5934 NE 16TH AVE Portland, OR $ 1,200,000
5934 NE 16TH AVE
$ 1,200,000
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5934 NE 16TH AVE

Portland, OR, 97211
$ 1,200,000
Bedrooms5 Baths5.0 Sq 2,767

Monthly Estimate*

$ 7,577

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Multi-Family Home for sale in Portland, OR

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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,371

Style

Lot Size

0.11

Year Built

2017

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

260809048

Features
General
Sewer 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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Interior
Basement 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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Exterior
Parking 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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Internal Only
Street Number 1 5934
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* Excluded Features
List By
Cascade Hasson Sotheby's International Realty

Broker

mark@urbanportland.com

Email

Affordability Calculator

$8,525
Per Month
89%
11%
0%
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.
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Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$1,200,000 Listed Price

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5934 NE 16TH AVE, Portland, OR, 97211 is a Multi-Family Home for sale at $1,200,000 with 2,767 sqft and a lot size of 0.11. 5934 NE 16TH AVE has 5 bedrooms, 5.0 baths, and was built in 2017. The property's zip code is 97211 which is in Portland, OR