Arbor Lodge Flexible Income Opportunity
Modern Home with separate living quarters!
Marketing description
Opportunity to acquire one side of a modern home with separate living quarters! This offering provides ~2,557 sq ft of well designed living space across three levels, delivering a functional and highly marketable layout for tenants or owner occupants seeking flexibility. Main level features a great room style design with seamless flow between kitchen, dining, and living areas, plus a convenient half bathroom for guests. Kitchen is equipped with a full size island with eat bar, stainless steel appliances, and extensive custom cabinetry, while large windows and sliding doors enhance natural light and connect to a covered deck and fully fenced yard, a key driver for livability and tenant retention. Upper level offers a 3 bedroom, 2 bathroom configuration including a primary ensuite with walk in closet and walk in shower, along with centrally located laundry for convenience. Ground level includes a highly sought after attached garage and separate living quarters with 1 bedroom, 1 full bathroom, and exterior access, currently rented and providing income from day one, creating flexibility for multigenerational use or continued supplemental rental income. Modern construction, efficient layout, and desirable features position this home for strong long term performance. Located near Arbor Lodge Park, New Seasons Market, and the dining, cafes, and retail along N Lombard St and St Johns, supporting consistent demand and long term value.
Investment highlights
- Two Unit Income Opportunity
One side of a modern duplex configured with two separate living spaces, offering flexibility for dual income streams or owner occupant plus rental strategy.
- Income from Day One
Ground level unit is currently rented, providing immediate in place income while allowing upside on the upper unit.
- Highly Desirable Unit Mix
Upper unit features a spacious 3 bed, 2.1 bath layout, while the lower unit offers a private 1 bed, 1 bath configuration with kitchenette and ground level exterior access.
- Newer Construction by Award Winning Builder
Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, supporting long term durability and reduced maintenance.
- Flexible Living and Leasing Options
Ideal for multigenerational living, house hacking, or traditional leasing with two distinct spaces and separate access points.
- Strong Tenant Appeal Features
Great room style main level, covered deck, fully fenced yard, extensive custom cabinetry, and a highly sought after attached garage enhance rental demand and retention.
- Efficient Layout with Modern Systems
Contemporary construction and thoughtful design support lower maintenance costs and operational efficiency.
- Located in High Demand North Portland Submarket
Proximity to Arbor Lodge, New Seasons Market, and the N Lombard corridor drives consistent tenant demand and long term rent stability.
- Opportunity for Rent Growth
Upper unit is positioned for market rate leasing, allowing investors to capture additional income and improve overall returns.
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