Exceptionally well maintained single family home & ADU with unique income opportunity! 3 bedroom home with a permitted 1 bedroom ADU in the Richmond neighborhood/Hawthorne District, one of Portlands most sought after locations. Incredible convenience with a 92 walk score, 100 bike score, surrounded by fine/casual dining, bookstores, vintage shops, boutiques and cafes. Approx 1 mile to both Mt Tabor & Laurelhurst Parks. The ADU allows opportunity for short or long-term renters, a safe space for parents with no stairs or a separate apartment for teenagers/college students. Maintaining original detail, charm and quality was carefully considered through extensive updates. Main floors offer great functional flow with hardwoods, stainless appliances, solar skylights, vinyl windows, custom cabinetary and tiles. New foundation and spacious 1 bedroom ADU professionally built in 2017. ADU features separate electric meter, laundry, private entry, exposed beams, mini-split heating/AC and full kitchen with sleek modern industrial finishes. Decks in both front and back with a low maintenance fenced backyard. Wiring available for electric car charging. Truly too much to list, ask your agent for the updating expenditure list. Move in ready & must see! Information is deemed reliable but not guaranteed, buyers to do their own due diligence when purchasing property.
Active
$865,000
1531 SE 48th Ave, Portland, OR 97215
4beds
3,304sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
- 6 days
- on Zillow |
- 595 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: 17 hours ago
Listed by:
Jennifer Gurzi 503-381-0731,
Knipe Realty ERA Powered
Source: RMLS (OR),MLS#: 509302732

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Forced Air, Fireplace(s), Mini Split
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Range, Washer/Dryer
Features
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit,Storage Space
Interior area
- Total structure area: 3,304
- Total interior livable area: 3,304 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R176644
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1910
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hawthorne
Location
- Region: Portland
Financial & listing details
- Price per square foot: $262/sqft
- Annual tax amount: $7,672
- Date on market: 6/6/2025
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 1400
- Road surface type: Paved
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