110 NE 157TH AVE, Portland, OR 97035
110 NE 157TH AVE, Portland, OR 97035
110 NE 157TH AVE, Portland, OR 97035
110 NE 157TH AVE, Portland, OR 97035
110 NE 157TH AVE, Portland, OR 97035
110 NE 157TH AVE, Portland, OR 97035
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Listed by Oregon First
$ 499,999
Est. payment | /mo

0.38 Acres Lot


$ 499,999
Est. payment | /mo

0.38 Acres Lot

Open House

Sat Jul 11, 2:00pm - 4:00pm

Sat Jul 18, 12:00pm - 3:00pm

Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 684644048

HOA Y/N No

Annual Tax Amount $7,844

Tax Year 2025

Lot Size 0.380 Acres

Property Sub-Type Single Family Residence

Property Description

DEVELOP, BUILD, HOLD, OR OCCUPY! Rare opportunity for builders, developers, investors, contractors, or buyers looking for long-term value. This unique property includes three adjoining tax lots totaling approximately 0.38 acres. The existing home sits on one lot, while the additional two parcels may offer future development potential. Buyer to complete all due diligence regarding buildability, development options, utilities, zoning, lot usage, and intended use.The existing home adds immediate value and flexibility. Live in it, rent it out, or use it while exploring future plans. The home features a spacious, light-filled floor plan with durable laminate flooring, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level creates flexible living options for multi-generational living, guest space, extended household needs, or possible rental income. Buyer to verify.The lower level includes a large family room, two generous bedrooms, a remodeled full bathroom, laundry area, and additional storage. A premium solar panel system will be paid off at closing with an acceptable offer, offering potential long-term energy savings. Kitchen appliances are included.Outside, the property offers rare space within city limits, with room for RV parking, equipment, storage, staging, gardening, or future development vision. Outdoor features include a firepit, unique stage platform, large outbuilding, and substantial open yard space.Convenient location just approximately 0.3 miles from Glenfair Elementary and minutes to shopping, dining, public transportation, and major commuter routes.Whether you are looking for your next development opportunity, a long-term hold, an income-producing property, or a home with multiple paths to value, this property offers flexibility that is hard to find. Bring your ideas and explore the possibilities!

Location

State OR

County Multnomah

Area _142

Zoning R5

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, SeeRemarks, Sewer500FeetPlus, WaterAvailable

Garage No

Schools

Elementary Schools Glenfair

Middle Schools H.B. Lee

High Schools Reynolds

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://vimeo.com/speedsphoto/download/1197501121/b1286dc8a6

Regional Multiple Listing Service (RMLS)
Willcuts Company Realtors

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110 NE 157TH AVE