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.
Active
$660,000
1116 SE Stephens St, Portland, OR 97214
3beds
2,020sqft
Residential, Single Family Residence
Built in 1900
-- sqft lot
$658,000 Zestimate®
$327/sqft
$-- HOA
What's special
Beautifully remodeled bathroomFully remodeled kitchenMain-level primary suiteSoaking tubOversized walk-in showerLarge island
- 3 days
- 992
- 61
Zillow last checked:
Listing updated:
Listed by:
Beth Nelsen 503-664-6866,
Keller Williams Realty Professionals
Source: RMLS (OR),MLS#: 204852719
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Den, Guest Quarters, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Bathtub, Walkin Shower
- Level: Main
Bedroom 2
- Features: Closet
- Level: Lower
Bedroom 3
- Level: Lower
Dining room
- Level: Main
Kitchen
- Features: Dishwasher, Disposal, Eating Area, Island, Free Standing Range
- Level: Main
Living room
- Level: Main
Heating
- Ductless, Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Electric Water Heater, ENERGY STAR Qualified Water Heater
Features
- Soaking Tub, Bathroom, Closet Organizer, Kitchen, Closet, Eat-in Kitchen, Kitchen Island, Bathtub, Walkin Shower, Tile
- Flooring: Hardwood, Luxury Vinyl Plank, Laminate
- Windows: Double Pane Windows
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Yard
- Fencing: Fenced
Lot
- Features: Level, SqFt 0K to 2999
Details
- Additional structures: SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: R276138
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Satellite Internet Service
Community & HOA
Community
- Subdivision: Ladd's Addition
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $327/sqft
- Annual tax amount: $4,219
- Date on market: 6/5/2026
- Listing terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
Estimated market value
$658,000
$625,000 - $691,000
$3,823/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $660,000$327/sqft |
Source:  RMLS (OR) #204852719 Report a problem | ||
| 9/10/2026 | Pending sale | $660,000$327/sqft |
Source: RMLS (OR) #204852719 Report a problem | ||
| 6/5/2026 | Listed for sale | $660,000-15.8%$327/sqft |
Source: RMLS (OR) #204852719 Report a problem | ||
| 6/2/2026 | Listing removed | $784,000$388/sqft |
Source: eXp Realty #787956003 Report a problem | ||
| 12/22/2025 | Listed for sale | $784,000+135.8%$388/sqft |
Source: eXp Realty #787956003 Report a problem | ||
| 12/12/2022 | Sold | $332,500-0.7%$165/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
| 10/30/2022 | Pending sale | $334,900$166/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
| 10/15/2022 | Price change | $334,900-4.3%$166/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
| 9/27/2022 | Price change | $349,900-10.3%$173/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
| 9/3/2022 | Price change | $389,900-2.5%$193/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
| 8/11/2022 | Listed for sale | $399,900$198/sqft |
Source: RMLS (OR) #22372722 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hosford-Abernethy
Nearby schools
Schools provided by the listing agent
- Middle: Hosford
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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