4843 NE 31ST AVE, Portland, OR 97211

$675,000
3
BD
2
BA
1,834
SqFt

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List Price
$675,000
Days on Market
1
Status
ACTIVE
MLS#
231350332
Bedrooms
3
Bathrooms
2
Living Area
1,834
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast

Property Description

Live your best Alberta Arts life in this charming 1912 bungalow where historic character, artistic flair & thoughtful updates meet one of the neighborhood’s most valuable features: a fully permitted, income-producing ADU- The Tiny House. Step outside your door to cafés, New Seasons Market, yoga studios, Alberta Park, Fernhill Park, boutiques, breweries & some of Portland’s most celebrated restaurants. Behind the cheerful red door, original fir floors, soaring ceilings, picture molding & light-filled living spaces create a warm, inviting feeling of home. Gather around the cozy wood stove on cool Portland evenings or entertain effortlessly in the open living/dining/kitchen space. The remodeled kitchen features reclaimed wood countertops from a historic Alberta bakery, an inviting seating area & solid fir cabinetry. Enjoy the main-level primary bedroom & spacious remodeled bath. Upstairs, you'll find another living level with a bedroom plus a room for yoga/art studio/creative retreat or home office. The unfinished basement offers an additional bonus room/laundry & tons of storage. The fully landscaped yard invites easy living with a fully fenced backyard, patio, pergola, storage sheds & rare off-street parking. The Tiny House is a standout feature & its own residence. This fully furnished, self-contained ADU has its own delightful kitchen, private bedroom, washer/dryer hookups & thoughtful finishes like vaulted wood ceilings & a bathroom sink made of petrified wood. Previously operated as a successful short-term rental, it welcomed returning guests year after year. Today, it offers the flexibility to generate income as a short or long-term rental, host guests, accommodate multigenerational living or create a private retreat. The main home is thoughtfully updated with a newer roof/furnace/ windows/plumbing/electrical panel/attic insulation & is EV charger ready. Truly embrace the Alberta Arts lifestyle while owning an exceptional, income-producing asset. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250597]

Additional Information

Tax Amount
$5,388
Year Built
1912
High School
Jefferson
Elementary School
Vernon
Middle School
Vernon
Fireplaces Total
1
Acres
0.09
Living Area
1,834
Stories
3
Subdivision
CONCORDIA
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Main Floor Bedroom w/Bath
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Stove, Wood Burning
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cedar, Shake Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow, Craftsman
Parking
Driveway, EV Ready
Parking Description
Driveway, EV Ready
Road Surface
Paved
Exterior Features
Accessory Dwelling Unit, Fenced, Fire Pit, Garden, Patio, Porch, Tool Shed, Yard
Interior Features
Ceiling Fan(s), High Ceilings, Laundry, Reclaimed Material, Skylight(s), Tile Floor, Wainscoting, Washer/Dryer, Wood Floors
Kitchen Appliances
Built-in Range, Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Island, Pantry, Stainless Steel Appliance(s)

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Listing courtesy of YogaBug Real Estate LLC.

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