Estimated payment $3,176/month
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! 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
Berkshire Hathaway HomeServices NW Real Estate License #201218568 Listed on: 07/16/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Finished Basement
Accessible Home Design
Outdoor Features
Schools
Utilities
Community Details
Listing and Financial Details
| 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 | $4,994 | $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 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $495,000 | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $35,293 | Unknown |
$425,000
Don't miss this amazing deal on an updated home with good bones and original 50's charm. 3 bedrooms and 3 full bathrooms. Updated kitchen with polished travertine flooring and granite counters. Double paned vinyl windows. Heating and AC. Main floor with sturdy hardwoods, classic built in cabinets, two bedrooms, bathroom, living room, dining room and kitchen. Second floor features a very spacious
Michael Bouldin Real Broker
$425,000
Welcome to 3230 SE 118th Ave., a charming bungalow nestled in the heart of a serene, tree-lined neighborhood in vibrant Portland, OR. This vintage fixer-upper is brimming with potential, offering a unique opportunity to infuse your personal touch and reap the rewards of sweat equity.As you step inside, the warmth of natural light dancing across the original hardwood floors invites you to explore
Bil Willis ERA Freeman & Associates
$480,000
Very convenient area. Minutes to I-205. House is on the back of the property and quiet. 0.38 acres. Zoned R2A for multi-family. Great development opportunity. 6 bedrooms, 2.5 baths. Room to grow. Move in ready. Buyer to do their own due diligence.
Bil Willis ERA Freeman & Associates
$525,000
Welcome to this meticulously maintained single-level home nestled on a generous half-acre lot in the heart of Southeast Portland. This unique property offers a rare blend of comfort, space, and versatility—perfect for anyone looking to create their own private oasis or explore ADU potential. The home features 3 bedrooms, 1 bathroom, and just under 1,400 square feet of inviting living space.
FERNANDO BARAJAS eXp Realty LLC
$425,000
Homeseekers, don't miss this one! Lots of square footage for the price. With a new roof, new garage door, new oven and stove and newer sewer line, add some updating and this one will shine. Great bones. Two brick fireplaces (main, lower floor). Mostly finished daylight basement, large lot with RV pad and dump. Plenty of parking in driveway. Private yard and beautiful 60 yr rhododendron, Niagara
Amy Lindseth eXp Realty, LLC
$450,000
Step into a timeless charm blended with modern updates. Newly remodeled kitchen reflect thoughtful design and quality finishes throughout with quartz countertops, glass tile backsplash, new appliances including gas range, soft close doors/drawers, and several pullouts provides for lots of storage. The bath boasts modern cast iron tub, tile surround, and glass slider and heated floors. One bedroom
Cindy Sehorn-Singh Soldera Properties, Inc
$519,900
Welcome to this beautifully updated home in the heart of Portland.This gem offers a lot of space, 5 bedrooms and 2 bathrooms. Everything that you can think about was remodeled and updated. This inviting home effortlessly blends classic character with modern comforts. Step inside and you will be greeted by a cozy living room and an open concept Living/dining room. Updates include new roof,
Cynthia Fneish Networth Realty Of Portland
$539,500
This home features an open floor plan with vaulted ceilings, creating an airy atmosphere. The kitchen is equipped with numerous cabinets, ample storage space, and generous countertop areas, all complemented by stainless steel appliances. It includes four bedrooms, with the primary bedroom offering an ensuite bathroom that boasts skylights and direct access to the backyard. This home has 2.5
Jordan McAllister MORE Realty
$395,000
A cute bungalow house located on SE 82nd, a lot of space to live, and parking. convenient for shopping, bus, and easily accessible to the freeway. New carpet upstairs, all new stainless appliances in the kitchen. new windows and blinds on the main floor. New ceiling fan on the main. Good for first-time home buyers or investors. There are numerous possibilities for investors to convert the
Sylvia Ho US PDX Real Estate
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 112193024
APN: R333859
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