$490000
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2 Bed
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2 Bath
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1680 SqFt
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0 DOM
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Built: 1929
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Status: Active
Love this home?
Tucked into Portland’s Creston-Kenilworth neighborhood, this one’s got range. Equal parts classic bungalow charm and savvy income-producing opportunity, this versatile property pairs a sunny 2BR/1BA main home with a permitted lower-level ADU studio—all just moments from neighborhood parks, local cafés, popular dining, transit, and the everyday perks that make close-in SE living so appealing. Step into the main home and you’ll find all the character you’re hoping for: freshly updated hardwood floors, a light-filled living room, and a cozy wood-burning fireplace that anchors the space. Mini split cooling keeps things comfortable year-round, while the thoughtful layout makes everyday living easy.Downstairs, the permitted studio ADU offers a well-appointed full bath and serious flexibility. Whether you’re looking for supplemental rental income, a guest retreat, work-from-home separation, or multigenerational living potential, this space is ready to adapt. Both living spaces include separate washer and dryer access, adding convenience and independence for day-to-day living. Outside, a fully fenced yard offers room to relax, garden, or entertain, while the long driveway and detached two-car garage provide plenty of off-street parking and storage. Live in the main home and let the ADU help offset ownership costs, create space for extended living, or add a strong-performing asset to your portfolio. With commercial zoning, a history of long-term tenancy, and an estimated 5.5% cap rate, this is flexibility at its finest. Financials based exclusively on the Property Management firms records, Buyer to verify. A rare close-in SE opportunity with classic character, built-in versatility, and income potential to match. New roof in 2023 and a 10/10 Home Energy Score! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10011023]
Listing Provided Courtesy of Jennifer O'Brien, Living Room Realty
General Information
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719524365
-
SingleFamilyResidence
-
0 DOM
-
2
-
5227.2 SqFt
-
2
-
1680
-
1929
-
-
Multnomah
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R126490
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Grout
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Hosford
-
Cleveland
-
Residential
-
SingleFamilyResidence
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CANONGATE, BLOCK B, LOT 15
Listing Provided Courtesy of Jennifer O'Brien, Living Room Realty
PDXA1 Realty Group data last checked: May 07, 2026 09:54 | Listing last modified May 07, 2026 09:20,
Source:
Residence Information
-
0
-
840
-
840
-
1680
-
Tax
-
840
-
1/Gas
-
2
-
2
-
0
-
2
-
Composition
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2, Detached
-
Stories2,Bungalow
-
Driveway,OffStreet
-
2
-
1929
-
Yes
-
-
CementSiding
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Finished,SeparateLivingQuartersApartmentAuxLivingUnit
-
-
-
Finished,SeparateLiv
-
Slab
-
-
Features and Utilities
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Fireplace, HardwoodFloors
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Dishwasher, Disposal, FreeStandingRange, RangeHood
-
-
CoveredDeck, Fenced, Garden, Yard
-
-
HeatPump
-
Electricity
-
Ductless, HeatPump
-
PublicSewer
-
Electricity
-
Electricity
Financial
-
5300.06
-
0
-
-
-
-
Cash,Conventional,FHA
-
05-07-2026
-
-
No
-
No
Comparable Information
-
-
0
-
0
-
-
Cash,Conventional,FHA
-
$490,000
-
$490,000
-
-
May 07, 2026 09:20
Schools
Map
Listing courtesy of Living Room 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: May 07, 2026 09:54 | Listing last modified May 07, 2026 09:20.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
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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.
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