1203 SE 53RD AVE

Portland, 97215

  • 4 Bed

  • 2.5 Bath

  • 3156 SqFt

  • 75 DOM

  • Built: 1912

  • Status: Active

$949,000

Price cut: $30K (07-25-2025)

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1203 SE 53RD AVE

Portland 97215

$949000

Price cut: $30K (07-25-2025)

  • 4 Bed

  • 2.5 Bath

  • 3156 SqFt

  • 75 DOM

  • Built: 1912

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Two beautiful homes on one tax lot, the large main home and a separate ADU with it's own address...A rare find in one of the hottest neighborhoods in SE Portland! The original craftsman bungalow is adorned with gorgeous hardwood floors throughout the main floor. The open living room boasts amazing wood box beams in the ceiling, period specific built-ins, a wood-burning fireplace, and beautiful hand painted murals. The dining room opens to the living room with built-in buffet cabinets and a window seat with storage. Large kitchen and newly renovated 1/2 bath with washer and dryer also on the main floor. The upstairs has carpet throughout and 3 spacious bedrooms. The full bath upstairs has plentiful storage and a claw foot soaking tub for optimum relaxation. This beautiful home also has a full basement with the potential to be converted into a one-bedroom apartment with exterior entry. A new water heater and gas furnace installed last year and new mini splits with AC installed this year. New front steps and paint in 2023 as well as a new electrical panel in 2020. Outside the house sports a fresh paint job and a newer roof with a very low maintenance yard. The ADU was built with high end finishes, including full size bedroom on the main, a loft, a gas fireplace with hand painted tile, bamboo floors, heated bathroom tile floor, brand new on-demand hot water heater, full size kitchen, and a washer/dryer. Four skylights shower the home in natural light. ADU was previously rented for $1800/mo and the main home was previously being rented for $2850/mo. This is an amazing opportunity to have a beautiful primary residence with the potential to add more beds/baths in the basement for an additional rental property or more living space and built in rental income from the ADU. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10231554]

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