5318 SE OGDEN ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97206
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,144 sqft
Price per Sqft $546
Subdivision Brentwood Darlington
MLS Listing ID 543973102
Year Built 1924
Annual Tax Amount $4,747
Lot Size 0.320 Acres
Property Description
Welcome to this charming multi-family home in one SE Portland's most desirable & walkable neighborhoods! In addition to the main home & fully permitted ADU apartment, there are two shops, & a tiny house space w/water & electricity. This property generates over $5000 per month in income, w/multiple rental sources on one lot. Option to live in one space & rent the others, enjoy multi-generational or communal living, or rent it all out. House & ADU were renovated from studs out in 2018, including new plumbing, electrical, water line, water heater, insulation, high efficiency heat & A/C, flooring, Milguard windows, & more. New 40-year roof in 2016, ext. paint in 2019, & int. paint in 2025. Unit A has an open floor plan, vaulted ceilings & pull-down ladder to bonus attic space, & unit B is an open & bright studio w/a large laundry/utility room. Each has its own washer/dryer & plenty of storage. The 1/3 acre fenced lot is tranquil, private, & an urban farmer's dream, complete w/huge deck & patio cover, many seating areas, two firepits, large deck, greenhouse, plum, cherry, & fig trees, blackberries, blueberries, strawberries, & tons of raised garden beds. The tiny house on wheels space currently rented (tiny house not included in sale), & two shops w/electrical panels (one being used as a guest space w/sleeping loft). You can't beat this location, walking distance to Woodstock shops, restaurants, food carts, parks, nature trails, & groceries. Minutes to Sellwood, Reed College, Westmoreland, & Eastmoreland Golf Course, & quick access to Downtown PDX. 75 walk score & 98 bike score make getting anywhere you want to go a breeze. Whether you're looking for a place to call home or a one-of-a-kind investment opportunity, this property offers incredible potential. City says middle housing lot division is possible, w/options to add a duplex, triplex, fourplex, or up to 16 cottage cluster homes. Must see this one! Buyer to verify all zoning&usage. Owner is a licensed OR Realtor.
Location
State OR
County Multnomah
Community Alllandscaping,Commons
Area _143
Zoning R5
Rooms
Basement Finished, Partial Basement, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Heat Pump, Mini Split
Cooling Mini Split
Exterior
Community Features AllLandscaping,Commons
Roof Type Composition
Garage No
Building
Lot Description Level, Private
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Llewellyn
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan
Virtual Tour https://youtu.be/ym-t2ZY6OdM