$699,000
$176K PRICE DROP

Estimated payment $4,743/month

Total Views 15,455
3 Beds
1 Bath
2,250 Sq Ft
$311 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Private Yard
  • 1.4 Acre Lot
  • 1 Fireplace
  • No HOA

About This Home

Discover this exceptional 1.4-acre property, comprised of three tax parcels (R314276, R314282, and R314267), offering an unparalleled development opportunity in Portland. With two parcels zoned R10 and the largest zoned CM1, this versatile property is ideal for residential or mixed-use projects. The existing home features 3 bedrooms, 1 bathroom, and bonus space, making it livable or rentable while you plan your vision. Whether you want to live in the home while building additional units next door, create the ultimate shop space for your small business, or craft an innovative mixed-use project, the possibilities are endless. Conveniently located just minutes from the vibrant Alberta Arts District, with its eclectic shops, restaurants, and galleries, as well as the scenic Columbia Slough Trail and iconic parks like Peninsula Park, this property also boasts easy access to downtown Portland, public transportation, and major freeways. Builders, developers, and investors—don’t miss this rare opportunity to bring your vision to life.

Listing Agent

Jim McCartan

Cascade Hasson Sotheby's International Realty License #930100065 Listed on: 12/18/2024

Cascade Hasson Sotheby's International Realty

Co-Listing Agent

Joe McCartan

Cascade Hasson Sotheby's International Realty License #201252718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,579

Year Built

  • Built in 1961

Lot Details

  • 1.4 Acre Lot
  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned CM1 R10

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Natural Light
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Free-Standing Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Carport
  • Off-Street Parking
  • RV Access or Parking

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Outdoor Features

  • Patio

Schools

  • Faubion Elementary And Middle School
  • Jefferson High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R314267

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,579

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1961
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: LivingRoomDiningRoomCombo
  • Room 13 Features: HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: None

Interior Features

  • Accessibility Features: KitchenCabinets, MinimalSteps, NaturalLighting, OneLevel
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, Laundry, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Exterior Features: Fenced, Patio, RVParking, Yard
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, OffStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Faubion
  • High School: Jefferson
  • Middle Or Junior School: Faubion

Lot Info

  • Farm: No
  • Zoning: CM1 R10
  • Land Lease: No
  • Lot Size Acres: 1.4
  • Lot Size Sq Ft: 60984.0
  • Parcel #: R314267
  • Assessor Parcel Number 2: R314282
  • Assessor Parcel Number 3: R314276

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10578.88

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,579 $285,200 $0 $0
2022 $7,846 $276,900 $0 $0
2021 $7,690 $292,200 $0 $0
2020 $7,071 $283,690 $0 $0
2019 $6,806 $275,430 $0 $0
2018 $6,592 $267,410 $0 $0
2017 $6,308 $259,630 $0 $0
2016 $5,905 $231,910 $0 $0
2015 $5,572 $225,160 $0 $0
2014 $4,815 $218,610 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $699,000 -5.5% $311 / Sq Ft
05/29/2025 05/29/25 Price Changed $739,500 -10.4% $329 / Sq Ft
03/21/2025 03/21/25 Price Changed $825,000 -5.7% $367 / Sq Ft
12/18/2024 12/18/24 For Sale $875,000 -- $389 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24112570

Regional Multiple Listing Service (RMLS)

APN: R314267