2606 SE 16TH AVE, Portland, OR 97202
- $1,214,580
- 685
- SqFt
- Sold Price
- $1,214,580
- List Price
- $1,225,000
- Closing Date
- Jun 17, 2026
- Days on Market
- 48
- MLS#
- 762618329
- Property Type
- Multifamily
- Sqft. of Residence
- 685
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property Description
This light-filled 1910 Craftsman was meticulously restored down to the studs, including all new systems, in 2022. Lovingly maintained, it's nestled between two of Portland’s most desirable neighborhoods Hosford-Abernethy/Ladd's Addition and has an established Accessory Dwelling Unit providing a rare, turnkey income-producing opportunity!Arched doorways, hardwood floors and large windows define the main level. The living room with its handcrafted brick fireplace flows into a formal dining room with glass built-ins. The updated kitchen features custom cabinetry, dark stone countertops, stainless appliances including gas range, and a sunny breakfast nook and a laundry room, leading to a half bath. Upstairs, a primary bedroom features an en-suite full bath with heated tile flooring. Two additional bedrooms share a second full bath, which has floor-to-ceiling tile, bathtub, and a walnut vanity.The basement offers a finished, nearly 650-square-foot rec room—ideal for a media room, gym, or studio—plus additional partially finished storage. The fenced, landscaped backyard with patio and lawn is well suited for outdoor dining and summer gatherings.The 685-square-foot detached ADU, completed in 2022, has a private entrance and designated parking with an EV charger. A one-car garage offers additional parking or storage. Spanning two levels, the ADU features a full kitchen, living area, bedroom, and full bath. With three years of consistent five-star Airbnb reviews, this established ADU generates over $40K annually—an amazing turnkey investment opportunity, ready for a new owner to take over!Situated in a highly sought area of Portland, this home is just three blocks from "Seven Corners" grocery and moments from Division and Clinton Street’s acclaimed restaurants, shops, cafes, and bars and boasts a Walk Score of 92 and Bike Score of 100.Offer Received - deadline 5/19 @ 8am [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10191503]
Additional Information
- Tax Amount
- $13,378
- Year Built
- 1910
- High School
- Cleveland
- Elementary School
- Abernethy
- Middle School
- Hosford
- Garage Spaces
- 1
- Acres
- 0.11
- Living Area
- 685
- Stories
- 2
- Subdivision
- HOSFORD/ABERNATHY/LADDS
- Terms
- Cash, Conventional
- Cooling Description
- Central Air
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air - 95+%, Mini Split, Wall Heater
- Hoa Rent Includes
- Electricity, Sewer, Water
- Hot Water Description
- Gas
- Exterior Description
- Cedar, Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway
- Parking Description
- Driveway
- Road Surface
- Paved
- Number Of Units Total
- 1
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 4000
- Unit Type One Sq Ft
- 685
- Unit Type One Units Total
- 1
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Listing courtesy of Portland's Alternative Inc., Realtors. Selling Office: Windermere Realty Trust.
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