$850000

Price cut: $15K (06-21-2025)

4 Bed
2 Bath
3304 SqFt
15 DOM
Built: 1910
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Exceptionally well maintained single family home & ADU with unique income opportunity! 3 bedroom home with a permitted 1 bedroom ADU in the Richmond neighborhood/Hawthorne District, one of Portlands most sought after locations. Incredible convenience with a 92 walk score, 100 bike score, surrounded by fine/casual dining, bookstores, vintage shops, boutiques and cafes. Approx 1 mile to both Mt Tabor & Laurelhurst Parks. The ADU allows opportunity for short or long-term renters, a safe space for parents with no stairs or a separate apartment for teenagers/college students. Maintaining original detail, charm and quality was carefully considered through extensive updates. Main floors offer great functional flow with hardwoods, stainless appliances, solar skylights, vinyl windows, custom cabinetary and tiles. New foundation and spacious 1 bedroom ADU professionally built in 2017. ADU features separate electric meter, laundry, private entry, exposed beams, mini-split heating/AC and full kitchen with sleek modern industrial finishes. Decks in both front and back with a low maintenance fenced backyard. Wiring available for electric car charging. Truly too much to list, ask your agent for the updating expenditure list. Move in ready & must see! Information is deemed reliable but not guaranteed, buyers to do their own due diligence when purchasing property.

Listing Provided Courtesy of Jennifer Gurzi, Knipe Realty ERA Powered

General Information

MLS #749934195
TypeSingleFamilyResidence
Days on Market 15 DOM
Beds4
Lot Size 3920.4 SqFt
Baths2
SqFt3304
Year built1910
ZoningR2.5
CountyMultnomah
Tax IDR176644
ElemGlencoe 8/10
MiddleMt Tabor 4/10
HighFranklin
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)HAWTHORNE AVE ADD, BLOCK 8, S 1/2 OF LOT 10, LOT 11

Listing Provided Courtesy of Jennifer Gurzi, Knipe Realty ERA Powered

Krishna Realty data last checked: Jun 27, 2025 21:31 | Listing last modified Jun 21, 2025 16:13, Source:

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Residence Information

Upper SqFt672
Main SqFt1393
Lower SqFt1239
Total SqFt3304
SFSrcAppraisal
TotUp/Mn2065
Fireplaces1/Gas
Bdrms4
Full Bath2
Partial Bath0
Total Bath2
RoofComposition
Garage
StyleCraftsman,CustomStyle
Parking
Levels3
Year Built1910
Green CertNo
Energy Eff
ExteriorOther, WoodSiding
Bsmt/FndExteriorEntry,Finished,SeparateLivingQuartersApartmentAuxLivingUnit
RV
URM
BasementExteriorEntry,Finish
Foundation
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolMiniSplit
Water
HeatDuctless, ForcedAir
SewerPublicSewer
Hot Water
FuelElectricity, Gas

Financial

PTax/Yr7672.38
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date06-06-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 15
CDOM 21
Sold Date
TermsCash,Conventional
Original Price$865,000
List Price$850,000
Sold Price
Last ModifiedJun 21, 2025 16:13

Schools

public Elementary : Glencoe 8/10 Ratings

public Middle : Mt Tabor 4/10 Ratings

High : Franklin N/A Ratings

Map

Listing courtesy of Knipe Realty ERA Powered.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Jun 27, 2025 21:31 | Listing last modified Jun 21, 2025 16:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

1531 SE 48TH AVE