Homes for sale - 508 NE 56TH AVE, Portland, OR 97213

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Brian Johnson

brian@bcjohnsonhomes.com +1(503) 957-5587

Listed by Kelly Right Real Estate of Portland, LLC

$ 799,000

Est. payment | -/mo

3 Beds

2.1 Baths

2,554 SqFt

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$ 799,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2.1 Baths

2,554 SqFt

Key Details

Property Type Townhouse

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,554 sqft

Price per Sqft $312

MLS Listing ID 132807779

Style Contemporary, Live Work Unit

Bedrooms 3

Full Baths 2

Year Built 2021

Annual Tax Amount $7,216

Tax Year 2024

Property Description

Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland's most exclusive properties! This home is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you're ahead of the curve in this evolving market. The home is perfectly suited for individuals who value flexibility and lifestyle—whether you're a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland's vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it's an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest's most dynamic cities.

Location

State OR

County Multnomah

Area _142

Zoning CM2

Rooms

Basement None

Interior

Interior Features Floor4th, Hardwood Floors, Quartz, Wood Floors

Heating Forced Air95 Plus

Cooling Air Conditioning Ready

Appliance Builtin Range, Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Tile

Exterior

Parking Features Attached, ExtraDeep

Garage Spaces 1.0

View City

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 4

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 4

Schools

Elementary Schools Laurelhurst

Middle Schools Laurelhurst

High Schools Grant

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Regional Multiple Listing Service (RMLS)

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Brian Johnson

REALTOR®, Licensed in Oregon & Washington | Lic# 201220025

brian@bcjohnsonhomes.com

+1(503) 957-5587

5523 N Atlantic Ave, Portland, OR, 97217, USA

508 NE 56TH AVE Portland, OR 97213

Brian Johnson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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508 NE 56TH AVE