$490,000

4434 Se 26TH Ave, Portland, OR 97202

  • 2 beds |
  • 2 baths |
  • 1,680 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 16 hours ago

Property Description

Tucked into Portland’s Creston-Kenilworth neighborhood, this one’s got range. Equal parts classic bungalow charm and savvy income-producing opportunity, this versatile property pairs a sunny 2BR/1BA main home with a permitted lower-level ADU studio—all just moments from neighborhood parks, local cafés, popular dining, transit, and the everyday perks that make close-in SE living so appealing. Step into the main home and you’ll find all the character you’re hoping for: freshly updated hardwood floors, a light-filled living room, and a cozy wood-burning fireplace that anchors the space. Mini split cooling keeps things comfortable year-round, while the thoughtful layout makes everyday living easy.Downstairs, the permitted studio ADU offers a well-appointed full bath and serious flexibility. Whether you’re looking for supplemental rental income, a guest retreat, work-from-home separation, or multigenerational living potential, this space is ready to adapt. Both living spaces include separate washer and dryer access, adding convenience and independence for day-to-day living. Outside, a fully fenced yard offers room to relax, garden, or entertain, while the long driveway and detached two-car garage provide plenty of off-street parking and storage. Live in the main home and let the ADU help offset ownership costs, create space for extended living, or add a strong-performing asset to your portfolio. With commercial zoning, a history of long-term tenancy, and an estimated 5.5% cap rate, this is flexibility at its finest. Financials based exclusively on the Property Management firms records, Buyer to verify. A rare close-in SE opportunity with classic character, built-in versatility, and income potential to match. New roof in 2023 and a 10/10 Home Energy Score! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10011023]

Listing Status:
Active
Date Added:
May 7, 2026
Data Last Updated:
May 7, 2026 at 8:41PM
Listing Office:
Living Room Realty : 503-719-5588
Listing Agent:
Jennifer O'Brien : 312-965-7519
MLS ID:
719524365
  • Appliances: DishwasherDisposalFree standing rangeRange hood
  • Basement: FinishedSeparate living quarters apartment aux living unit
  • A/C: Heat pump
  • Heating: DuctlessHeat pump
  • Fireplace: Wood burningFireplaceFireplaces: 1
  • General: Cement sidingCovered deckFencedGardenYard
  • Style: Stories 2Bungalow
  • Parking: DrivewayOff streetParking spaces: 2
  • Roofing: Composition
  • General: Slab
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: CANONGATEBLOCK BLOT 15R126490
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Jennifer O'Brien , Living Room Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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