5538 NE 15th Ave, Portland
$659,000
Save- Price per sqft
- $265.51
- Built in
- 1912
- Property size
- 2,482 sqft
- Lot size
- 4,356 sqft
- Property type
- Residential
- Days on market
- 7
Overview
Pleasant surprises are around every corner of this money-maker, smack in the center of it all. As a successful short term and long term rental, the extra long driveway makes getting to and from the corner coffee shop/restaurant a breeze. The main home entry has a great sized mud room and custom designed slat wood wall that opens to the bright living room. An original built-in bar adorns the formal dining room, which centers the home. Off the dining room is a hallway with a storage nook, a full bathroom and two bedrooms with generous closets. The kitchen has ample counter space with granite countertops, stainless appliances, and a cozy dining nook. Additionally, tucked in a corner is one of two sets of washer/dryers (the other set being downstairs for the basement apartment use). The showstopper of the kitchen, however, is the sightline through the french doors that lead out back, which highlights the beautiful backyard patio. Upstairs houses another 2 bedrooms and deep closets for storage. Downstairs is the fully finished studio apartment with a separate exterior entrance. The space includes a full kitchen, dining area, living room, king size bed nook and full bathroom with clawfoot tub/shower. A quaint utility/storage area off the apartment has laundry, bike storage, and plenty of shelving. Whether you choose this home to live and love, or rent and earn, or a combination of both... this house is a winner! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193376]
Details
Interior
- Interior features
- Granite, Hardwood Floors, Laundry, Separate Living Quarters / Apartment / Aux Living Unit, Washer / Dryer
- Appliances
- Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free Standing Range, Free Standing Refrigerator, Granite, Plumbed For Ice Maker, Range Hood, Solid Surface Countertop, Stainless Steel Appliance
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 4,356 sqft
- Exterior features
- Fenced, Patio, Porch, Raised Beds, Tool Shed, Yard
- Architectural style
- Two Stories, Bungalow
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- Driveway, Off Street
- Total parking
- 0
Schools
- High school
- Jefferson
- Middle school
- Vernon
- Elementary school
- Vernon
Location
- City
- Portland
- County
- Multnomah
- Zoning
- R2.5
- Subdivision
- VERNON/ALBERTA ARTS
Taxes and dues
- Annual taxes
- $2,924 (2025)
Location
5538 NE 15th Ave, Portland, OR 97211

Monthly payment estimate
$3,751 /mo
- Principal and interest
- $3,507
- Property tax (2025)
- $244
- Total
- $3,751
Estimate only, and not an offer of credit. Assumes 20% down ($131,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.





