1116 SE Stephens St,Portland, OR 97214
Portland, OR 97214
Description
Fully permitted ADU ready to earn you income while you build equity! Lives like a duplex! Exceptional opportunity in the heart of Ladd's Addition, ideally situated between the vibrant shops, restaurants, and cafes of both Division and Hawthorne. Fully remodeled and thoughtfully designed for flexible living, this unique property offers options for owner-occupants, investors, multi-generational households, shared ownership, or house hackers looking to offset expenses. The main residence features an open, beautifully remodeled kitchen centered around a large island, creating an inviting space for cooking, gathering, and entertaining. The main-level primary suite serves as a private retreat, featuring a beautifully remodeled bathroom with a soaking tub and oversized walk-in shower, while the finished lower level includes two additional bedrooms and a full bathroom. A separately accessed, fully permitted studio ADU offers its own kitchen, bathroom, private entrance, and laundry hookups, creating excellent potential for rental income, guest accommodations, home office space, or independent living. One of the property's most unique features is its flexibility. Depending on a buyer's needs, the main-level living space can function comfortably on its own, while the lower level and ADU create opportunities for additional living, guest, or income-producing arrangements. Whether you're looking for an income-producing property, a place to share with friends or family, or a home that can adapt to changing needs over time, this property offers a rare combination of versatility and location in one of Portland's most beloved neighborhoods.
Details
| MLS # | 204852719 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 99 |
| Listing Provided By | Keller Williams Realty Professionals | Beth Nelsen |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,020 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Heating | Ductless, Mini Split |
|---|---|
| Heating Yn | Yes |
| Cooling | Mini Split |
| Cooling Yn | Yes |
| Interior Features | Accessory Dwelling Unit, Hardwood Floors, Luxury Vinyl Plank, Separate Living Quarters Apartment Aux Living Unit, Soaking Tub |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Disposal, Free Standing Range, Island, Tile |
Exterior
| Exterior Features | Accessory Dwelling Unit, Fenced, Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Concrete Perimeter, Slab |
| Lot Features | Level |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Street |
Taxes
| Property | 4219 |
|---|
Area Information
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97214 |
| Community Name | LADD'S ADDITION |
| School District | Cleveland |
| Elementary School | Abernethy |
| High School | Cleveland |
| Listing VS Median (in LADD'S ADDITION) | |
Price: $660,000 low | high Med: $619,444 sqft: 2,020 low | high Med: 1,790 $ / sqft: $327 low | high Med: $349 On site: 99 low | high Med: 50.5 | |
Market Activity 97214
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Learn More About This Property
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97214 |
| Community Name | LADD'S ADDITION |
| School District | Cleveland |
| Elementary School | Abernethy |
| High School | Cleveland |
| Listing VS Median (in LADD'S ADDITION) | |
Price: $660,000 low | high Med: $619,444 sqft: 2,020 low | high Med: 1,790 $ / sqft: $327 low | high Med: $349 On site: 99 low | high Med: 50.5 | |
