This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan!
Active
$525,000
1920 NE 127th Ave, Portland, OR 97230
5beds
2,082sqft
Est.:
Residential, Single Family Residence
Built in 1955
9,583.2 Square Feet Lot
$-- Zestimate®
$252/sqft
$-- HOA
What's special
Cozy gas fireplaceTrue one-level livingComfortable functional layoutGenerous lotSeparate laundryCovered outdoor patioSeamless indoor-outdoor flow
- 2 days |
- 387 |
- 24 |
Zillow last checked: 8 hours ago
Listing updated: December 21, 2025 at 01:54am
Listed by:
Stephen FitzMaurice 503-789-6125,
eXp Realty, LLC,
Kami Price 503-789-6125,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 238306545
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bedroom 5, 2nd Kitchen, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors, Patio, Closet
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 2
- Features: Builtin Features, Hardwood Floors, Closet
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 3
- Features: Builtin Features, Closet
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 4
- Features: Closet
- Level: Lower
Bedroom 5
- Level: Lower
Dining room
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 96
- Dimensions: 12 x 8
Family room
- Features: Exterior Entry
- Level: Lower
Kitchen
- Features: Eat Bar, Hardwood Floors, Peninsula
- Level: Main
- Area: 130
- Width: 10
Living room
- Features: Fireplace, Hardwood Floors, Patio
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Appliance Garage, Dishwasher, Free-Standing Range, Microwave, Electric Water Heater
Features
- Closet, Sink, Built-in Features, Eat Bar, Peninsula, Tile
- Flooring: Hardwood, Tile
- Basement: Finished,Full,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,082
- Total interior livable area: 2,082 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached, Oversized
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered Patio, Deck, Patio
- Exterior features: Garden, Yard, Exterior Entry
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,583.2 Square Feet
- Features: Cul-De-Sac, Trees, SqFt 7000 to 9999
Details
- Additional structures: ToolShed
- Parcel number: R283613
- Zoning: R7
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Russell
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $492,120
- Annual tax amount: $5,163
- Date on market: 12/19/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2025 | Listed for sale | $525,000+98.2%$252/sqft |
Source:  RMLS (OR) #238306545 Report a problem | ||
| 5/31/2007 | Sold | $264,900$127/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,164 +4.2% | $225,660 +3% |
| 2024 | $4,954 +4.3% | $219,090 +3% |
| 2023 | $4,751 +2% | $212,710 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,136/mo
Principal & interest
$2536
Property taxes
$416
Home insurance
$184
Climate risks
Neighborhood: Russell
Nearby schools
GreatSchools rating
- 8/10Russell ElementaryGrades: K-5Distance: 0.3 mi
- 2/10Parkrose Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Parkrose High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Russell
- Middle: Parkrose
- High: Parkrose
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
