11338 SW CAPITOL HWY, Portland, OR 97219

$499,000
4
BD
3
BA
2,297
SqFt

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Listing courtesy of John L. Scott.

List Price
$499,000
Status
ACTIVE
MLS#
210829070
Price Change
▼ $101,000 1788205373
Days on Market
55
Bedrooms
4
Finished SqFt
2,297

Property Description

This rare property offers the perfect blend of comfortable living and built-in rental income, making homeownership more attainable while providing long-term investment potential. The primary residence offers approximately 1,862 square feet with 3 bedrooms, 2.5 bathrooms, an open-concept floor plan, granite countertops, laundry on the main level, an attached two-car garage, and a private, low-maintenance backyard. Above the detached garage is an approximately 435-square-foot fully permitted studio ADU with its own private entrance, remodeled kitchen and bathroom featuring quartz countertops, and stackable washer and dryer. Whether you're looking to reduce your monthly housing costs by renting the ADU or add a turnkey investment to your portfolio, this property offers exceptional flexibility. The primary residence is currently leased for $2,255/month and the detached studio ADU rents for $1,320/month, providing immediate income potential for investors or future owner-occupants. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10115189]

Additional Information

Style
Common Wall
Stories
2
Year Built
2001
Exterior
Accessory Dwelling Unit, Fenced, Second Residence, Yard
HOA Dues
$300
Elementary School
Markham
Middle School
Jackson
High School
Ida B Wells
Potential Terms
Cash, Conventional, FHA, VA Loan

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