Open house this Sunday, 12pm-3pm! Welcome to this fully updated, move-in ready one-level ranch situated on a generous lot just steps from Argay Park. This meticulously maintained home features gleaming hardwood floors throughout, a spacious primary suite with a walk-in tile shower and dual sinks, and a stylish kitchen with stainless steel appliances, granite countertops, Alder cabinets, and a built-in microwave. The expansive, professionally landscaped backyard and covered patio create the perfect setting for outdoor entertaining. Additional highlights include a two-car garage, central heating and cooling, a dedicated laundry room with washer and dryer, a cozy fireplace, newer vinyl windows, a second walk-in tile shower and convenient access to the backyard via sliding glass doors. A standout feature of this property is the fully permitted ADU, completed in 2022. Thoughtfully designed, the ADU includes its own mini split HVAC system, separate electrical meter, stackable washer and dryer, full kitchen with stainless steel appliances, hardwood floors, full bathroom with walk-in tile shower, and a private, fenced backyard with covered patio. Offered furnished, it presents an exceptional opportunity for rental income or multi-generational living. Whether you're looking to offset your mortgage by renting out the ADU or seeking a savvy investment with two independent living spaces, this property offers incredible flexibility. Located in a quiet, desirable neighborhood, this is a rare opportunity you won’t want to miss.
Pending
$549,900
3300 NE 138th Pl, Portland, OR 97230
4beds
1,558sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$556,900 Zestimate®
$353/sqft
$-- HOA
What's special
Cozy fireplacePrivate fenced backyardExpansive professionally landscaped backyardCovered patioGenerous lotDedicated laundry roomFull kitchen
- 8 days
- on Zillow |
- 596 |
- 58 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 01:09am
Listed by:
Tyler Horst 503-956-8104,
Summa Real Estate Group,
Tim Horst 503-310-4776,
Summa Real Estate Group
Source: RMLS (OR),MLS#: 308794554

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Mini Split
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Dishwasher, Refrigerator, Washer/Dryer, Range, Electric Water Heater
- Laundry: Common Area
Features
- Windows: Double Pane Windows
- Basement: Crawl Space
Interior area
- Total structure area: 1,558
- Total interior livable area: 1,558 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 9,147.6 Square Feet
- Features: SqFt 7000 to 9999
Details
- Parcel number: R186278
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1963
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping, Central Air, Laundry
- Security: Security Lights
- Subdivision: Argay Terrace
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $353/sqft
- Tax assessed value: $536,740
- Annual tax amount: $6,215
- Date on market: 4/18/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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