5934 NE 16TH AVE
Portland, OR, 97211 $ 1,200,000
Bedrooms5 Baths5.0 Sq 2,767 Monthly Estimate*
$ 7,577
for $1,200,000 with 5 bedrooms and 5 full baths. This 2,767 square foot home was built in 2017 on a lot size of 0.11.
Two complete residences, two private outdoor settings, one Exceptional Scandinavian-modern farmhouse. Constructed by award-winning Olson Design-Build. The ingenious plan pairs a 3-bedroom, 2.5-bath main residence with a two-story, 924-square-foot ADU offering 2 bedrooms, 1.5 baths, comparable premium finishes, and its own elec-meter. exceptional flexibility without sacrificing privacy or architectural cohesion.Clean, simple lines, natural materials, and transitional finishes, including stacked subway tile in the kitchen and baths, create enduring appeal. The main home combines polished concrete floors, high ceilings and smooth-coat walls with black Pella casement windows and clear vertical-grain fir entry doors, cabinetry, and staircase. Centered on a generous island, the kitchen features Pental Quartz, soft-close cabinetry, and premium appliances by Miele, Bosch & KitchenAid. A freestanding gas fireplace anchors the living room and separates it from the dining area and kitchen; a powder bath completes the main level.Upstairs, cork floors lead to a vaulted primary suite with dual sinks, quartz, radiant-heated floors, and an oversized dual shower. The second bath also offers heated floors plus a soaking tub. A matching LG washer and dryer are conveniently located near the bedrooms. A covered patio with its own gas fireplace and adjoining built-in spa opens to the private, fenced yard. The rear ADU enjoys a secluded yard of its own, providing remarkable visual and acoustic separation.The ADU is currently leased through December at $2,300/month and was previously offered as an AirBnB nightly rental with excellent returns. Since opening the main home to nightly rentals, the ADU has been converted to monthly to comply with city permits. The main home enjoys a 4.98 rating on AirBnB. Situated steps from Podnah's BBQ, HatYai, Coffee & pubs, a few blocks to Alberta Park & Alberta Arts District. EZ commute to downtown or PDX Int'l. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250665]
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FeaturesGeneralSewer PublicSewer
Heating ENERGYSTARQualifiedEquipment MiniSplit Radiant
Cooling EnergyStarAirConditioning MiniSplit
Zoning R-5
Garage Spaces 0
Security Features SecurityLights
Year Built 2017
Stories Count 2
Parcel Number R229261
Gross Income 98360.0
Community Features CentralAir FrontYardLandscaping SpaHotTub
County Multnomah
Net Operating Income 63803.0
Operating Expense 34557.0
Property Type MultiFamily
HOA N
Rent Includes Electricity Gas Heat Sewer TrashCollection Water
Status Active
Directions Ainsworth to 16th turn south one half block.
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional VALoan
Elementary School Vernon
Tax Annual Amount 11371.55
Middle/Junior High School Vernon
Virtual Tour https://www.zillow.com/view-imx/1a31b2f3-338f-46de-b6a3-00c91e4044e6?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description OAKHURST BLOCK 8 LOT 18
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InteriorBasement None
Storage Attached
Hot Water Tank Tankless
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Exterior Description Cedar CementSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 2767.0
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Paved
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* Excluded FeaturesList ByCascade Hasson Sotheby's International RealtyBroker
mark@urbanportland.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,577
- Monthly Property Taxes
- $948
- 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 NearbyMulti-family listings in Portland, OR
Average List Price $1,637,802
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.
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $1,200,000 | | Listed Price |