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About This Home

This land at 110 NE 157TH Ave in Portland, OR is listed for $512,500 (0.38 acres).

Agent Description

PRICE REDUCED - DEVELOP, BUILD, OR HOLD!Rare opportunity for builders, developers, investors, and contractors. Three adjoining tax lots totaling approximately 0.38 acres (0.16, 0.13, and 0.09 acres; taxes include all three lots). The existing home sits on one lot, while the other two may offer future development potential.

Build on two parcels while generating income from or occupying the existing home. Buyer to perform all due diligence regarding buildability, development potential, utilities, and intended use.The well-maintained home offers immediate value and flexibility.

Live in it, rent it out, or utilize it while pursuing development plans. Natural light fills the spacious floor plan featuring durable laminate flooring, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level adds flexibility for multi-generational living, guest quarters, or possible rental income (buyer to verify).The lo

wer level includes a large family room, two generous bedrooms, remodeled bathroom, laundry area, and extra storage. A premium solar panel system will be paid off at closing with a full-price offer, providing long-term energy savings. All kitchen appliances are included.Outside, enjoy ample space for equipment storage, RV parking, staging, or future development.

Property features a firepit, unique outdoor stage platform, large outbuilding, and substantial open space rarely found within city limits.Conveniently located just 0.3 miles from Glenfair Elementary and minutes from shopping, dining, and major commuter routes, this property combines today's livability with tomorrow's possibilities.Whether you're seeking your next development project, a long-term investment, or a property with multiple paths to value, this is an opportunity you won't want to miss.

Key Features

  • 0.38 acre lot

Amenities

Solar

Location

110 NE 157TH Ave

Portland, OR 97035

Questions & Answers

This 0-bedroom, 0-bathroom land at 110 NE 157TH Ave is listed at $512,500. The estimated monthly payment is $2,221 based on 20% down at 6.5% interest.

Key features include: 0.38 acre lot.

This property is listed by Rachel Sheller and can be reached at 5033809634 or rachel@rachelsheller.com.

RS

Rachel Sheller

Agent at Oregon First

(503) 380-9634

Listed by Oregon First · View on Broker Site

MLS# 684644048· Source: listhub· Updated 23 days ago

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110 NE 157TH Ave, Portland, OR 97035

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