519 VERMONT ST, Portland, OR 97239
- $839,900
- 3,718
- SqFt
- List Price
- $839,900
- Price Change
- ▼ $50,000 1776312458
- Days on Market
- 202
- MLS#
- 406932377
- Property Type
- Multifamily
- Sqft. of Residence
- 3,718
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
Property Description
Two homes on one tax lot in Portland's John's Landing corridor is not a common inventory event. In this zip code, that structure rarely surfaces. This is a real window of opportunity.The primary residence runs 2,600-plus square feet across three levels. Main floor delivers hardwood, a gas fireplace, and 20-foot ceilings with floor-to-ceiling windows. Primary suite is on the main level, ensuite with walk-in shower. Two additional ensuite bedrooms and a dedicated office upstairs. The rooftop terrace has unobstructed territorial views and a direct Mt. Hood sightline.The corner structure is a fully separate 1,100-square-foot, two-bedroom, one-bath residence with independent access. This is not a basement conversion. It is a standalone second home on the same RM1-zoned tax parcel, which carries real implications for financing strategy and long-term asset flexibility.OHSU's main campus is under one mile via Terwilliger. South Waterfront tram terminus is under 10 minutes. Willamette River trail access is direct. I-5 via Barbur puts downtown Portland under 8 minutes off-peak.At $839,900 across 3,718 square feet of livable space in two structures, the blended cost is $226 per square foot. Factor in the income offset capacity of the second unit and the data-driven value becomes operational, not speculative.This asset is built for a long-term ownership strategy. If that fits your objective, contact your agent before the next price adjustment resets the conversation.
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Additional Information
- Tax Amount
- $11,786
- Year Built
- 1993
- High School
- Ida B Wells
- Elementary School
- Capitol Hill
- Middle School
- Jackson
- Acres
- 0.12
- Living Area
- 3,718
- Stories
- 3
- Terms
- Cash, Conventional
- Cooling Description
- Central Air
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding
- Roof Type
- Shingle
- Sewer Description
- Public Sewer
- View
- Mountain(s), Territorial
- Parking
- Carport, On Street
- Parking Description
- Carport, On Street
- Road Surface
- Concrete, Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 7
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 1
- Unit Type One Sq Ft
- 2598
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
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