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Listed by Oregon First
$524,999
Est. payment /mo
0.38 Acres Lot
Open Sat 1PM-3PM
110 NE 157TH AVE Portland, OR 97035
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Open House
Sat Jun 06, 1:00pm - 3:00pm
Sun Jun 07, 11:00pm - 1:00pm
UPDATED:
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, OR HOLD—THE CHOICE IS YOURS.Exceptional opportunity for builders, developers, investors, and contractors. This unique offering includes 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 additional lots may offer future development potential, creating a rare opportunity to build on two of the three parcels while generating income or occupying the existing residence. Buyer to perform all due diligence and verify buildability, lot development potential, utility access, and intended use.The well-maintained home provides immediate value and flexibility. Live in the home, rent it out, or utilize it while pursuing development plans. Inside, abundant natural light fills the spacious floor plan, featuring durable laminate flooring throughout, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level adds versatility for multi-generational living, guest quarters, or potential rental income (buyer to verify).The lower level offers a large family room, two generous bedrooms, a remodeled bathroom, laundry area, and additional storage. Thoughtful updates include a premium solar panel system, which will be paid off at closing with a full-price offer, providing long-term energy savings. All kitchen appliances are included for a seamless transition.Outside, the expansive property offers ample room for equipment storage, RV parking, staging areas, or future planning. Enjoy existing amenities including 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 current livability with future possibilities.Whether you're looking for your next development project, a long-term investment, or a property that allows you to l
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
NEARBY SCHOOL & BUSINESS
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