1920 NE 127TH AVE
Portland, OR, 97230 $ 525,000
Bedrooms5 Baths2.0 Sq 2,082 Monthly Estimate*
$ 3,275
for $525,000 with 5 bedrooms and 2 full baths. This 2,082 square foot home was built in 1955 on a lot size of 0.22.
This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan!
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FeaturesInteriorInterior Amenities HardwoodFloors TileFloor
Basement Finished FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
Total Fireplaces 1
Fireplace Features Gas
Hot Water Electricity
Total Bathrooms 2.0
Total Bedrooms 5
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances ApplianceGarage Dishwasher FreeStandingRange Microwave Tile
Zoning R7
Garage Spaces 1.0
Architectural Style Ranch
Year Built 1955
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R283613
County Multnomah
Property Type Residential
HOA N
Subdivision Name RUSSELL
Full Baths 2
Status Active
Directions NE Schuyler St to NE 127th Ave
High School Parkrose
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Russell
Tax Annual Amount 5163.89
Middle/Junior High School Parkrose
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TALLY-HO BLOCK 1 LOT 16
ADU False
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ExteriorExterior Amenities CoveredPatio Deck Fenced Garden ToolShed Yard
Parking Features Driveway
Lot Features Cul_de_sac Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Attached Oversized
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2082.0
Lot Size Acres 0.22
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,275
- Monthly Property Taxes
- $430
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $714,081
Percent of Sale Price 36%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949759 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/20/2025 | $525,000 | | Listed Price |