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1920 NE 127TH Ave

Portland, OR 97230
  • $499,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 238306545
Price Reduced
UPDATED: 55 min ago
$499,000
  • 5
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,082
    SQFT
  • $240
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

Description

This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243278]

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-03-07T17:47:10.66.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/171519908
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1920 NE 127TH Ave Portland, OR 97230

  • Price: $499,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 55 min ago
  • MLS #: 238306545
5
Beds
2
Baths
0
½ Baths
0.22
Acres
2,082
SQFT
$240
$/SQFT
1955
Built
Neighborhood:
Russell
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Russell
Middle School:
Parkrose
High School:
Parkrose
Property Description
This one-of-a-kind home offers multiple paths for long-term value.Tucked away in an established Portland neighborhood, the property features a functional layout, a generous lot, and mature landscaping—making it an ideal option for first-time buyers looking to build equity, investors seeking long-term rental potential, or those ready to right-size with true main-level living for their next chapter. The home provides a solid foundation with room to personalize, update, or enhance over time.The main floor offers true one-level living with beautifully maintained, gleaming hardwood floors and a comfortable, functional layout. The kitchen features abundant cabinetry and an eat-bar, perfect for everyday living and entertaining. The light-filled living room is anchored by a cozy gas fireplace and an oversized slider that opens to a covered outdoor patio, extending the living space and inviting the outdoors in. The primary bedroom also features a slider to a private patio, creating a peaceful retreat that can be enjoyed year-round with seamless indoor-outdoor flow.The fully finished basement apartment with a separate entrance with separate laundry and full kitchen adds exceptional flexibility and may support multi-generational living, a home office, a gym, or future rental possibilities, subject to buyer verification and due diligence. Combined with the lot size and configuration—which may allow for future expansion or an ADU (buyer to verify)—this home presents multiple paths forward. Basement bedrooms non-conforming buyer to perform their own due diligence regarding zoning, rents, and permitted uses.Beyond its versatility, the home offers everyday convenience with close proximity to John Luby Park, Rocky Butte, neighborhood favorites like Starbucks and Black Rock Coffee, shopping and easy access to major commuter routes. Click the virtual tour link for a 3D home tour and floorplan! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243278]
Exterior Features

Architectural Style Ranch Attached Garage YN Yes Exterior Description Wood Siding Exterior Features Covered Patio Deck Fenced Garden Tool Shed Yard Foundation Details Concrete Perimeter Garage Type Attached Oversized Lot Features Cul_de_sac Trees Parking Features Driveway Parking Total 1 Roof Composition View Description Trees Woods View YN Yes

Interior Features

Additional Room Description _4th Bedroom Additional Room Level Lower Additional Room2 Description _5th Bedroom Additional Room2 Level Lower Additional Room3 Description _2nd Kitchen Additional Room3 Level Lower Appliances Appliance Garage Dishwasher Free Standing Range Microwave Tile Basement Finished Full Basement Separate Living Quarters Apartment Aux Living Unit Bathrooms Full Lower Level 1 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling Central Air Cooling YN Yes Dining Room Features Hardwood Floors Dining Room Features Cont Closet Dining Room Level Main Family Room Features Exterior Entry Family Room Level Lower Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Interior Features Hardwood Floors Tile Floor Kitchen Features Eat Bar Hardwood Floors Kitchen Features Cont Peninsula Kitchen11 Level Main Living Room Features Fireplace Hardwood Floors Patio Living Room Level Main Lower Level Area Total 1041 Main Level Area Total 1041 Primary Bedroom Features Hardwood Floors Patio Primary Bedroom Features Cont Closet Primary Bedroom Level Main Second Bedroom Features Builtin Features Hardwood Floors Second Bedroom Features Cont Closet Second Bedroom Level Main Third Bedroom Features Builtin Features Third Bedroom Features Cont Closet Third Bedroom Level Main Upper Level Area Total 0

Property Features

Association YN No Bank Owned YN No Fuel Description Gas Green Certification YN Yes Home Warranty YN No Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan New Construction YN No Property Attached YN No Property Condition Updated Remodeled Property Sub Type Single Family Residence Rent Amount 1500 Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 5163.89 Tax Year 2025 Water Source Public Water Zoning R7

Listing provided courtesy of eXp Realty, LLC: 503-789-6125.


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-03-07T17:47:10.66.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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