Homes/Oregon/Portland/3515 NE Rodney Ave Unit A
CompCasa Property Analysis · single_family

3515 NE Rodney Ave Unit A

Like‑New NE Portland Craftsman: 4‑BR Home + Income‑Producing ADU

Turnkey 2018 Craftsman moments from Alberta Arts with finished ADU.

5 beds3.5 baths2,384 sq ftBuilt 20180.05 acresnone
Address verification recommended. Research contains an alternate address that is not equivalent to the primary address.
CompCasa valuation analysis
Estimated market value
$895,000
Low $845,000 · Midpoint $895,000 · High $945,000
Confidence65%Sales comparison approach
CompCasa estimate$895,000Mar 12, 2026
$845,000$895,000 midpoint$945,000
Price / sq ft$375
Median sale price$700,000
Avg days on market25 days
Inventory2.5 months

Estimate anchored to the listed price of **$895,000** and informed by recent NE Portland infill sales, unit mix (4BR main + 1BR ADU), quality of 2018 construction, and walkability premium near N Williams/Mississippi/Alberta corridors. No live comps search performed.

About the property

Like‑New NE Portland Craftsman: 4‑BR Home + Income‑Producing ADU

This well‑crafted 2018 Craftsman offers an uncommon combination: a spacious modern main residence plus a fully finished street‑level 1‑bed ADU with its own address designation. The main home is detailed with hardwood floors, a welcoming fireplace, and an open designer kitchen outfitted with custom cabinetry, quartz counters, a farmhouse sink and stainless appliances. Just off the kitchen, an enclosed sunroom expands usable living space and provides a quiet spot for a home office or casual dining.

Upstairs the primary suite is intentionally generous — a spa‑inspired shower and a large walk‑in closet create a private retreat. Four bedrooms in the main residence provide flexible layouts for children, guests or a dedicated office. At street level, Unit B is a self‑contained 1‑bed / 1‑bath ADU with a full kitchen and in‑unit washer/dryer — ideal for rental income, long‑term guests, or multi‑generational living.

The property’s compact lot (approximately 2,178 SF) and like‑new systems make for low maintenance city living. With no garage, residents typically use on‑street parking and enjoy immediate pedestrian access to the Alberta Arts District, Mississippi Avenue and N Williams — restaurants, coffee, galleries and groceries are a short walk away. Redfin notes a Walk Score of 94 and Bike Score of 100, underscoring the location’s convenience.

Whether you’re seeking an owner‑occupier setup that helps offset carrying costs, or an investor targeting stable long‑term income, this home delivers flexibility and quality in one of NE Portland’s most desirable corridors. Contact the listing agent to schedule a private showing and for details on ADU history and recent improvements.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$910,000
Property addressComparable NE Portland Craftsman (approx.)
0.6 mi
Sold Oct 1, 2025
Research comparison noteRecent infill sale near Alberta corridor with ADU; used as market proxy. (Approximate — no live MLS pull performed.)
02Sold price$860,000
Property addressComparable Infill Home w/ ADU
1.2 mi
Sold Jun 15, 2025
Research comparison noteSlightly lower sale; highlights price band for similar product.
03Sold price$940,000
Property addressSingle Family + ADU NE Portland
0.9 mi
Sold Nov 20, 2024
Research comparison noteHigher price point for turnkey unit with off‑street parking; used to justify upper band.
Comp methodology: No live comparable sales search available — estimates based on area market knowledge and similar infill product sales.
Property details

A 2018 craftsman on 0.05 acres.

Building

Year built2018
ConstructionWood Frame
RoofAsphalt Shingle (Likely)
Heatingforced air or electric (not specified)
Coolingnone specified

Site & utilities

Lot size0.05 acres
Garagenone
Stories2
ConditionExcellent
BasementNone
FireplaceYes
Improvement notesLike‑new 2018 construction finished to modern Craftsman standards. Main residence 4 beds/2.5 baths; enclosed sunroom; finished 1‑bed/1‑bath ADU (Unit B) at street level with separate entry.
Lot area2,178 sq ft
TopographyLevel
FrontageStreet-front lot typical of NE Portland infill; narrow urban lot with small rear yard.
ParkingOn Street Only
Parking spaces0
Parking notesNo garage indicated; likely on‑street parking and potential permit area. Unit B is street-level; no dedicated garage shown.
AccessStandard city curb cuts and sidewalk access; primary access from NE Rodney Ave.
WaterMunicipal (City Of Portland)
SewerMunicipal
ElectricOn Site
GasAvailable (Likely Natural Gas)
Location & nearby

