Residential Income Property with
1927 Northeast 16th Avenue Portland, OR 97212
For Sale
$1,275,000
Main house plus basement ADU and back studio/cottage, with driveway and street parking and recent roof replacement.
Property Size480 SF
Price / SF$2,656
Days on Market834
Property Features for 1927 Northeast 16th Avenue
General Information
- Standard status
- Active
- Size
- 480 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1894
Listing Agency:
Better Homes & Gardens Realty
(360) 567-0475
Listed By:
Gina Bany · License #113629
(360) 567-0475
Source:
Compass
Added: Apr 15, 2024
Changed: Jul 21
Last Checked: Jul 26 at 11:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Realty
Investment Insights
Based on property information with market context.
A Painted Lady Victorian residential income property offering three distinct living spaces: a main house, a basement ADU with a full kitchen and an outside entrance, and a studio/cottage in the back. The home also features a peaceful courtyard and a deck off the house. Parking is available on the driveway and on the street.
The property is currently used as a nightly rental and has operated as a month-to-month rental. While it may continue with short-term or long-term rental use, the configuration also supports flexible living arrangements.
Updates include a newer roof installed in 2022, plumbing and an electrical box replaced in 2004, exterior paint in 2018, and new appliances/flooring in the main kitchen in 2023, supporting continued enjoyment and ongoing income potential.
The property is currently used as a nightly rental and has operated as a month-to-month rental. While it may continue with short-term or long-term rental use, the configuration also supports flexible living arrangements.
Updates include a newer roof installed in 2022, plumbing and an electrical box replaced in 2004, exterior paint in 2018, and new appliances/flooring in the main kitchen in 2023, supporting continued enjoyment and ongoing income potential.
Key Highlights
- 3‑story Painted Lady Victorian built in 1894 with concrete perimeter foundation
- Multi‑living layout: main house plus separate living quarters apartment in the basement and a studio/cottage in back
- Basement ADU includes full kitchen and outside entrance
Property Analytics
Location Intelligence
Current Use by Public Records
A Painted Lady Inn
Bed & Breakfast
FAQs
What type of property is this?
Short term rental property - Main house plus basement ADU and back studio/cottage, with driveway and street parking and recent roof replacement.
Where is this short term rental property located?
The property is located at 1927 Northeast 16th Avenue Portland, OR.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 3‑story Painted Lady Victorian built in 1894 with concrete perimeter foundation; Multi‑living layout: main house plus separate living quarters apartment in the basement and a studio/cottage in back; Basement ADU includes full kitchen and outside entrance
