Portland, OR 97230,1920 NE 127TH AVE
Portland, OR 97230,1920 NE 127TH AVE
Portland, OR 97230,1920 NE 127TH AVE
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Listed by eXp Realty, LLC • 503-789-6125
$525,000
Est. payment /mo
5 Beds
2 Baths
2,082 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,082 sqft

Price per Sqft $252

Subdivision Russell

MLS Listing ID 238306545

Style Ranch

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1955

Annual Tax Amount $5,163

Tax Year 2025

Lot Size 9,583 Sqft

Property Sub-Type Single Family Residence

Property Description

This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan!

Location

State OR

County Multnomah

Area _142

Zoning R7

Rooms

Basement Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Interior Features Hardwood Floors, Tile Floor

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Gas

Appliance Appliance Garage, Dishwasher, Free Standing Range, Microwave, Tile

Exterior

Exterior Feature Covered Patio, Deck, Fenced, Garden, Tool Shed, Yard

Parking Features Attached, Oversized

Garage Spaces 1.0

View Trees Woods

Roof Type Composition

Garage Yes

Building

Lot Description Cul_de_sac, Trees

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Russell

Middle Schools Parkrose

High Schools Parkrose

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan


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Regional Multiple Listing Service (RMLS)
Mike Farrell

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

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1920 NE 127TH AVE