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Portland,OR 97209
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,288 sqft
Price per Sqft $297
MLS Listing ID 258860594
Style Victorian
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $6,247
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland's most exclusive properties! This home is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you're ahead of the curve in this evolving market. The home is perfectly suited for individuals who value flexibility and lifestyle—whether you're a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland's vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it's an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest's most dynamic cities.
Location
State OR
County Multnomah
Area _148
Zoning IG1
Rooms
Basement Full Basement, Unfinished
Interior
Interior Features Ceiling Fan, Tile Floor, Wood Floors
Heating Forced Air
Cooling None
Appliance Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Gas Appliances
Exterior
Exterior Feature Porch, Yard
Parking Features Detached
Garage Spaces 1.0
View City
Roof Type Composition
Garage Yes
Building
Lot Description Gentle Sloping, Level, Trees
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Chapman
Middle Schools West Sylvan
High Schools Lincoln
Others
Senior Community No
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA