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Home + Sea Realty
4 Beds2 Baths2,482 sqft

5538 NE 15th Ave, Portland

$659,000

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ActiveMLS®: 454468326Listing held by another brokerage, marked RMLS
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

Map showing the location of 5538 NE 15th Ave, Portland, OR 97211
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,751 /mo

20% · $131,800
7.00%
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.

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