Listing provided courtesy of ELEETE Real EstateMLS# 403922930MLS Provider
  • 88 days on site
  • 1 views

Multi-generational living or rental-income ready! The choice is yours! This adorable 1923 bungalow is paired with a brand new detached 1 bedroom, 1 bath ADU, potential rental or mother-in-law, and both are move-in ready. The cozy bungalow has a welcoming covered front porch that leads to a large, light-filled living room, with hardwood floors and a wood-burning fireplace. The big, old-fashion kitchen has plenty of room for a kitchen table with vinyl floors that lead to the oversized utility room, where you'll find the washer and dryer hook-ups and new water heater. Both bedrooms have hardwood floors with plenty of light. Off the mudroom, yes the mudroom, the back door leads to the ADU and a fenced backyard. New roof in 2024. The fully permitted 1 bedroom/1 bath ADU has a modern, open design with 667 square feet. Everything is shiny and new like the stainless appliances and the LVP flooring. The bedroom has a large walk-in closet and a slider that leads to the back patio and private fenced area. Mini splits provide heat and AC. Projected rent is $1500/month, net income of $16,000/year. See Accessory Dwelling Unit supplement for more details. Lents offers a strong community with shopping and restaurants within walking distance. A transportation hub with Max and quick access to I-205, plus bicycle and pedestrian walking trails - a commuter's alternative. Lents Park is just blocks away and one of Portland's greatest community parks. Don't miss out on this great investment home!

Source: Regional MLS, MLS#: 403922930

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  • Property Type
    Residential
  • Lot
    0.15 acres

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  • Median Age
    37
  • Population Density
    6,074
  • College Educated
    34%
  • Estimated Median Income
    $59,062
  • Estimated Total Home Owners
    7,421
  • Estimated Total Renters
    6,018
  • Owner / Renter Divide
    55% / 45%
  • Estimated Average Household Size
    3
  • Total Population
    36,818
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8316 SE RAYMOND CT


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/30/2026Source: Regional MLS Price Reduction
$580,000 -0.9%
4/2/2026Source: Regional MLS Added to Database
April 02, 2026