Adorable Arbor Lodge bungalow with stunning detached ADU! Step from the beautifully landscaped front yard into the warm and inviting living room, with open views into the eat-in kitchen. Two spacious bedrooms, a comfortable bathroom, and a large unfinished basement for storage or future potential additional living space make this a comfortable place to call home! Updated systems like a newer furnace (2016) and hot water heater (2024) give you peace of mind. The detached ADU is a showstopper, with soaring ceilings, oversized windows, a spacious kitchen, radiant floor heating, and an on-demand hot water heater. Fully permitted and constructed in 2017 with no SDC short term rental restriction, this space can be a real money maker! Create your dream small compound with your tribe, live in one unit and rent the other, or invest in this hot location, less than two miles from the University of Portland campus, with a walk score of 82 and a bike score of 99! Seller is a licensed Principal Broker in Oregon. [Home Energy Score = 7. HES Report at
Living Room RealtyLicense #201215094Listed on: 06/12/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,372
Year Built
Built in 1925 | Remodeled
Lot Details
4,791 Sq Ft Lot
Level Lot
Landscaped with Trees
Home Design
Composition Roof
Wood Siding
Cement Siding
Concrete Perimeter Foundation
Interior Spaces
1,844 Sq Ft Home
2-Story Property
Unfinished Basement
Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
3 Bedrooms
2 Bathrooms
Parking
2 Parking Spaces
Driveway
Eco-Friendly Details
Green Certified Home
Schools
Chief Joseph Elementary School
Ockley Green Middle School
Roosevelt High School
Utilities
Ductless Heating Or Cooling System
Forced Air Heating System
Heating System Uses Gas
Radiant Heating System
Listing and Financial Details
Assessor Parcel Number R124806
Community Details
Overview
No Home Owners Association
2 Units
Arbor Lodge Subdivision
Building Details
Operating Expense $15,120
Gross Income $50,400
Net Operating Income $35,280
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,372
Year Built
Built in 1925 | Remodeled
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1925
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: VirtualTour
Property Sub Type: MultiFamily
Interior Features
Basement: FullBasement, Unfinished
Storage: Basement
Total Bedrooms: 3
High School2: Roosevelt
Lot Size Range: SqFt5000to6999
Exterior Features
Exterior Description: CementSiding,WoodSiding
Lot Size: 5,000 to 6,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: Level, Trees
Road Surface Type: Paved
Roof: Composition
Garage/Parking
Parking Description: Driveway
Attached Garage: No
Total Parking Spaces: 2.0
Utilities
Fuel Description: Gas
Hot Water: Gas,Tankless
Security: Unknown
Cooling: None
Cooling Y N: No
Heating: Ductless, ForcedAir, Radiant
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Association: No
Schools
Elementary School: Chief Joseph
High School: Jefferson
Middle Or Junior School: Ockley Green
Lot Info
Zoning: R5
Lot Size Acres: 0.11
Lot Size Sq Ft: 4791.0
Parcel #: R124806
Green Features
Green Certification: Yes
Rental Info
Rent Includes: TrashCollection
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 4372.1
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2
Number Of Units Total: 2
Gross Rent Multiplier: 11.88
Annual Gross Income: 50400.0
Property Net Operating Income: 35280.0
Annual Operating Expense: 15120.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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.
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