Sale Pending! ADU Income Opportunity in South Tabor!

Listed for $$550,000

2520 SE 79th Ave, Portland OR 97206

Income opportunity awaits in South Tabor! This 1-level home + fully permitted detached loft-style ADU allows for maximum versatility for multi-generational living, short or long-term rental use! The main home is full of what makes this mid-century era so cherished, oozing with those preserved period details the moment you step inside, a layout that lives large, and nice updates that have served this home well (new roof in 2014, central A/C, mature plantings). Step outside and you’ll notice how well the ADU sits on this property without disturbance to the main home.  The oversized yard space and privacy fencing at the ADU allows for everyone to have plenty of space to spread out and enjoy!

Let’s talk numbers! This property is sure to pencil every which way. Most recently, the main home rented for $1,875 per month and the fully dialed, and energy efficient ADU rents for $100 per night (summer) to $60/night (winter) as a short term rental. This is your chance to not only own a home built in the ‘’golden era” of construction, but also make what is sure to be the best investment you can find in the cherished South Tabor neighborhood, just blocks from all the SE Division and Jade district offerings. 

Specs:

  • Built 1953
  • 2 bedroom
  • 1 bath
  • Detached ADU (loft studio + bathroom)
  • 1,128 sq ft house plus 269 sq ft Detached ADU
  • Built-ins
  • Wood fireplace
  • Period tile
  • Hardwood floors
  • ADU energy eff. features: mini-split heat/ac, vinyl windows, on demand water heater
  • Oversized, fully fenced .14 acre lot
  • Newer roof in 2014
  • Attached garage
  • Taxes: $4,856.51
  • Schools: Bridger, Bridger, Franklin
  • RMLS#: 21029724
  • Walk score: 82 Bike score: 99 Transit score: 53
  • See the full collection of property photos here!

View Video Tour here!

View 3-D Dollhouse / Matterport Tour here!

For more information about this home or to schedule a showing following Covid-19 PPE protocol, please contact:

Stephanie Lundin | 503.737.8500 | stephanie@stephanielundin.com

Information is deemed reliable but is not guaranteed and is subject to change at any time without notice.