16820 SE ALDER ST, Portland, OR 97233

$475,950

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List Price
$475,950
Days on Market
2
MLS#
296109990
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Big corner lot. Big flexibility. A setup that works. This spacious ranch brings a rare layout with a 3 bedroom, 2 bathroom main level, private primary suite, open living and dining spaces, wood burning fireplace and easy flow to a backyard that actually shows up. Think summer dinners, raised beds, firepit nights, garden goals and plenty of room to make it your own. Downstairs, the fully permitted 2 bedroom, 2 bathroom ADU is the standout with high ceilings, its own kitchen with island, fireplace, separate living space, laundry and a tenant already in place on a month to month tenancy. This makes it a strong option for buyers looking for rental income from day one. Keep the rental stream and let the lower level help offset the cost of ownership. Large attached garage with room for gear, tools, storage and weekend toys. Main level living, ADU income potential, oversized yard, garage storage and a flexible floor plan all in one seriously smart package.

Additional Information

Tax Amount
$5,564
Year Built
1960
High School
Reynolds
Elementary School
Alder
Middle School
H.B. Lee
Acres
0.17
Subdivision
GLENFAIR
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Wall Heater, Zoned
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Sq Ft
996
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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