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$712,000
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Property Description
This charming 1926 bungalow sits in one of Portland's most sought-after neighborhoods, with easy access to major highways, transit, and nearby parks. Offering 3 bedrooms, 2 bathrooms, and 1,752 sq/ft. The home also includes a fully permitted standalone ADU, built in 2019, making it a truly exceptional find. Inside, original oak hardwood floors and a wood burning fireplace carry warmth and history throughout the main floor, while thoughtful renovations have touched nearly every system and surface. A brand new roof (2026), updated electrical and plumbing, and new windows provide lasting peace of mind - all while preserving the home's charming architectural soul. Both bathrooms have been fully remodeled with care, and a tankless gas hot water heater ensures on-demand efficiency for everyday living. Step outside to the perfectly situated covered deck, complete with a gas fireplace - an ideal space for year-round entertaining or quiet evenings in a serene, private setting.The fully permitted, standalone 288 sq/ft ADU is a standout feature, offering exceptional flexibility for multi-generational living, a long-term rental, or a stylish guest retreat. Complete with a Murphy bed, its own kitchen, and in-unit laundry, it functions beautifully as an independent living space. An extra-deep driveway provides generous off-street parking - a true Portland luxury - and the convenient location puts you close to everything the city has to offer. This is a rare opportunity to own a property with soul, substance, and serious upside. Welcome home.
Full Property Details
Full Property Details for 2535 NE 38th Ave
General
- Sold For: $712,000
- Taxes: $8,759 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 596304918
- Added to Site: 55 day(s) ago
Interior
- Interior Features: Accessory Dwelling Unit, Hardwood Floors, Washer/Dryer, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Range Hood, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Lower
- Bedroom 2: Upper
- Bedroom 3: Main
Other Rooms
- Living Room: Main
- Kitchen: Main
- Dining Room: Main
- Office/Den/Study: Main
- Laundry: Lower
Exterior
- Exterior Features: Accessory Dwelling Unit, Covered Deck, Deck, Fenced, Outdoor Fireplace, Patio, Porch, Public Road, Raised Beds, Water Feature, Yard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Driving Directions: Broadway to NE 38th
School Information
- Midd School District: Beverly Cleary
- Elementary School: Beverly Cleary
- Middle School: Beverly Cleary
- High School: Grant
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air - 90%
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Bungalow
- Basement Desc.: Finished, Full Basement
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 3
- Square Feet: 1,752
- Year Built: 1926
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
- Lot Features: Level, Public Road, Trees
Financial Considerations
- Tax Amount: $8,759.8
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R113117
Listed by Real Broker (855) 450-0442, Zack Schreiner (541) 980-7979
Sold by Neighbors Realty (503) 444-9338, Rebecca Barron
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Schools
Schools serving 2535 NE 38th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Beverly Cleary School 1915 Northeast 33rd Avenue, Portland, OR 97212 | K-8 | 0.4 mi |
Grant High School 2245 Northeast 36th Avenue, Portland, OR 97212 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2535 NE 38th Ave
Date
Details
Price
Change
Source
6/09/2026
Sold
$712,000
3.94%
MLS
5/08/2026
Listed
$685,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2535 NE 38th Ave, Portland, OR 97212 (MLS# 596304918) is a Single Family property that was sold at $712,000 on June 09, 2026. Want to learn more about 2535 NE 38th Ave? Do you have questions about finding other Single Family real estate for sale in Seven Corners? You can browse all Seven Corners real estate or contact a Coldwell Banker agent to request more information.

