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3 Beds
3 Baths
2,020 sqft

$660,000

1116 SE STEPHENS ST, Portland OR, 97214

Price per sqft$326.73
Built in1900
Property size2,020 sqft
Property typeResidential
Listing Courtesy of Keller Williams Realty Professionals, Beth Nelsen. 503-664-6866

Overview

Active

Listed Jun 5, 2026

Updated 11 days ago

Fully permitted ADU ready to earn you income while you build equity! Lives like a duplex! Exceptional opportunity in the heart of Ladd's Addition, ideally situated between the vibrant shops, restaurants, and cafes of both Division and Hawthorne. Fully remodeled and thoughtfully designed for flexible living, this unique property offers options for owner-occupants, investors, multi-generational households, shared ownership, or house hackers looking to offset expenses. The main residence features an open, beautifully remodeled kitchen centered around a large island, creating an inviting space for cooking, gathering, and entertaining. The main-level primary suite serves as a private retreat, featuring a beautifully remodeled bathroom with a soaking tub and oversized walk-in shower, while the finished lower level includes two additional bedrooms and a full bathroom. A separately accessed, fully permitted studio ADU offers its own kitchen, bathroom, private entrance, and laundry hookups, creating excellent potential for rental income, guest accommodations, home office space, or independent living. One of the property's most unique features is its flexibility. Depending on a buyer's needs, the main-level living space can function comfortably on its own, while the lower level and ADU create opportunities for additional living, guest, or income-producing arrangements. Whether you're looking for an income-producing property, a place to share with friends or family, or a home that can adapt to changing needs over time, this property offers a rare combination of versatility and location in one of Portland's most beloved neighborhoods.

$4,391/mo

Est. mortgage payment based on a $660,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
204852719

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,220
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listing Courtesy of Keller Williams Realty Professionals, Beth Nelsen. 503-664-6866

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 Saltaire Coastal Homes are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 9/27/2026, 3:24 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

Listing content is copyright © 2026 RMLS™, Portland, Oregon. All rights reserved.

 

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