519 Vermont St, Portland, OR 97239
Local realty services provided by:Knipe Realty ERA Powered
Listed by:
- David Sobolik(503) 939 - 4241Knipe Realty ERA Powered
Office: knipe realty era powered503-445-7660
MLS#:406932377
Source:PORTLAND
Price summary
- Price:$839,900
- Price per sq. ft.:$225.9
About this home
Two homes on one tax lot in Portland's John's Landing corridor is not a common inventory event. In this zip code, that structure rarely surfaces. This is a real window of opportunity.The primary residence runs 2,600-plus square feet across three levels. Main floor delivers hardwood, a gas fireplace, and 20-foot ceilings with floor-to-ceiling windows. Primary suite is on the main level, ensuite with walk-in shower. Two additional ensuite bedrooms and a dedicated office upstairs. The rooftop terrace has unobstructed territorial views and a direct Mt. Hood sightline.The corner structure is a fully separate 1,100-square-foot, two-bedroom, one-bath residence with independent access. This is not a basement conversion. It is a standalone second home on the same RM1-zoned tax parcel, which carries real implications for financing strategy and long-term asset flexibility.OHSU's main campus is under one mile via Terwilliger. South Waterfront tram terminus is under 10 minutes. Willamette River trail access is direct. I-5 via Barbur puts downtown Portland under 8 minutes off-peak.At $839,900 across 3,718 square feet of livable space in two structures, the blended cost is $226 per square foot. Factor in the income offset capacity of the second unit and the data-driven value becomes operational, not speculative.This asset is built for a long-term ownership strategy. If that fits your objective, contact your agent before the next price adjustment resets the conversation....
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Home facts
- Year built:1993
- Listing ID #:406932377
- Added:171 day(s) ago
- Updated:June 27, 2026 at 08:53 PM
Rooms and interior
- Total bathrooms:5
- Basement Description:Crawl Space
- Living area:3,718 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1993
- Building area:3,718 sq. ft.
- Lot Features:Corner Lot, Level
- Levels:3 Stories
Schools
- High school:Ida B Wells
- Middle school:Jackson
- Elementary school:Capitol Hill
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$839,900
- Price per sq. ft.:$225.9
- Tax amount:$11,786 (2025)
Parking
- Total parking spaces:2
- Parking description:Carport, On street
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