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Listed by ELEETE Real Estate

$585,000

Est. payment - /mo

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3 Beds

2 Baths

1,686 SqFt

Active

8316 SE RAYMOND CT Portland, OR 97266

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,686 sqft

Price per Sqft $346

Subdivision Lents

MLS Listing ID 403922930

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1923

Annual Tax Amount $4,554

Tax Year 2025

Lot Size 6,534 Sqft

Property Sub-Type Single Family Residence

Property Description

Multi-generational living or rental-income ready! The choice is yours! This adorable 1923 bungalow is paired with a brand new detached 1 bedroom, 1 bath ADU, potential rental or mother-in-law, and both are move-in ready. The cozy bungalow has a welcoming covered front porch that leads to a large, light-filled living room, with hardwood floors and a wood-burning fireplace. The big, old-fashion kitchen has plenty of room for a kitchen table with vinyl floors that lead to the oversized utility room, where you'll find the washer and dryer hook-ups and new water heater. Both bedrooms have hardwood floors with plenty of light. Off the mudroom, yes the mudroom, the back door leads to the ADU and a fenced backyard. New roof in 2024. The fully permitted 1 bedroom/1 bath ADU has a modern, open design with 667 square feet. Everything is shiny and new like the stainless appliances and the LVP flooring. The bedroom has a large walk-in closet and a slider that leads to the back patio and private fenced area. Mini splits provide heat and AC. Projected rent is $1500/month, net income of $16,000/year. See Accessory Dwelling Unit supplement for more details. Lents offers a strong community with shopping and restaurants within walking distance. A transportation hub with Max and quick access to I-205, plus bicycle and pedestrian walking trails - a commuter's alternative. Lents Park is just blocks away and one of Portland's greatest community parks. Don't miss out on this great investment home!

Location

State OR

County Multnomah

Area _143

Rooms

Basement Crawl Space, Exterior Entry

Interior

Interior Features Accessory Dwelling Unit, Hardwood Floors, Laundry, Washer Dryer

Heating Forced Air, Mini Split

Cooling Mini Split, Wall Unit

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature Fenced, Guest Quarters, Porch, Tool Shed, Yard

Parking Features Converted

Roof Type Composition

Accessibility MainFloorBedroomBath, OneLevel, UtilityRoomOnMain

Garage Yes

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Marysville

Middle Schools Kellogg

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

8316 SE RAYMOND CT Portland, OR 97266

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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8316 SE RAYMOND CT