$499,000
 $2,679 est/mo Sourced by Back At You

11338 SW Capitol Hwy,Portland, OR 97219

Portland, OR 97219

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Description

This rare property offers the perfect blend of comfortable living and built-in rental income, making homeownership more attainable while providing long-term investment potential. The primary residence offers approximately 1,862 square feet with 3 bedrooms, 2.5 bathrooms, an open-concept floor plan, granite countertops, laundry on the main level, an attached two-car garage, and a private, low-maintenance backyard. Above the detached garage is an approximately 435-square-foot fully permitted studio ADU with its own private entrance, remodeled kitchen and bathroom featuring quartz countertops, and stackable washer and dryer. Whether you're looking to reduce your monthly housing costs by renting the ADU or add a turnkey investment to your portfolio, this property offers exceptional flexibility. The primary residence is currently leased for $2,255/month and the detached studio ADU rents for $1,320/month, providing immediate income potential for investors or future owner-occupants. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10115189]

Details

MLS #210829070
Listing TypeFor Sale
StyleHouse
HOA Dues$300
Sub-TypeResale
StatusActive
Year2001
Days On Site104
Listing Provided ByJohn L. Scott | Matt Henderson

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,297
Garage2
Story(s)2
Acreage0.19

Interior

HeatingForced Air90
Heating YnYes
Cooling YnNo
Interior FeaturesGranite, High Ceilings, Separate Living Quarters Apartment Aux Living Unit, Wallto Wall Carpet, Washer Dryer, Wood Floors
AppliancesBuiltin Range, Dishwasher, Free Standing Refrigerator, Gas Appliances, Granite, Microwave

Exterior

Exterior FeaturesAccessory Dwelling Unit, Fenced, Second Residence, Yard
RoofComposition

Parking

Attached Garage YnYes
Parking FeaturesDriveway

Taxes

Property10234

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97219
School DistrictIda B Wells
Elementary SchoolMarkham
High SchoolIda B Wells
Listing VS Median (in 97219)
Price:
$499,000
low | high
Med:
$654,950
18.74749498998% of Average
sqft:
2,297
low | high
Med:
1,613
79.799738789726% of Average
$ / sqft:
$217
low | high
Med:
$409
38.161971603885% of Average
On site:
104
low | high
Med:
25.5
100% of Average
Sourced by Back At You

Market Activity 97219

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyMultnomah
CityPortland
Zip Code97219
School DistrictIda B Wells
Elementary SchoolMarkham
High SchoolIda B Wells
Listing VS Median (in 97219)
Price:
$499,000
low | high
Med:
$654,950
18.74749498998% of Average
sqft:
2,297
low | high
Med:
1,613
79.799738789726% of Average
$ / sqft:
$217
low | high
Med:
$409
38.161971603885% of Average
On site:
104
low | high
Med:
25.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $623K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
11547 SW 56TH PL Property Photo 1
$599,000
11547 Sw 56th Pl
Portland, OR 97219
Listing Updated: November 2, 2026 at 8:15:53 AM PST