$420000
2 Bed
1 Bath
936 SqFt
36 DOM
Built: 1927
Don’t miss this rare investment opportunity at 118 NE Russet Street—an original 1927 home located in Portland’s desirable Piedmont neighborhood. This 2-bedroom, 1-bath property is loaded with character, featuring vintage charm throughout. While it needs updating, the solid construction and functional layout make it the perfect project for flippers, developers, or buyers looking to build serious equity. The full, unfinished basement offers exceptional expansion potential—ample space to add at least two additional bedrooms, a bathroom, and bonus living areas. The home also includes a fully fenced yard, a detached 312 sq ft garage, and a long driveway for convenient off-street parking. A separate tax lot (R209204) is included in the sale, adding further value and possibilities. Situated near parks, restaurants, shops, and major transit routes, this property combines location, flexibility, and upside. Whether you’re renovating for resale, income property, or personal use, this is a can’t-miss opportunity to reimagine a classic Portland home and maximize your return.
Listing Provided Courtesy of Jim McCartan, Cascade Hasson Sotheby's International Realty
113722725
SingleFamilyResidence
36 DOM
2
3920.4 SqFt
1
936
1927
R5
Multnomah
R209205
Woodlawn
Ockley Green
Roosevelt
Residential
SingleFamilyResidence
LOVES ADD, BLOCK 6, W 41' OF LOT 3
Listing Provided Courtesy of Jim McCartan, Cascade Hasson Sotheby's International Realty
PDXA1 Realty Group data last checked: Jul 08, 2025 09:50 | Listing last modified Jun 02, 2025 13:18,
Source:
0
936
0
936
Tax
936
1/Gas
2
1
0
1
Composition
1, Detached
Craftsman,Traditional
Driveway,OffStreet
2
1927
No
VinylSiding
Unfinished
RVParking
Unfinished
WoodFrames
CeilingFan, Fireplace, LivingRoomDiningRoomCombo
FreeStandingRange, FreeStandingRefrigerator, RangeHood
CeilingFan, LaminateFlooring, WalltoWallCarpet, WasherDryer
Fenced, Gazebo, Outbuilding, Patio, Yard
BathroomCabinets, NaturalLighting
CentralAir
Gas
ForcedAir
PublicSewer
Gas
Electricity, Gas
3658.51
0
Cash,Conventional
06-02-2025
No
No
36
36
Cash,Conventional
$420,000
$420,000
Jun 02, 2025 13:18
Listing courtesy of Cascade Hasson Sotheby's International Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 08, 2025 09:50 | Listing last modified Jun 02, 2025 13:18.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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