$479,950
PENDING $15K PRICE DROP

Estimated payment $3,045/month

Total Views 5,552
4 Beds
2 Baths
1,999 Sq Ft
$240 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Garage
  • Level Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • 1-Story Property

About This Home

One level + Lots of Parking/HUGE lot = BIG Appeal. Room to grow in this lovely, well-kept Ranch with an oversized, level Lot with basement. Dreaming of extra space for a big backyard project? Welcome to a charming 3-bed ranch on a massive 0.33-acre lot, perfect for buyers who want more than just a starter home. This well-maintained home features a functional floorplan, large windows and a full basement with a separate entrance — great for hobbies, a home business, or converting into a rentable suite or ADU. Outside, the oversized lot offers ample space to garden, entertain, or park your toys — with plenty of off-street parking to spare. Basement can be an ADU - bathroom and kitchenette already there! Rentometer.com lists a 3-bed rental at $2208 monthly, 1 month for $1248. Best of all, the lot is subdividable (buyer to verify with city), giving you the option to build a second home, duplex, cluster home project, or sell a lot down the road. Portland City Council voted to temporarily waive development fees to spur housing from Aug. 15 through Sept. 30, 2028 - no development fees! Whether you're dreaming of space today or planning for an investment tomorrow, this property checks all the boxes. Skip the tight city lots and step into a home that gives you flexibility, freedom, and room to grow — all just minutes from parks, shops, and transit. Unlock the value of one of East Portland’s most flexible properties. Buyer to do all due diligence with the City of Portland. Do not walk the property without an appointment.

Listing Agent

Kelly Asmus

Berkshire Hathaway HomeServices NW Real Estate License #201218568 Listed on: 07/16/2025

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 100 x 145
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Cedar

Interior Spaces

  • 1,999 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Schools

  • Mill Park Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R333859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,221

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Basement,Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mill Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: R5
  • Lot Size: 100 x 145
  • Parcel #: R333859

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 5220.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

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
2024 $5,221 $218,850 -- --
2023 $5,221 $212,480 $0 $0
2022 $4,734 $206,300 $0 $0
2021 $4,656 $200,300 $0 $0
2020 $4,218 $194,470 $0 $0
2019 $4,084 $188,810 $0 $0
2018 $3,959 $183,320 $0 $0
2017 $3,813 $177,990 $0 $0
2016 $3,712 $172,810 $0 $0
2015 $3,623 $167,780 $0 $0
2014 $3,554 $162,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $479,950 -1.0% $240 / Sq Ft
07/30/2025 07/30/25 Price Changed $485,000 -1.0% $243 / Sq Ft
07/23/2025 07/23/25 Price Changed $489,950 -1.0% $245 / Sq Ft
07/16/2025 07/16/25 For Sale $495,000 -- $248 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $35,293 Unknown
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 322353701

Regional Multiple Listing Service (RMLS)

APN: R333859