Park like settings, HUGE Half Acre lot! Charming Adult Foster Care Home with Long-Term Tenant. CUSTOM BUILT excellent SW Portland location. Nestled in a tranquil neighborhood, this property is a hidden gem for investors seeking a reliable income stream. Currently occupied by a long-term tenant, the premises have been successfully operated as an Adult Foster Care Home, ensuring stability and a proven track record of success. Special Layout: Designed to cater to the needs of an Adult Foster Care facility, the property boasts 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Extensive decking all around. Fire suppression system and generator hook-up. Quality remodel w/Newer roof, fiber cement siding, gutters. Vinyl windows, Entry & French Patio doors, laminate flooring & carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! Prime Location: Situated in a serene and accessible area, the property benefits from proximity to essential amenities, including parks, medical facilities, and shopping centers. Excellent Condition: Regular upkeep and maintenance by the current tenant ensure that the property is in excellent condition, ready for continued use as a foster care home or any other purpose you envision. Investment Opportunity: Turnkey Operation: With a stable, long-term tenant already in place, this property offers a turnkey investment opportunity with minimal initial effort. Versatile Potential: Whether you wish to continue its operation as an Adult Foster Care Home or explore other possibilities, this property offers versatile potential to suit your investment goals. Make Your Offer subject to Interior Inspection, providing you the opportunity to thoroughly review the property and confirm its suitability for your needs. Don't miss this unique opportunity to invest in a property with a successful business model and a dependable tenant. Please don't disturb tenant. Photos from previous listing. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]
Single-familyProperty Type
1989Year Built
0.51 acresLot Size
$338Est. Price/Sq.Ft.
2 car garageParking
Listed by Edward Peters• MORE Realty
Contact: 503-706-4709
Bought with Brad Hammond• Keller Williams PDX Central
Park like settings, HUGE Half Acre lot! CUSTOM BUILT excellent SW Portland location. Extensive decking all around. 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Great for Multi-generational living or group home. Quality remodel w/Newer roof, hardiplank siding, gutters, new paint. Newer vinyl windows, Entry&French Patio doors. Fire suppression system, Newer laminate flooring&carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
4.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
1989
Sq. Ft.
2,418
Year built
1989
Style
Single Family Residential
County
Multnomah County
APN
R331483
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R20
C
P
Z
Residential 20,000 Zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Zone overlays
Environmental Conservation Overlay Zone
Environmental Protection Overlay zone
Constrained Sites Overlay Zone
Permitted uses
Include but are not limited to:
Housing
May 24, 2021 • Final
Plumbing
Plumbing
Water heater
Nov 1, 2016 • Final
Electrical
Electrical
Generator
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.