1116 Se STEPHENS St, Portland, OR 97214

• 3 beds |
• 3 baths |
• 2,020 sqft

Property Description

Exceptional opportunity in the heart of Ladd's Addition, ideally situated between the vibrant shops, restaurants, and cafes of both Division and Hawthorne. Fully remodeled and thoughtfully designed for flexible living, this unique property offers options for owner-occupants, investors, multi-generational households, shared ownership, or house hackers looking to offset expenses.The main residence features an open, beautifully remodeled kitchen centered around a large island, creating an inviting space for cooking, gathering, and entertaining. The main-level primary suite serves as a private retreat, featuring a beautifully remodeled bathroom with a soaking tub and oversized walk-in shower, while the finished lower level includes two additional bedrooms and a full bathroom. A separately accessed, fully permitted studio ADU offers its own kitchen, bathroom, private entrance, and laundry hookups, creating excellent potential for rental income, guest accommodations, home office space, or independent living.One of the property's most unique features is its flexibility. Depending on a buyer's needs, the main-level living space can function comfortably on its own, while the lower level and ADU create opportunities for additional living, guest, or income-producing arrangements. Whether you're looking for an income-producing property, a place to share with friends or family, or a home that can adapt to changing needs over time, this property offers a rare combination of versatility and location in one of Portland's most beloved neighborhoods. OPEN HOUSE SAT 12-2, SUN 1-3.

Listing Status:

Active

Date Added:

June 5, 2026

Data Last Updated:

June 11, 2026 at 6:41AM

Listing Office:

Keller Williams Realty Professionals : 503-546-9955

Listing Agent:

Beth Nelsen : 503-664-6866

MLS ID:

204852719

Interior

• General: Accessory dwelling unitHardwood floorsLuxury vinyl plankSeparate living quarters apartment aux living unitSoaking tub
• Appliances: DishwasherDisposalFree standing rangeIslandTile
• Basement: Exterior entryFinishedSeparate living quarters apartment aux living unit
• A/C: Mini split
• Heating: DuctlessMini split

Exterior

• General: Wood sidingAccessory dwelling unitFencedYard
• Style: CraftsmanModern
• Parking: On streetParking spaces: 0

Construction

• Roofing: Composition
• Windows: DoublePaneWindows
• General: Concrete perimeterSlab

Location

• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: STEPHENS ADDBLOCK 125E 34' OF LOT 1R276138

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.