508 NE 56TH AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97213
Key Details
Property Type Townhouse
Sub Type Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,554 sqft
Price per Sqft $312
MLS Listing ID 132807779
Style Contemporary, Live Work Unit
Bedrooms 3
Full Baths 2
Year Built 2021
Annual Tax Amount $7,216
Tax Year 2024
Property Description
Rare Permitted Short-Term Rental in Portland! Seize the opportunity to own one of Portland's most exclusive properties! This home is one of only approx. 50 properties in the city legally permitted for short-term rentals exceeding 90 days, offering unparalleled flexibility and peace of mind. With potential regulatory changes on the horizon, as indicated by the Portland City Council, securing a compliant property now ensures you're ahead of the curve in this evolving market. The home is perfectly suited for individuals who value flexibility and lifestyle—whether you're a frequent traveler, a bi-coastal resident, or someone looking for a turnkey rental in a thriving urban market. This property is a gateway to enjoying Portland's vibrant culture, food scene, and proximity to nature while benefiting from a fully permitted short-term rental option. Unique Opportunity for a Seamless Transition: The current owner is a seasoned short-term rental operator and is willing to continue managing the property for the new owner on a passive basis. This arrangement ensures a smooth transition and allows you to enjoy the benefits of short-term rental ownership without having to handle day-to-day operations. This is more than just a property—it's an opportunity to own a legally compliant and highly sought-after asset in one of the Pacific Northwest's most dynamic cities.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Rooms
Basement None
Interior
Interior Features Floor4th, Hardwood Floors, Quartz, Wood Floors
Heating Forced Air95 Plus
Cooling Air Conditioning Ready
Appliance Builtin Range, Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Quartz, Tile
Exterior
Parking Features Attached,ExtraDeep
Garage Spaces 1.0
View City
Roof Type Composition
Garage Yes
Building
Lot Description Level
Story 4
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 4
Schools
Elementary Schools Laurelhurst
Middle Schools Laurelhurst
High Schools Grant
Others
Senior Community No
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA