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5934 NE 16th Ave, Portland, OR 97211

$1,200,000

Property Description

Two complete residences, two private outdoor settings, one Exceptional Scandinavian-modern farmhouse. Constructed by award-winning Olson Design-Build. The ingenious plan pairs a 3-bedroom, 2.5-bath main residence with a two-story, 924-square-foot ADU offering 2 bedrooms, 1.5 baths, comparable premium finishes, and its own elec-meter. exceptional flexibility without sacrificing privacy or architectural cohesion.Clean, simple lines, natural materials, and transitional finishes, including stacked subway tile in the kitchen and baths, create enduring appeal. The main home combines polished concrete floors, high ceilings and smooth-coat walls with black Pella casement windows and clear vertical-grain fir entry doors, cabinetry, and staircase. Centered on a generous island, the kitchen features Pental Quartz, soft-close cabinetry, and premium appliances by Miele, Bosch & KitchenAid. A freestanding gas fireplace anchors the living room and separates it from the dining area and kitchen; a powder bath completes the main level.Upstairs, cork floors lead to a vaulted primary suite with dual sinks, quartz, radiant-heated floors, and an oversized dual shower. The second bath also offers heated floors plus a soaking tub. A matching LG washer and dryer are conveniently located near the bedrooms. A covered patio with its own gas fireplace and adjoining built-in spa opens to the private, fenced yard. The rear ADU enjoys a secluded yard of its own, providing remarkable visual and acoustic separation.The ADU is currently leased through December at $2,300/month and was previously offered as an AirBnB nightly rental with excellent returns. Since opening the main home to nightly rentals, the ADU has been converted to monthly to comply with city permits. The main home enjoys a 4.98 rating on AirBnB. Situated steps from Podnah's BBQ, HatYai, Coffee & pubs, a few blocks to Alberta Park & Alberta Arts District. EZ commute to downtown or PDX Int'l. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250665]

5934 NE 16th Ave | MLS# 260809048

This multi-family property located at 5934 NE 16th Ave, Portland, OR 97211 is currently listed for sale with an asking price of $1,200,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: EnergyStar Air Conditioning, MiniSplit
Fuel Type: Electricity, Gas
Heating: ENERGY STAR Qualified Equipment, Mini Split, Radia
Lot Size: 50 x 100
Stories: 2.0
Taxes: $11,372
Year Built: 2017
Square Feet: 2,767

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Fireplace, WasherDryer
Rent: $5897.00
Square Footage: 1844
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $2300.00
Square Footage: 923
Total Units: 1

Feature Descriptions

Days on Site: 25
Exterior: Cedar, Cement Siding
Gross Income: $98360.00 (Actual)
Hot Water: Tank, Tankless
Lot: Level
Lot Dimensions: 50 x 100
Net Income: $63803.00 (Actual)
Operating Expenses: $34557.00 (Actual)
Parking: Driveway, OnStreet
Parking Notes: Driveway, OnStreet
Sewer: Public Sewer
Storage: Attached
Units: 2
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Vernon
Elementary School: Vernon

Listed By / Shown By

Listed By

Agency Name: Cascade Hasson Sotheby's International Realty
Agency Phone: 503-228-9801

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 7,365.52 per month $6,067.85 Principal & Interest $947.67 Property Tax $350.00 Homeowner's Insurance

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