$1,050,000
$150K PRICE DROP

Estimated payment $6,560/month

Total Views 3,514
3 Beds
2 Baths
3,452 Sq Ft
$304 Price per Sq Ft

Highlights

  • City View
  • Cape Cod Architecture
  • Bonus Room
  • Creston Elementary School Rated 9+
  • Wood Flooring
  • High Ceiling

About This Home

TWO separate homes! Air B&B? No HOA's! Welcome to this rare gem! Nestled on a double lot (80x100’) in the heart of SE Portland’s vibrant Richmond neighborhood, this meticulously updated 1936 Cape Cod home, paired with a modern 2019-built 800 sq ft ADU, offers timeless charm and exceptional income potential. Perfect for owner-occupants, investors, or multigenerational living, this property blends classic architecture with contemporary comforts, all just steps from Division St’s trendy shops, eateries, and parks. Main Residence (3 Bed, 2 Bath,~2,160 sq ft):Step into a light-filled sanctuary featuring a remodeled kitchen with sleek stainless steel appliances, quartzite countertops, and custom cabinetry—ideal for culinary enthusiasts. The main-level master suite offers convenience and privacy, complemented by two additional bedrooms and an updated bath upstairs. Hardwood floors, fresh paint, and abundant natural light create a warm, inviting ambiance. The partially finished basement provides versatile space—think family room, home office, craft area, or extra storage—with a huge walk-in pantry and workshop. A newer roof, high-efficiency furnace, and central air conditioning ensure low-maintenance, year-round comfort. Accessory Dwelling Unit(2 Bed, 2 Bath, 800 sq ft):This feels-like brand-new 2019 ADU is a standout feature home, offering flexible income potential with long-term rent at ~$2,500/month or ~$45,000–$50,000/year as a permitted Airbnb. With two bedrooms, 1&1/2 baths, and a full kitchen, it’s perfect for guests, extended family, or high-demand short-term rentals in this sought-after locale. Outdoor Haven: The expansive, fully fenced double lot is a gardener’s dream, boasting mature fruit trees (cherries, apples, pears, and blueberries) and raised garden beds for farm-to-table living. A long driveway provides ample off-street parking, while the detached garage offers storage or creative space. Enjoy summer BBQs or quiet evenings in this private, lush oasis. [Home Energy Score = 2. HES Report at

Listing Agent

Karolyn Wold

MORE Realty Brokerage Phone: 503-860-3664 License #200204540 Listed on: 08/08/2025

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,597

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Raised Garden Beds

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3,452 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • City Views
  • Storm Doors
  • Partially Finished Basement

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Creston Elementary School
  • Kellogg Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Gas Water Heater
  • Fiber Optics Available

Additional Features

  • Green Certified Home
  • Patio
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association
  • Richmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number R299187

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,597

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1936
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Capecod
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Bathroom,BuiltinFeatures,Closet,Heated,Kitchen,SeparateElectricMeter,VinylWindowDoublePaned,WoodFloors
  • OtherStructuresRoof1: Composition
  • OtherStructuresType1: AccessoryDwellingUnit
  • PublicRemarksOtherStructures: Great 2 story, full kitchen, dining, living room with 1/2 bath downstairs and a full bath upstairs with 2 bedrooms and laundry. Very efficient with a minisplit to heat and cool. Private entry and patio.
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, HardwoodFloors, HighCeilings, Laundry, WasherDryer
  • Room 4 Description: BonusRoom
  • Room 4 Level: Lower
  • Basement: PartiallyFinished
  • Window Features: DoublePaneWindows, WoodFrames
  • Appliances: ConvectionOven, Dishwasher, FreeStandingRange, FreeStandingRefrigerator, GasAppliances, Pantry, RangeHood, SolidSurfaceCountertop, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • OtherStructuresBaths1: 2.0
  • OtherStructuresBathsTotal: 2.00
  • Other Room10 Area: 299
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 154
  • Bedroom 7 Area: 195
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 143
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 168
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Exterior Features: Fenced, Patio, RaisedBeds, StormDoor, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Energy Efficiency Features: ForcedAir95Plus,MiniSplit
  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: FiberOptics
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Creston
  • High School: Franklin
  • Middle Or Junior School: Kellogg

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: R299187

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10597.01

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
2024 $10,597 $396,070 -- --
2023 $10,190 $384,540 $0 $0
2022 $9,969 $373,340 $0 $0
2021 $9,800 $362,470 $0 $0
2020 $8,991 $351,920 $0 $0
2019 $8,928 $341,670 $0 $0
2018 $8,050 $317,693 $0 $0
2017 $5,964 $238,430 $0 $0
2016 $5,458 $231,490 $0 $0
2015 $5,315 $224,750 $0 $0
2014 $5,235 $218,210 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $1,050,000 -12.5% $304 / Sq Ft
08/08/2025 08/08/25 For Sale $1,200,000 -- $348 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $379,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,000 New Conventional
Open $280,400 Stand Alone Refi Refinance Of Original Loan
Closed $303,900 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 249123753

Regional Multiple Listing Service (RMLS)

APN: R299187