519 VERMONT ST, Portland, OR 97239
519 VERMONT ST, Portland, OR 97239,Video Tour
519 VERMONT ST, Portland, OR 97239
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Listed by Knipe Realty ERA Powered • 503-939-4241
$839,900
Est. payment /mo
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3,718 SqFt
Price Dropped by $50K

519 VERMONT ST Portland, OR 97239

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Bradley Mulliner

Bradley Mulliner

MORE Realty

+1(503) 858-2478

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,718 sqft

Price per Sqft $225

MLS Listing ID 406932377

HOA Y/N No

Year Built 1993

Annual Tax Amount $11,786

Tax Year 2025

Lot Size 5,227 Sqft

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.

Location

State OR

County Multnomah

Area _148

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Mountain, Territorial

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Other

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Capitol Hill

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Bradley Mulliner

Bradley Mulliner

Managing Principal Broker- MORE Realty | License ID: 201206857

+1(503) 858-2478

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