REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alana Marseglia

alana@alanamarsegliahomes.com +1(707) 687-8826

Listed by Cascade Hasson Sotheby's International Realty

$ 935,000

Est. payment -/mo

Save

Open 5/23 12PM-2PM

3762 N Melrose DR Portland, OR 97227

5 Beds

3 Baths

3,080 SqFt

Open House

Sat May 23, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,080 sqft

Price per Sqft $303

MLS Listing ID 550072091

Style Stories2, Bungalow

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1932

Annual Tax Amount $9,184

Tax Year 2025

Lot Size 4,356 Sqft

Property Sub-Type Single Family Residence

Property Description

Welcome to the highly sought-after Overlook neighborhood! This stunning 5 bed, 3 bath North Portland home has peek-a-boo river and downtown views right beside Overlook Park. The main house is a 3 bed, 2 bath with beautiful finishes abundant natural light and classic architectural charm. It has hardwood floors, new paint, new furnace (2024), new water heater (2024) and an awesome, fenced yard.It features a fully permitted 2 bed, 1 bath ADU with its own separate entrance, outdoor area, and in-unit laundry for ultimate private convenience. It is a wonderful income property with strong rental history, specific financials available upon request. Sold fully furnished, right down to the kitchen amenities, allowing you to seamlessly continue renting without lifting a finger. Step right outside your front door, enjoy a morning coffee on a spacious deck also leading to your bedroom with a view of the Willamette River and Downtown Portland. You will find expansive green spaces, trails, and the majestic trees of Overlook Park steps away. This beautiful income generating oasis in North Portland's vibrant Overlook neighborhood is a classic Portland property and an absolute dream for both homeowners and savvy investors. Whether you are looking for a beautiful primary residence with a built-in mortgage helper or a premier investment opportunity in one of Portland's most desirable neighborhoods, this rare property checks every box.

Location

State OR

County Multnomah

Area _141

Rooms

Basement Full Basement, Unfinished

Interior

Interior Features Ceiling Fan, Hardwood Floors, Laundry, Tile Floor, Washer Dryer

Heating Ductless, Forced Air95 Plus, Heat Pump

Cooling Heat Pump

Fireplaces Number 1

Fireplaces Type Electric

Appliance Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Granite, Pantry, Range Hood, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Accessory Dwelling Unit, Deck, Fenced, Guest Quarters, Patio, Second Residence, Yard

Parking Features Attached, ExtraDeep, TuckUnder

Garage Spaces 1.0

Waterfront Description RiverFront

View City, River

Roof Type Composition

Garage Yes

Building

Lot Description Level, Light Rail, Private

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Beach

Middle Schools Ockley Green

High Schools Jefferson

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)