About This Home

This 3-bedroom, 3-bathroom townhouse at 516 NE 56TH Ave in Portland, OR is listed for $699,000 ($257 per sqft). Built in 2021, the home offers 2,725 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 2021
  • 0.03 acre lot
  • 4 stories

Property Details

4 stories
2 full, 1 half
2021

Amenities

ViewA/C
Listing Description

Custom 2021 townhome in North Tabor with a covered porch, city views, and a 13x7 deck off the primary suite. Four levels of living above an attached extra-deep garage. Two bedrooms and two full baths on the third floor, a top-floor loft, and main-level living, dining and kitchen with a half bath.

The primary suite has a walk-in closet. Quartz counters, wood floors, gas range, air conditioning ready. The ground floor has its own entrance and works as an office, studio or guest space without anyone walking through the house to get there. Fee simple, no HOA, no dues.

Currently operating as a permitted short-term rental. All furniture and kitchen supplies can be included in the sale price, or removed before closing, whichever the buyer prefers. Portland short-term rental permits are rare and hard to come by, and they give an owner real flexibility: keep it running as is, rent it long term, or just move in.

This is one of four townhomes in the building and the others are available too, so you can pick the floor plan that fits or take more than one. Five minute walk to Providence Portland Medical Center. Laurelhurst Park, Glisan Street restaurants and Trader Joe's are within a few blocks, and I-84 access is under a minute away. Laurelhurst Elementary, Grant High. Listing broker has an ownership interest in the property.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

516 NE 56TH Ave

Portland, OR 97213

Features & Amenities

Interior Features

Floor3rdFloor4thVinylFloorWasherDryer

Property Details

Views

City

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalFreeStandingGasRangeFreeStandingRefrigeratorGasAppliancesIslandPantry

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 516 NE 56TH Ave is listed at $699,000 ($257/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 0.03 acre lot, 4 stories. Interior Features: Floor3rd, Floor4th, VinylFloor.

This property is listed by Kevin Baron and can be reached at 5415054078.

KB

Kevin Baron

Agent at Kelly Right Real Estate of Portland

(541) 505-4078

Listed by Kelly Right Real Estate of Portland · Broker phone: (509) 489-7000 · View on Broker Site

MLS# 571957776· Source: Regional Multiple Listing Services· 19 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 NE 56TH Ave, Portland, OR 97213

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