5 Homes for Sale With Extra Living Quarters in North Portland

Looking for a home with extra living quarters for extended family? Maybe you want a space for guests or your favorite hobby. Or maybe you’re ready to dive into the world of being a landlord, and if so, it’s important to stay on top of ever-changing rental laws. Whatever your reason, we have the full map of all Portland homes for sale.

We checked out North Portland this week to see what’s available and found these 5 homes for sale with extra living quarters for $700K and under. To find these homes, we selected “Single Family” and set the max price at “$700K.” Then we selected “Extra Living Quarters” from the drop down menu and zoomed in on North Portland. These homes either have existing extra living quarters or they have the potential to build them in.

Check them out and see what you think.

1. 8234 N Fenwick Ave

This 1920s Bungalow is a lush urban oasis located on a treed corner lot, just one block from the heart of Kenton neighborhood and the MAX! The home has new exterior and interior paint. Inside, you’ll find French doors, a fireplace, and new built-in walnut bookcases. There’s a large bonus room in the basement used as a fourth/primary bedroom. The home also has a high-efficiency furnace and AC, as well as updated electrical and insulation. The yard boasts mature blueberries, currants, kiwi, lilacs, raised beds, and a newer fence with reinforcement for dogs. The detached garage with a side drive has great ADU potential. And if all this isn’t enough, the home also has a WalkScore of 85 WalkScore and a Home Energy Score of 7.

2. 6949 N Astor St

This home is a Jack-of-All-Trades near lovable St. Johns. Live/work? You got it. Multi-generational living? Done. Income property potential? Easy peasy. Major possibilities are wrapped up in a clean, inviting little package with this home. The airy, open concept main level has a galley kitchen, two living spaces, freshly remodeled full bath, and big lofty upstairs bedroom. Downstairs, you’ll find a gorgeous renovated second kitchen, full bath, and two additional bedrooms. There’s also an adorable landscaped back patio, and a big outbuilding with ADU potential.

3. 5911 N Michigan Ave

Come see this amazing single-family home with a permitted ADU/mother-in-law suite on the lower level in the Heart of North Portland. The high-grossing Airbnb unit generates nearly $2,000/month on a part-time basis. It can also be used as a guest suite, art studio, media room, or storage space. Live in the main unit or rent for $2,250/month, with two bedrooms and two full bathrooms. Each unit has a washer and dryer. A potential CAP RATE of 6.01% is an excellent opportunity for first-time investors or seasoned landlords. This one is a must-see!

4. 932 N Holland St

Don’t miss an amazing opportunity to own one of the only newer homes in the city with lots of indoor and outdoor living space! Not a postage stamp lot! There’s a new, converted 400-sq. ft. studio that generates up to $2,000 per month. The main house has a new roof and three levels of living space, one of which is an updated basement with a full bath (possible third unit?). This home has tons of storage and is a great option for big multi-generational families, a home office, and/or an investment property. Listing agent is the owner!

5. 6540 N Williams

Own a piece of Portland history with this gorgeous Cape Cod home with alley access! The main house has four bedrooms and two baths with 10-foot coved ceilings, arched doorways, wainscoting, built-ins, window seat, and claw foot tub. The home also has new windows, non-combustible siding, roof, gutters, and A/C. The daylight basement has two bedrooms and one bath and is used as a second dwelling. There’s also a detached art studio with a full bath, heated floors, vaulted ceiling, and skylight. Thoughtful, mature landscaping, raised beds, flowers, fruit trees, and hardscape paths lend privacy and a sense of wonder to this special property.

Looking for a Home with Extra Living Quarters in Portland?

If you’re looking for a home with extra living quarters in North Portland—or anywhere in the Portland metro area—get in touch with our top 1% buyer’s team today. Chat with the bot on our site or call us at 503-773-0000. We’ll show you what Portland has to offer and bring our 18 years of experience to your real estate transaction.

Written by Stephen FitzMaurice
Published on August 9, 2022