Two complete residences, two private outdoor settings, one Exceptional Scandinavian-modern farmhouse. Constructed by award-winning Olson Design-Build. The ingenious plan pairs a 3-bedroom, 2.5-bath main residence with a two-story, 924-square-foot ADU offering 2 bedrooms, 1.5 baths, comparable premium finishes, and its own elec-meter. exceptional flexibility without sacrificing privacy or architectural cohesion.Clean, simple lines, natural materials, and transitional finishes, including stacked subway tile in the kitchen and baths, create enduring appeal. The main home combines polished concrete floors, high ceilings and smooth-coat walls with black Pella casement windows and clear vertical-grain fir entry doors, cabinetry, and staircase. Centered on a generous island, the kitchen features Pental Quartz, soft-close cabinetry, and premium appliances by Miele, Bosch & KitchenAid. A freestanding gas fireplace anchors the living room and separates it from the dining area and kitchen; a powder bath completes the main level.Upstairs, cork floors lead to a vaulted primary suite with dual sinks, quartz, radiant-heated floors, and an oversized dual shower. The second bath also offers heated floors plus a soaking tub. A matching LG washer and dryer are conveniently located near the bedrooms. A covered patio with its own gas fireplace and adjoining built-in spa opens to the private, fenced yard. The rear ADU enjoys a secluded yard of its own, providing remarkable visual and acoustic separation.The ADU is currently leased through December at $2,300/month and was previously offered as an AirBnB nightly rental with excellent returns. Since opening the main home to nightly rentals, the ADU has been converted to monthly to comply with city permits. The main home enjoys a 4.98 rating on AirBnB. Situated steps from Podnah's BBQ, HatYai, Coffee & pubs, a few blocks to Alberta Park & Alberta Arts District. EZ commute to downtown or PDX Int'l. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250665]
Active
Price cut: $25K (9/29)
$1,175,000
5934 NE 16th Ave, Portland, OR 97211
5beds
2,767sqft
Multi Family
Built in 2017
-- sqft lot
$1,150,300 Zestimate®
$425/sqft
$-- HOA
What's special
Natural materialsPrivate fenced yardTransitional finishesClean simple linesPrivate outdoor settingsOversized dual showerHigh ceilings
- 70 days
- 488
- 26
Zillow last checked:
Listing updated:
Listed by:
Mark Graalum 503-250-1982,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 260809048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- Partial bathrooms: 2
Heating
- ENERGY STAR Qualified Equipment, Mini Split, Radiant, Fireplace(s)
Cooling
- ENERGY STAR Qualified Equipment, Air Conditioning
Appliances
- Included: Dishwasher, Washer/Dryer, Refrigerator, Tank Water Heater, Tankless Water Heater, ENERGY STAR Qualified Appliances
Features
- Windows: Double Pane Windows
- Basement: None
Interior area
- Total structure area: 2,767
- Total interior livable area: 2,767 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Spa features: Community
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R229261
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar, Cement Siding, Insulation and Ceiling Insulation
- Foundation: Concrete Perimeter, Slab
Condition
- Year built: 2017
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Central Air, Front Yard Landscaping, Spa Hot Tub
- Security: Security Lights
Location
- Region: Portland
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $1,035,480
- Annual tax amount: $11,371
- Date on market: 7/30/2026
- Listing terms: Cash,Conventional,VA Loan
- Total actual rent: 8197
- Road surface type: Paved
Estimated market value
$1,150,300
$1.09M - $1.21M
$3,616/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $1,175,000-2.1%$425/sqft |
Source: | ||
| 7/29/2026 | Listed for sale | $1,200,000+34.4%$434/sqft |
Source: | ||
| 12/13/2018 | Sold | $893,000-3.5%$323/sqft |
Source: | ||
| 12/20/2016 | Listing removed | $925,000$334/sqft |
Source: Realty Trust Group, Inc. #16137715 Report a problem | ||
| 12/20/2016 | Listed for sale | $925,000+2.8%$334/sqft |
Source: Realty Trust Group, Inc. #16137715 Report a problem | ||
| 12/14/2016 | Sold | $900,000-2.7%$325/sqft |
Source: | ||
| 11/17/2016 | Pending sale | $925,000$334/sqft |
Source: Realty Trust Group, Inc. #16137715 Report a problem | ||
| 11/4/2016 | Listed for sale | $925,000+270%$334/sqft |
Source: Realty Trust Group, Inc. #16137715 Report a problem | ||
| 11/30/2015 | Sold | $250,000+66.7%$90/sqft |
Source: | ||
| 8/6/2015 | Pending sale | $150,000$54/sqft |
Source: John L Scott Real Estate #15482676 Report a problem | ||
| 7/25/2015 | Listed for sale | $150,000-18.5%$54/sqft |
Source: John L Scott Real Estate #15482676 Report a problem | ||
| 5/14/2015 | Sold | $183,943$66/sqft |
Source: Public Record Report a problem | ||
| 11/18/2014 | Sold | $183,943+819.7%$66/sqft |
Source: Public Record Report a problem | ||
| 1/5/2006 | Sold | $20,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,372 +3.7% | $422,030 +3% |
| 2024 | $10,963 +4% | $409,740 +3% |
| 2023 | $10,541 +2.2% | $397,810 +3% |
| 2022 | $10,313 +1.7% | $386,230 +3% |
| 2021 | $10,139 +9% | $374,990 +3% |
| 2020 | $9,301 +3.8% | $364,070 +3% |
| 2019 | $8,959 | $353,470 +3% |
| 2018 | $8,959 +3% | $343,180 +3% |
| 2017 | $8,696 +516.3% | $333,190 +456.8% |
| 2016 | $1,411 | $59,840 +3% |
| 2015 | $1,411 +2.7% | $58,100 +3% |
| 2014 | $1,374 +3.9% | $56,410 +3% |
| 2013 | $1,322 +10.5% | $54,770 +3% |
| 2012 | $1,196 +3.9% | $53,180 +3% |
| 2011 | $1,151 +5.4% | $51,640 +3% |
| 2010 | $1,092 +2.7% | $50,140 +3% |
| 2009 | $1,064 +6% | $48,680 +3% |
| 2008 | $1,004 +0.3% | $47,270 +3% |
| 2007 | $1,001 +11.3% | $45,900 +3% |
| 2006 | $899 +4.7% | $44,570 +3% |
| 2005 | $859 -8.2% | $43,280 +3% |
| 2004 | $935 +2.3% | $42,020 +3% |
| 2003 | $915 +8.9% | $40,800 +3% |
| 2002 | $840 +7.4% | $39,620 +6.1% |
| 2000 | $783 | $37,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Vernon
Nearby schools
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Vernon
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







