11338 SW Capitol Hwy

Portland, OR 97219
  • $600,000

    Price
  • 4

    Bed
  • 3.5

    Bath
  • 2,297

    SqFt

About the Listing JLSP02 - MATTHEND

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.

Listing Highlights

Status Active
Days on Site 0
Property Type Condo/Townhome
MLS ® 210829070
Year Built 2001
Total Square Footage 2,297
Lot/Acreage 0.19
County Multnomah
HOA Dues 300/Annually
Elementary School Markham
Middle School Jackson
High School Ida B Wells

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Built-in Range, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Granite, Microwave
  • Air Cond:
  • Heating: Forced Air - 90%
  • Fireplaces: 1, Electric
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Granite,High Ceilings,Separate Living Quarters/Apartment/Aux Living Unit,Wall to Wall Carpet,Washer/Dryer,Wood Floors
  • Water: Public Water

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof: Composition
  • Others: AccessoryDwellingUnit,Fenced,Second Residence,Yard,Resale
  • Sewer: Public Sewer
  • Parking Features: Attached,Driveway

Financial Details

  • Tax Amount: $10,235
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R481901
  • Tax Year: N/A

Payment Calculator

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Questions About..

11338 SW Capitol Hwy Portland, OR 97219

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Originating MLS: Regional Multiple Listing Service, Inc.

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Hannah Fouts-Sparks

| Sparks Property Group: Your trusted Oregon realtors | SMI Real Estate

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