6538 SE 38TH AVE
Portland, OR, 97202 $ 1,050,000
Bedrooms4 Baths4.1 Sq 4,202 Monthly Estimate*
$ 6,630
for $1,050,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,202 square foot home was built in 2000 on a lot size of 0.15.
INCOME POTENTIAL + FLEXIBLE LIVING! Two private spaces with separate entrances offer exceptional possibilities for potential rental income, guests, multigenerational living or dedicated workspaces. This exceptional home sits on a quiet, no-through-traffic street. A rare combination of beautiful design, privacy, versatility & income potential - come see how this home can work for you! The main level delivers true one-level living with hardwood floors, open living & dining spaces, floor-to-ceiling display cabinetry, a den with glass pocket doors & custom fireplace, private primary suite, laundry room & minimal-step access from the oversized garage. The kitchen is beautifully appointed with abundant cabinetry & pantry space, slab granite countertops, high-end stainless appliances & concealed DishDrawers. The primary suite is a retreat of its own, featuring a screened porch, spacious walk-in closet & spa-like bath with Pratt + Larson tile, heated floors, double vanity & walk-in shower. Upstairs expands the possibilities with a large media/playroom, office with territorial & OHSU views, additional bedroom, full steam SPA bath & SAUNA, & a perfectly finished private suite- including kitchenette - with separate entrance - an especially appealing option for rental income, guests or a home office. The lower level offers another private living space with interior & exterior access, bedroom, full bath, kitchenette & rec area. Use it as guest quarters, extended living space - or explore its potential as an additional income-producing space.Whole-home ethernet, integrated interior/exterior speakers, security system with Ring doorbells & professionally designed, low-maintenance landscaping add thoughtful modern convenience. Minutes to Berkeley Park & close to Duniway Elementary. The multiple private suites + Reed proximity + OHSU views gives a very concrete picture of the opportunity this home provides! [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10247993]
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FeaturesInteriorInterior Amenities CorkFloor GarageDoorOpener Granite HardwoodFloors HeatedTileFloor HighCeilings HighSpeedInternet JettedTub Laundry SeparateLivingQuartersApartmentAuxLivingUnit Skylight SoundSystem VaultedCeiling Wal
Basement Finished PartialBasement
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas
Window Features VinylFrames
Total Bathrooms 4.1
Total Bedrooms 4
Total Baths 5
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinOven BuiltinRange BuiltinRefrigerator Dishwasher Disposal DoubleOven GasAppliances Granite Pantry SolidSurfaceCountertop StainlessSteelAppliance
Garage Spaces 1.0
Architectural Style CustomStyle Traditional
Security Features SecurityLights SecuritySystem
Year Built 2000
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R126145
Accessibility GarageonMain MainFloorBedroomBath UtilityRoomOnMain WalkinShower
County Multnomah
Property Type Residential
HOA N
Subdivision Name Eastmoreland
Full Baths 4
Status Pending
Directions SE 38th & Glenwood- this portion of SE 38th is not a through street.
High School Cleveland
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Duniway
Tax Annual Amount 18290.75
Middle/Junior High School Sellwood
Property Condition Resale
Virtual Tour https://iframe.videodelivery.net/7989b96706389003768cb74cdf6dca20
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description CAMPUS HTS BLOCK 4 LOT 13 & S 13.20' OF LOT 14
ADU False
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ExteriorExterior Amenities CoveredDeck FreeStandingHotTub GuestQuarters Patio Porch StormDoor
Parking Features Driveway
Lot Features Private
Water Source PublicWater
Total Parking 1.0
Garage Type Attached Oversized
Exterior Description Other WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 4202.0
Lot Size Acres 0.15
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,630
- Monthly Property Taxes
- $1,524
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $759,027
Percent of Sale Price 28%
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.
1949692 Elementary School
1948901 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/27/2026 | $1,050,000 | -12.13% | Price Down |
| 6/29/2026 | $1,195,000 | -7.29% | Price Down |
| 4/20/2026 | $1,289,000 | | Listed Price |