6516 NE 23RD AVE
Portland, OR, 97211 $ 739,000
Bedrooms4 Baths2.0 Sq 1,840 Monthly Estimate*
$ 4,550
for $739,000 with 4 bedrooms and 2 full baths. This 1,840 square foot home was built in 1942 on a lot size of 0.12.
Check out this light-filled mid-century Cape Cod in the heart of Concordia - an ideal setup for anyone who wants a cute, comfortable home - and add to that a fully private, detached ADU that brings in real monthly income. The ideal house for style, income, and space.The main home offers 4 bedrooms and 2 baths with a smart layout that lives bigger than expected, anchored by a bright main level with an open pass-through connecting the kitchen and living room. The dining and living room flow together for easy everyday living and entertaining. Downstairs, the finished basement features two bedrooms, both with egress windows, a large bathroom, and a dedicated utility room plus great storage. The large fourth bedroom also works beautifully as a family room, media space, or entertainment room. The home has many updated items, a newer roof and furnace! Outside, tucked off the paved alley sits the detached ADU, built in 2020, with true separation for privacy, giving you a fully detached living space with its own access. The ADU sits above a workshop/garage that is fully insulated for climate comfort and noise reduction, and has its own mini-split and a plethora of outlets, a creatives dream studio. Upstairs in the ADU is a unique vaulted living space with a lofted bedroom, open beams, large bathroom with full size laundry, huge kitchen area, and an amazing south-facing deck that spans the length of the home and brings in sunshine and fresh air. The ADU currently rents for $1,800 per month, helping offset ownership costs and making the primary residence far more affordable. This could offset the primary home to be like buying a residence for under $400,000!!!. A rare chance to cut your monthly payment dramatically while owning an exceptional property.Close to the U of O Concordia campus,, Tamale Boy, and the shops and restaurants around NE 18th and Dekum, Kennedy school, and everything Northeast Portland has to offer nearby. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241367]
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FeaturesInteriorInterior Amenities HardwoodFloors Laundry WasherDryer WoodFloors
Basement Finished FullBasement
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity Tank
Window Features VinylFrames WoodFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ENERGYSTARQualifiedEquipment ForcedAir95Plus
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator
Garage Spaces 1.0
Architectural Style Capecod
Year Built 1942
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R190764
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions From Ainsworth N on 23rd
High School Jefferson
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Faubion
Tax Annual Amount 5034.65
Middle/Junior High School Faubion
Property Condition Approximately
High School 2 Leodis McDaniel
Virtual Tour https://youtu.be/iryI7tr3UEw
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description IRVINGTON PK BLOCK 65 LOT 3
ADU True
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ExteriorExterior Amenities AccessoryDwellingUnit
Parking Features OffStreet OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description Asbestos CementSiding
Building Area Total 1840.0
Lot Size Acres 0.12
Road Surface Type Paved
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* Excluded FeaturesList Bymatt@livingroomre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,550
- Monthly Property Taxes
- $420
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $743,923
Percent of Sale Price 1%
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.
1950944 Elementary School
1950956 Middle School
Jefferson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/1/2026 | $739,000 | | Listed Price |