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4822 Ne 12th AvenuePortland, OR 97211Sale Price: $1,050,000

  • Sale Price: $1,050,000
  • 975 Days Since Sale
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,050,000Sale Price
  • 4Bedrooms
  • 4Bathrooms
  • 0.11Acreage
  • 3,103Square Feet
Listed by Rene' Susak of Windermere Realty Trust (503-449-2313)

Listing Sold by Windermere Realty Trust
Sold

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Exceptional remodeled Craftsman in the Alberta Arts District includes an outstanding fully permitted lower level ADU which generates an average of $3K/month (past 4 years) and an additional finished garage/studio space - a myriad of possible uses; work from home, short or long term rental or multi-generational living, separate studio/creative space. HOUSE(main & upper levels): includes a sunny and bright open concept kitchen/media room with French doors that open directly onto the backyard patio with a gas fire pit and garden beds. Formal living and dining rooms with charming period appropriate built-ins and a bedroom (or office) on the main level. The upper level is comprised of three bedrooms, including a primary ensuite, a second full hall bathroom and laundry (washer/dryer) conveniently located near the bedrooms. Drop down access to the attic provides an abundance of storage. STUDIO: the detached garage has been finished as separate studio or creative space and has ample storage behind custom-made bard doors. ADU (lower level): includes a dedicated bedroom, living room, kitchen and dining area, full bathroom, washer/dryer and its own water heater. The ADU has a separate exterior entrance through its own fenced, private courtyard with a gas fire pit. There is also an entrance/access through the house. The ADU has an established Super Host Airbnb record - seller will share financials and efficient program in place to book, manage, clean Airbnb. ADU historical 4-year revenue (based on 60% occupancy & no advertising) confirms it has potential to cover good portion (approximately 40%) of a monthly mortgage payment, based on today's interest rate & 20% down. Enjoy the quintessential urban location with easy access to all the offerings on Alberta Street and the Last Thursday Art Walk, the Farmer's Market, Killingsworth dining district, the Williams Corridor and Mississippi District. Walk Score 82 and Bike Score 78. A whole lot to love!! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10213438]

Property Details of 4822 Ne 12th Avenue

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Based on information submitted to OR_RMLS_WEB_API as of May 20, 2026 5:11 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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