6118 NE 16th Ave, Portland
$399,950
Save
- Price per sqft
- $284.06
- Built in
- 1945
- Property size
- 1,408 sqft
- Lot size
- 5,227 sqft
- Property type
- Residential
- Days on market
- 5
Overview
Unlock the upside in this classic Portland bungalow positioned on a generous 5,000 sq ft flat lot. Featuring 4 bedrooms, 1.5 baths, a detached garage, and covered back porch, this property offers the ideal canvas for a strategic renovation or investment project. The detached garage - with existing water and ADU potential - adds significant versatility and future upside, subject to buyer due diligence and applicable zoning/permits. Create additional living space, a guest suite, rental unit, home office, or income-producing ADU. Whether you're an investor, builder, or savvy owner-occupant, this property offers multiple ways to add value. Renovate, reimagine, and capitalize on the potential. Flat lot, flexible layout, detached garage, and plenty of room to create something special make this a compelling Portland investment opportunity. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10252567]
Details
Interior
- Appliances
- Dishwasher, Free Standing Range, Free Standing Refrigerator, Solid Surface Countertop
- Fireplaces
- 0
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Forced Air
Exterior and lot
- Lot size
- 5,227 sqft
- Exterior features
- Covered Deck, Yard
- Lot features
- Level
- Architectural style
- Two Stories, Bungalow
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway, Off Street
- Total parking
- 2
Schools
- High school
- Jefferson
- Middle school
- Vernon
- Elementary school
- Vernon
Location
- City
- Portland
- County
- Multnomah
- Zoning
- R5
Taxes and dues
- Annual taxes
- $3,107 (2025)
Location
6118 NE 16th Ave, Portland, OR 97211
Monthly payment estimate
$2,388 /mo
- Principal and interest
- $2,129
- Property tax (2025)
- $259
- Total
- $2,388
Estimate only, and not an offer of credit. Assumes 20% down ($79,990) 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.
