8027 SE 49TH AVE

Portland, 97206

  • 5 Bed

  • 4 Bath

  • 4864 SqFt

  • 1 DOM

  • Built: 1992

  • Status: Active

$880,000

X

8027 SE 49TH AVE

Portland 97206

Open Sun, Aug 3rd, 2PM to 4PM

$880000

  • 5 Bed

  • 4 Bath

  • 4864 SqFt

  • 1 DOM

  • Built: 1992

  • Status: Active

    Open House

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

OPEN HOUSE Sunday 8/3 from 2-4pm.Sunlight, Character & Cash Flow – This Plex Has It All!Step into a timeless Portland duplex that blends charm w/incredible flexibility & income potential. Bursting w/natural light & unique architectural touches, this property is a rare opportunity for owner-occupants, investors, or multi-generational living.Unit 1 spans 1,798sf over two floors & features 3 beds, 2 baths, AC, gleaming wood floors, tall ceilings, & a stunning wraparound deck w/trellis. The spacious primary suite opens through French doors to a private deck—your own peaceful retreat. Previously owner-occupied, this unit is now rent-ready, w/an estimated monthly income of $2,800.Unit 2 offers 1,329 sf across two levels, w/2 beds & 2 baths. This unit wows with architectural charm—a circular staircase, a round space, wood floors, high ceilings, & yet another sun-drenched wraparound deck. Recently rented for $2,500.Adding even more value is a bonus basement permitted artist studio—ideal for creative work or passive income. This 328sf unit was recently rented for $650 as an apartment, but is probably worth $800. Plus, the shared basement features 1,200sf of clean, high-ceiling storage or expansion potential, a laundry area, & private access for each unit.Whether you're seeking strong rental income, flexible living arrangements, or a unique home w/room to grow—this property checks every box. Come experience the decks, the light, the soul of this beautifully maintained gem.Outside, the oversized 10.940 sq ft lot is bursting w/apple trees, blueberries, grapes, & other native plantings. With fresh paint inside & out, this property is turn-key & ready to perform.Nestled near Errol Heights Park & the community gardens, it offers a peaceful, garden-like setting with a Walk Score of 57 & easy access to everything Portland has to offer.Whether you're buying for lifestyle, legacy, or leverage—this one checks every box.Don't just buy a home—secure a future.

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Residence Information

  • 4864

  • 5

  • 4

  • Composition,Shingle

  • Driveway,OffStreet

  • 2

  • 1992

  • No

  • Stucco

  • FullBasement,PartiallyFinished

  • FullBasement,Partial

  • ConcretePerimeter

Features and Utilities

  • AirConditioningReady, CentralAir

  • Electricity

  • ForcedAir

  • PublicSewer

  • Electricity

  • Gas

Financial

  • 8638.78

  • TrashCollection,Water

  • Cash,Conventional,FHA

  • 07-30-2025

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional,FHA

  • $880,000

  • $880,000

  • Jul 31, 2025 13:19

Schools

Elementary : Lewis N/A Ratings
Middle : Sellwood N/A Ratings
High : Cleveland N/A Ratings

Map

Listing courtesy of Opt.

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. Mohan Realty Group data last checked: Jul 31, 2025 15:23 | Listing last modified Jul 31, 2025 13:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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