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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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3762 N Melrose Dr , Portland, OR 97227
$899,000
Est. Payment: $4,520.32/mo
5 Bed
3 Bath
3080 Sqft
Status: pending | Days on site: 51
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Nathalie McColl , 503-449-5334 Cascade Hasson Sotheby's International Realty , 503-420-8650. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.1

Year Built

1932

County

Multnomah

Area

141 - Portland North

Listing ID

550072091

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Granite, Pantry, Range Hood, Stainless Steel Appliance(s), Tile
Air Cond:Heat Pump
Fireplaces:Electric
Basement:Full Basement,Unfinished
Other:Ceiling Fan(s),Hardwood Floors,Laundry,Tile Floor,Washer/Dryer,Master on Main
Other:Public Water

Exterior Features

Lot:Level,Light Rail,Private,River Front
Garage Capacity:1
Roof:Composition
Others:AccessoryDwellingUnit,Deck,Fenced,Guest Quarters,Patio,Second Residence,Yard,Updated/Remodeled
Sewer:Public Sewer
Parking Features:Attached,Extra Deep,Tuck-Under,Carport,Driveway
Principal Interest
$4,520
Taxes
$765

Home Price

$899,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,520.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,520.32 $765.41 $0.00 $5,285.74
Yearly $54,243.87 $9,184.96 $0.00 $63,428.83
Total $1,627,316.03 $275,548.80 $0.00 $1,902,864.83

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T05:14:11.000Z

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