2535 NE 38TH AVE, Portland, OR 97212

$712,000
3
BD
2
BA
1,752
SqFt

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Sold Price
$712,000
List Price
$685,000
Closing Date
Jun 09, 2026
Days on Market
32
Status
SOLD
MLS#
596304918
Bedrooms
3
Bathrooms
2
Living Area
1,752
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast

Property Description

This charming 1926 bungalow sits in one of Portland's most sought-after neighborhoods, with easy access to major highways, transit, and nearby parks. Offering 3 bedrooms, 2 bathrooms, and 1,752 sq/ft. The home also includes a fully permitted standalone ADU, built in 2019, making it a truly exceptional find. Inside, original oak hardwood floors and a wood burning fireplace carry warmth and history throughout the main floor, while thoughtful renovations have touched nearly every system and surface. A brand new roof (2026), updated electrical and plumbing, and new windows provide lasting peace of mind — all while preserving the home's charming architectural soul. Both bathrooms have been fully remodeled with care, and a tankless gas hot water heater ensures on-demand efficiency for everyday living. Step outside to the perfectly situated covered deck, complete with a gas fireplace — an ideal space for year-round entertaining or quiet evenings in a serene, private setting.The fully permitted, standalone 288 sq/ft ADU is a standout feature, offering exceptional flexibility for multi-generational living, a long-term rental, or a stylish guest retreat. Complete with a Murphy bed, its own kitchen, and in-unit laundry, it functions beautifully as an independent living space. An extra-deep driveway provides generous off-street parking — a true Portland luxury — and the convenient location puts you close to everything the city has to offer. This is a rare opportunity to own a property with soul, substance, and serious upside. Welcome home.

Additional Information

Tax Amount
$8,759
Year Built
1926
High School
Grant
Elementary School
Beverly Cleary
Middle School
Beverly Cleary
Fireplaces Total
1
Garage Spaces
1
Garage Type
Converted, Detached
Acres
0.08
Living Area
1,752
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Lower
Cooling Description
None
Fireplace Description
Wood Burning
Fuel Description
Electricity, Gas
Heating Description
Forced Air - 90%
Hot Water Description
Gas, Tankless
Exterior Description
Shake Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Bungalow
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Road Surface
Paved
Exterior Features
Accessory Dwelling Unit, Covered Deck, Deck, Fenced, Outdoor Fireplace, Patio, Porch, Public Road, Raised Beds, Water Feature, Yard
Interior Features
Accessory Dwelling Unit, Hardwood Floors, Washer/Dryer, Wood Floors
Kitchen Appliances
Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Broker. Selling Office: Neighbors Realty.

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