$1200000
3 Bed
2 Bath
3452 SqFt
5 DOM
Built: 1936
Status: Active
Welcome to a Rare Gem! Nestled on a spacious 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. Open Sunday 12-3! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240391]
Listing Provided Courtesy of Karolyn Wold, MORE Realty
249123753
SingleFamilyResidence
5 DOM
3
8712 SqFt
2
3452
1936
Multnomah
R299187
Creston
Kellogg
Franklin
Residential
SingleFamilyResidence
WAVERLEIGH HTS, BLOCK 43, LOT 19&20
Listing Provided Courtesy of Karolyn Wold, MORE Realty
PDXA1 Realty Group data last checked: Aug 13, 2025 10:01 | Listing last modified Aug 13, 2025 02:19,
Source:
500
1000
1152
3452
tax record
1500
1/Gas
3
2
0
2
Composition
1, Detached
Capecod
Driveway,OffStreet
3
1936
Yes
ForcedAir95Plus,MiniSplit
LapSiding, WoodSiding
PartiallyFinished
PartiallyFinished
DoublePaneWindows,Wo
ConvectionOven, Dishwasher, FreeStandingRange, FreeStandingRefrigerator, GasAppliances, Pantry, RangeHood,
CeilingFan, HardwoodFloors, HighCeilings, Laundry, WasherDryer
Fenced, Patio, RaisedBeds, StormDoor, Yard
CentralAir
Gas
ForcedAir, MiniSplit
PublicSewer
Gas
Gas
10597.01
0
Cash,Conventional,FHA,VALoan
08-08-2025
No
No
5
5
Cash,Conventional,FHA,VALoan
$1,200,000
$1,200,000
Aug 13, 2025 02:19
Listing courtesy of MORE Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Aug 13, 2025 10:01 | Listing last modified Aug 13, 2025 02:19.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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