$
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3 Bed
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2 Bath
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1140 SqFt
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1 DOM
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Built: 1976
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Status: Active
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This single-family home is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.The home is currently leased and situated on a 12,197± sq. ft. lot that shares access with Auction Property #112. Zoned RM2, the site allows for a 3- to 4-story building with a minimum density of one unit per 2,000 sq. ft., permitting up to six units, with potential for increased density subject to City of Portland approval. Projected 2026 gross income is $18,480. The tenant has occupied the home for over four years. Real estate taxes are $3,844, and the landlord covers trash service.This property offers a unique opportunity to secure in-place income with significant future development potential in Southeast Portland.
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
General Information
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163506094
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SingleFamilyResidence
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1 DOM
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3
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0.28 acres
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2
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1140
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1976
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RM2
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Multnomah
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R334558
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Lincoln Park
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Ron Russell
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David Douglas
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Residential
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SingleFamilyResidence
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SECTION 11 1S 2E, TL 800 0.28 ACRES
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
PDXA1 Realty Group data last checked: Apr 22, 2026 04:47 | Listing last modified Apr 21, 2026 15:58,
Source:
Residence Information
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0
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1140
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0
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1140
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assessor
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1140
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1/Gas
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3
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2
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0
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2
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Composition
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1, Attached
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Stories1,Ranch
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Driveway
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1
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1976
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No
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WoodSiding
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CrawlSpace
-
-
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CrawlSpace
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ConcretePerimeter
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-
Features and Utilities
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-
-
-
-
-
-
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ForcedAir
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PublicSewer
-
-
Electricity
Financial
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3846.4
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0
-
-
-
-
Cash
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04-21-2026
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1540
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No
-
No
Comparable Information
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1
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1
-
-
Cash
-
-
-
-
Apr 21, 2026 15:58
Schools
Map
Listing courtesy of Realty Marketing / Northwest.
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: Apr 22, 2026 04:47 | Listing last modified Apr 21, 2026 15:58.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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