2458 SE Cora St, Portland, OR 97202

$879,950

5

Beds

3.5

Baths

Property Size

2025

Year Built

About The Property

SELLER IS OFFERING A SUBSTANTIAL INTEREST RATE BUY-DOWN. LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU’s nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (Estimate assumes Seller Rate buydown and depends on credit, down payment, etc.) Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!

ARCHITECTURE

Architecture Style: Craftsman
Stories: 3
Condition: New Construction
Year Built: 2025
Roof Type: Composition
Foundation Details: Slab
Basement Details: Full Basement, Separate Living Quarters/Apartment

INTERIOR FEATURES

Heating Type: Forced Air, Heat Pump
Fuel Type: Electricity
Interior SqFt: 2565
Number of Fireplaces: 1
Fireplace Fuel: Electric

EXTERIOR FEATURES

Lot Features: Level
Zoning: R2.5
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Grout
High School: Cleveland
Middle: Hosford

TAX & FINANCIAL

Terms Considered: Cash, Conventional, FHA, VA Loan
Tax Year: 2024

LISTING INFO

Listing courtesy of Windermere Realty Trust | reubenschug@windermere.com
Days On Market: 561

Map Location

Property Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 910414

Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.

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Erik Leland