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Listing courtesy of Kelly Right Real Estate of Portland, LLC.
Description
Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland’s most exclusive properties! This home is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you’re ahead of the curve in this evolving market. The home is perfectly suited for individuals who value flexibility and lifestyle—whether you’re a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland’s vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it’s an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest’s most dynamic cities.
Property Details and Features
Property Access
- Road Surface Type: Paved
Appliances & Equipment
- Appliances: Dishwasher,FreeStandingRange
Bathrooms
- 2 total baths
- 2 full bathrooms
- 1 total main level bath
- 1 main level full bath
- 1 upper level total bath
- 1 upper level full bath
Bedrooms
- 4 total bedrooms
Building
- Architectural Style: Craftsman
- Building Area Calculated: 1500
- Building Area Description: Agent
- Building Area Total: 1640
- Built in 1904
- Main Level Area Total: 1000
- Stories: 2
- Upper Level Area Total: 500
Cooling
- Cooling Equipped
- Cooling: MiniSplit
Disclosures
- Disclosures: Disclosure
Exterior Features
- Exterior Description: LapSiding
Heating
- Heating Available
- Heating: Ductless,MiniSplit
Listing
- Contract Status Change Date: 2025-01-08
- Days On Market: 21
- Last Transaction Date: 2025-01-13 20:21:05
- List Price: $1,195,000
- Listing Contract Date: 2025-01-08
- Listing Id: 24172967
- Mls Status: Active
- Modification Timestamp: 2025-01-13 20:21:05
- On Market Date: 2025-01-08
- Standard Status: Active
Location
- MLS Area Major: _143
- County Or Parish: Multnomah
Lot
- Features: Level
- Size Acres: 0.12
- Size Range: SqFt5000to6999
- Size Square Feet: 5,227
- Size: 5,000 to 6,999 SqFt
Property
- Property Condition: Resale
- Property Sub Type: SingleFamilyResidence
- Zoning: CM2
Roof
- Roof: Composition
Schools
- High School: Cleveland
- Middle Or Junior School: Hosford
- Elementary School: Abernethy
Sewer
- Sewer: PublicSewer
Taxes
- Annual Amount: $3,971
- Legal Description
- Tax Year: 2024
Utilities
- Fuel Description: Electricity
- Water Source: PublicWater
This content last updated on January 31, 2025 01:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.