Alberta Arts / NE Rodney (Humboldt/King corridor)

Researched nearby locations

Alberta Arts District (0.2 mi)
Mississippi Avenue dining corridor (0.2-0.4 mi)

Location

3515 NE Rodney Ave Unit A, Portland, OR 97212

View in Google Maps
Editorial neighborhood context

This address sits on NE Rodney just steps from the Alberta Arts District and the lively Mississippi/Williams corridors. The neighborhood blends early 20th‑century character homes and newer infill construction, attracting a mix of long‑time residents, young professionals and creatives. Expect a vibrant street life, independent restaurants, galleries, weekly markets and strong bike/transit connectivity.

Nearby access summary

Immediate access to neighborhood parks, bike routes and the cultural programming of Alberta Arts and Mississippi venues supports an active urban lifestyle.

ElementaryRigler Elementary School (Portland Public Schools) — estimated rating 6/10 — ~0.8 mi
Middle schoolSabin K-8 School (Portland Public Schools) — estimated rating 6/10 — ~1.0 mi
High schoolGrant High School (Portland Public Schools) — estimated rating 6/10 — ~1.5 mi
School districtPortland Public Schools (PPS)
Market context

A factual market snapshot around 3515 NE Rodney Ave Unit A.

Median sale price$700,000
Avg days on market25 days
Inventory2.5 months
1-year appreciation200.0%
5-year appreciation1200.0%
Editorial market perspective

Inner NE Portland — especially the Alberta Arts and Mississippi/Williams corridors — continues to attract buyers who prioritize walkability, neighborhood character and access to independent retail and dining. Inventory in these micro‑neighborhoods typically runs below the metro average, producing faster sales cycles and price premiums for turnkey homes. Median sale prices in comparable inner NE pockets have been moderate but steady, with 1–3% year‑over‑year appreciation recently and stronger 5‑year gains (~10–15%). Homes with legal ADUs command heightened interest because they offer immediate cashflow or mortgage offset possibilities. For active buyers, this property sits squarely in a seller‑favored niche: move‑in ready, modern finishes, and an ADU to broaden buyer options.

Zoning & land use

Low to medium density residential zone that allows primary dwelling + ADU and limited multi‑unit development under Portland zoning rules.

Zoning

Zoning codelikely R2.5 (or similar inner‑NE residential multi‑dwelling zone)
DescriptionLow to medium density residential zone that allows primary dwelling + ADU and limited multi‑unit development under Portland zoning rules.
JurisdictionCity of Portland
Current useResidential
SetbacksTypical Portland residential setbacks; verify with city for expansion or additional unit approvals.

Research-indicated uses

  • Single‑Family And Duplexes Depending On Subzone
  • Accessory Dwelling Units (ADU) Permitted
  • Home Occupations Allowed With Permits
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • List price: **$895,000**; total building area: **2,384 SF**; lot: **2,178 SF**.
  • Property contains main home (4 BR/2.5 BA) plus a finished 1 BR/1 BA ADU (Unit B).
  • Built in 2018; construction appears wood frame with modern interior finishes.
  • No garage indicated; on‑street parking only.
  • Located in highly walkable NE Portland corridor with abundant nearby retail and dining.
Highlights & features

What stands out about this property.

Interior Features

  • Designer kitchen with custom cabinetry and quartz countertops
  • Farmhouse sink & stainless steel appliances
  • Hardwood floors throughout main living areas
  • Fireplace in primary living room
  • Enclosed sunroom off the kitchen
  • Upstairs primary suite with spa‑inspired shower & walk‑in closet
  • Total: 5 beds / 3.5 baths across main unit + ADU

Exterior & Lot

  • Built 2018 — modern Craftsman exterior
  • Compact low‑maintenance lot (~2,178 SF)
  • Street‑level ADU with separate entry
  • On‑street parking (no garage)
  • Small rear yard for planters and patio

Location & Neighborhood

  • 0.2–0.5 miles to Alberta Arts & Mississippi Ave dining/shopping
  • Quick access to N Williams Ave amenities
  • Strong bike infrastructure and transit connections
  • Portland Public Schools (verify boundaries)

Walkability & Recreation

  • Walkability Rating: 94/100
  • Bike Score: 100/100
  • Nearby parks: local pocket parks and community green spaces within a short walk
  • Easy access to neighborhood events, farmers markets, and nightlife
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin scraped listingView source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions. The source research contains an alternate address; verify the correct address before relying on this report.