Primary on Main
Address
1116 Se Stephens St, Portland, OR
Price
$ 660,000
Property Attributes
- MLS#204852719
- TypeSingle Family
- Listing Status Active
- CountyMULTNOMAH
- CityPortland
- Area143
- NeighborhoodLADDS ADDITION
- Zip97214
- StyleCraftsman,Modern
- Year Built1900
- Taxes$ 4219
- Price$ 660,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2020
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Abernethy Elementary School | Hosford Middle School | Cleveland High School |
| Price History | |
|---|---|
| 6/5/2026 | Listed $660,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Ductless,MiniSplit |
| Cooling | MiniSplit |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,FreeStandingRange,Island,Tile |
| Architectural Style | Craftsman,Modern |
| Year Built | 1900 |
| Stories Count | 2 |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2025 |
| Parcel Number | R276138 |
| County | Multnomah |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | LADD'S ADDITION |
| Full Baths | 3 |
| Status | Active |
| Directions | Hawthorne Blvd,south on 12th,west on Stephens |
| High School | Cleveland |
| City | Portland |
| Disclosures | Disclosure |
| MLS Area | _143 |
| Listing Terms | CallListingAgent,Cash,Conventional,FHA,VALoan |
| Elementary School | Abernethy |
| Tax Annual Amount | 4219.82 |
| Middle/Junior High School | Hosford |
| Property Condition | UpdatedRemodeled |
| High School 2 | Other |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | Yes |
| Legal Description | STEPHENS ADD,BLOCK 125,E 34' OF LOT 1 |
| SeniorCommunityYn | False |
| ADU | True |
Interior Features
| Interior Amenities | AccessoryDwellingUnit,HardwoodFloors,LuxuryVinylPlank,SeparateLivingQuartersApartmentAuxLivingUnit,SoakingTub |
|---|---|
| Basement | ExteriorEntry,Finished,SeparateLivingQuartersApartmentAuxLivingUnit |
| Hot Water | Electricity,ENERGYSTARQualifiedEquipment |
| Window Features | DoublePaneWindows |
| Total Bathrooms | 3.0 |
| FuelDescription | Electricity |
| Total Bedrooms | 3 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | AccessoryDwellingUnit,Fenced,Yard |
|---|---|
| Parking Features | OnStreet |
| Lot Features | Level |
| Water Source | PublicWater |
| Exterior Description | WoodSiding |
| Foundation Details | ConcretePerimeter,Slab |
| Building Area Total | 2020.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97214
Price
Taxes
Year Built
Visits
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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 RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Weichert, Realtors® - On Main Street - Hillsboro are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 26, 2026 8:52 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
