NEW! Buy and sell safely with virtual options - Learn More
About the Listing KRER01 - SOBOREOR
Two homes on one tax lot in Portland's John's Landing corridor is not a common inventory event. In this zip code, that structure rarely surfaces. This is a real window of opportunity.The primary residence runs 2,600-plus square feet across three levels. Main floor delivers hardwood, a gas fireplace, and 20-foot ceilings with floor-to-ceiling windows. Primary suite is on the main level, ensuite with walk-in shower. Two additional ensuite bedrooms and a dedicated office upstairs. The rooftop terrace has unobstructed territorial views and a direct Mt. Hood sightline.The corner structure is a fully separate 1,100-square-foot, two-bedroom, one-bath residence with independent access. This is not a basement conversion. It is a standalone second home on the same RM1-zoned tax parcel, which carries real implications for financing strategy and long-term asset flexibility.OHSU's main campus is under one mile via Terwilliger. South Waterfront tram terminus is under 10 minutes. Willamette River trail access is direct. I-5 via Barbur puts downtown Portland under 8 minutes off-peak.At $839,900 across 3,718 square feet of livable space in two structures, the blended cost is $226 per square foot. Factor in the income offset capacity of the second unit and the data-driven value becomes operational, not speculative.This asset is built for a long-term ownership strategy. If that fits your objective, contact your agent before the next price adjustment resets the conversation.
Listing Highlights
Status
Active
Days on Site
160
Property Type
Residential
MLS ®
313057604
Year Built
1993
Total Square Footage
3,718
Lot/Acreage
N/A
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full / 2 Half
- Appliances: Cooktop, Dishwasher, Free-Standing Refrigerator, Microwave, Tile
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces: 1, Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: AccessoryDwellingUnit,High Ceilings,Laundry,Tile Floor,Washer/Dryer,Wood Floors,Master on Main
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot,Level
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: RM1
- Roof: Shingle
- Others: Deck,Patio,Second Residence,Approximately
- Sewer: Public Sewer
- Parking Features: Carport,Driveway
Financial Details
- Tax Amount: $11,786
- Taxes w/Assessments: N/A
- Tax/Property ID: R273137
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
519 Vermont St Portland, OR 97239
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
