This 3-bed, 2-bath Portland gem boasts solid rent potential, with estimated monthly revenue ranging from $2,800 to $3,800. Located in the desirable Southwest Portland neighborhood, it's poised to capitalize on the area's strong rental market. The property's charming Cape Cod style, hardwood floors, and spacious 2,252 sqft layout are definite draws. However, its 1951 construction might necessitate some updates to maximize appeal. The large 4,792 sqft lot offers room for potential expansions or outdoor amenities, which could boost rental value.

To amp up this property's rental allure, consider modernizing the kitchen and bathrooms – always crowd-pleasers with tenants. Adding an accessory dwelling unit (ADU) could significantly boost rental income. For the current owner, if selling is on the horizon, highlighting the property's rental potential and recent market appreciation could attract investors. The home's proximity to Capitol Hill Elementary is a major selling point for family renters, so emphasizing this in marketing materials would be wise.