6516 NE 23RD AVE, Portland, OR 97211

$650,000
4
BD
2
BA
2,360
SqFt

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Sold Price
$650,000
List Price
$675,000
Closing Date
Jul 24, 2026
Days on Market
84
Status
SOLD
MLS#
175220278
Bedrooms
4
Bathrooms
2
Living Area
2,360
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast

Property Description

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 $350,000!!! 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]

Additional Information

Tax Amount
$5,034
Year Built
1942
High School
Jefferson
Elementary School
Faubion
Middle School
Faubion
Fireplaces Total
1
Garage Spaces
1
Garage Type
Detached
Acres
0.12
Living Area
2,360
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Fireplace Description
Wood Burning
Fuel Description
Gas
Heating Description
ENERGY STAR Qualified Equipment, Forced Air - 95+%
Hot Water Description
Electricity, Tank
Exterior Description
Asbestos, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Capecod
Parking
Off Street, On Street
Parking Description
Off Street, On Street
Road Surface
Paved
Exterior Features
Accessory Dwelling Unit
Interior Features
Hardwood Floors, Laundry, Washer/Dryer, Wood Floors
Kitchen Appliances
Free-Standing Range, Free-Standing Refrigerator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Living Room Realty. Selling Office: Windermere Realty Trust.

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