$1400000
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Bed
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Bath
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2010 SqFt
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2 DOM
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Built: 1965
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Status: Active
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This exceptional property at 150 SE 82nd Avenue presents a rare redevelopment opportunity in one of Portland's most dynamic corridors, offering multiple value-creation pathways for visionary investors and developers. Strategically positioned on SE 82nd Avenue—a major arterial with over 40,000 vehicles daily—this site benefits from over $185 million in planned infrastructure improvements including street reconstruction, enhanced transit service, and economic development initiatives accelerating private development activity. The property's flexible zoning supports compelling scenarios including ground-floor retail with exceptional arterial exposure, multi-family residential addressing strong East Portland housing demand, or owner-user opportunities for businesses seeking visibility and equity. Robust demographics with over 180,000 residents within three miles, Portland MSA household incomes averaging $89,000+, and continued employment growth drive substantial demand for quality housing and retail services. The combination of high-traffic arterial access, catalytic infrastructure investment, strong demographic fundamentals, and flexible development options positions sophisticated investors to capitalize on Portland's eastward growth trajectory along this premier corridor connecting East Portland neighborhoods to downtown and regional employment centers.
Listing Provided Courtesy of Amit Amshalom, RE/MAX Equity Group
General Information
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635827434
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Other
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2 DOM
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0.44 acres
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2010
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1965
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CM2
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Multnomah
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R284731
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CommercialSale
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Other
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TERRACE PK, BLOCK 10, LOT 1 EXC PT IN STS, LOT 2-4 EXC PT IN ST
Listing Provided Courtesy of Amit Amshalom, RE/MAX Equity Group
PDXA1 Realty Group data last checked: Jan 21, 2026 06:12 | Listing last modified Jan 19, 2026 13:08,
Source:
Residence Information
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2010
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1965
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No
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Features and Utilities
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ForcedAir
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Community
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Gas
Financial
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10980.32
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Cash,Conventional,FHA,Other
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01-19-2026
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No
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No
Comparable Information
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2
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2
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Cash,Conventional,FHA,Other
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$1,400,000
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$1,400,000
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Jan 19, 2026 13:08
Schools
Map
Listing courtesy of RE/MAX Equity Group.
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: Jan 21, 2026 06:12 | Listing last modified Jan 19, 2026 13:08.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
Thinking about buying or selling. Let’s Talk.
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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