903-3505

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than RE/MAX Northwest are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 9/7/2024, 8:38 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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