USAORPortland2737 Se 115Th Ave
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$875,000

For Sale

7 hours ago

2737 Se 115 Th Ave, Portland, OR

House

MLS® 716428779

3 Bed

1 Bath

1230 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1230 sqft
Garage Yes
Taxes $4,674
Days Active 0
Lot Size 0.53 acres
Approx. Age 1942
Avg. Price Per Sqft $711
MLS® Number 716428779

Property Address: 2737 Se 115th Ave, Portland, OR, 97266-1133

Average square foot calculated using Size range provided by listing agent.

Description

An extraordinary development opportunity awaits at 2737 SE 115th Ave, Portland, OR! Combination of two tax lots. Currently, only one structure stands, offering the choice to either demolish or maintain for rental income, generating $1, 800 per month on a flexible month-to-month lease. You have the option to retain the tenant, securing income while finalizing permits or begin fresh with your vision. Seller can deliver the property vacant if requested. What sets this property apart is the substantial groundwork that's already been completed, saving you valuable time and financial resources. However, the potential doesn't stop there; this property offers more than one avenue for development, with possibilities ranging from 16 to 36 units. Location is key, and this property enjoys a prime position close to Division Street and the Trimet Bus line, ensuring accessibility and convenience. Moreover, the area has seen a surge in new residential infill projects, highlighting its desirability and growth potential. Buyers are encouraged to conduct their due diligence, exploring the many opportunities this property offers. Whether you're an experienced developer or a newcomer to the real estate scene, this property's pre-established groundwork, versatility make it a rare find. [Home Energy Score = 4. HES Report at https://rpt.Greenbuildingregistry.Com/hes/OR10222321]
MLS® Number716428779
Laundry Level
Central VacNo
FireplaceNo
Acreage0.53
Exterior
GarageYes
Approx. Age1942
Basement
DrivewayDriveway, Off Street
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Great Room:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 13, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
2737 Se 115 Th Ave, Portland, OR

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