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Sat

May

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May

Mon

May

Stephanie Peters

stephanie@thepeterscollective.com +1(503) 799-0220

Listed by Brad Davis Properties, Inc.

$ 769,000

Est. payment | -/mo

2 Beds

1 Bath

1,552 SqFt

Save Virtual Tour

$ 769,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

1 Bath

1,552 SqFt

OPEN HOUSE

Sat May 03, 11:00am - 2:00pm

Sun May 04, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,552 sqft

Price per Sqft $495

Subdivision Mt. Tabor

MLS Listing ID 305539438

Style Stories2, Bungalow

Bedrooms 2

Full Baths 1

Year Built 1912

Annual Tax Amount $6,715

Tax Year 2024

Lot Size 3,484 Sqft

Property Sub-Type Single Family Residence

Property Description

Charming 1912 Home + Modern ADU in the Heart of Mt. Tabor.This one's got it all: historic charm, thoughtful upgrades, a lush garden oasis, and a high-performing short-term rental built right in. Tucked into a quiet stretch of SE 54th Ave, just a few blocks from Mt. Tabor Park, this versatile property offers two full residences—each 776 square feet—with room to live, host, earn, and relax. The main house blends classic Portland character with smart modern upgrades. Original fir floors and trim, custom stained glass, and a plumbed gas fireplace anchor the home's historic soul, while a sleek kitchen remodel (2022) and spa-inspired bathroom overhaul (2025) bring it firmly into the present. Behind the scenes, major systems have been updated for peace of mind—new foundation, electrical, plumbing, radiant floor heat, and more. The sunny front porch, private back deck (plumbed for a gas grill), and abundant attic storage add to the charm and practicality. Downstairs, a fully separate and beautifully finished ADU—constructed new in 2018—offers serious flexibility. Whether you keep it as a successful short-term rental (grossing around $40K/year), use it for multigenerational living, or claim it as your own retreat, it's a stunner. Expect high-end European finishes, radiant slab heating, a cedar sauna, spa-style bath, and custom cabinetry throughout. Bonus: a cozy three-season room with French doors opens to the deck and mature, professionally landscaped garden. It's the perfect perch for morning coffee, afternoon work calls, or evening wine with friends. This is a rare opportunity to own a truly move-in ready, income-generating property in one of Portland's most desirable neighborhoods. Come take a look—you might not want to leave. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10237506]

Location

State OR

County Multnomah

Area _142

Zoning R5

Rooms

Basement Separate Living Quarters Apartment Aux Living Unit

Interior

Interior Features Accessory Dwelling Unit, Furnished, Hardwood Floors, Heated Tile Floor, High Ceilings, High Speed Internet, Laundry, Murphy Bed, Separate Living Quarters Apartment Aux Living Unit, Tile Floor, Wallto Wall Carpet, Washer Dryer

Heating Hot Water, Radiant

Fireplaces Number 1

Fireplaces Type Gas

Appliance Builtin Oven, Builtin Range, Convection Oven, Dishwasher, Free Standing Refrigerator, Gas Appliances, Range Hood, Solid Surface Countertop, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Deck, Outbuilding, Porch, Public Road, Storm Door, Yard

Parking Features Converted

Garage Spaces 1.0

View Seasonal

Roof Type Composition

Accessibility NaturalLighting, WalkinShower

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.fousphoto.com/single-post/611-se-54th-ave-portland-or

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 799-0220

stephanie@thepeterscollective.com

2175 NW Raleigh St, Portland, OR, 97210, USA

611 SE 54TH AVE Portland, OR 97215