2440 SW 87TH AVE Portland, OR97225

$684,800
4 bedrooms
1 bathrooms
2187 sq. ft
0.96 acres
20,000 SqFt to .99 Acres
Elementary School: Ridgewood
Middle School: Cedar Park
High School: Sunset
Zoning: R-5
158 days on market
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Price per ft² $313.12/ft²
Recent price drop $15,000
Price per acre $713.3K/ac
Price per bedroom $171.2K/bed
Extra Living Quarters Yes
Time on market 158 days

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Kami Price
Top 1% Buyer's Agent
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Property Description

Three beautiful cottages located on a large private lot in the hills of Portland! One of the three homes is currently income producing with great tenants. This property has the potential to be divided(R-5 Zoning, buyer to perform due dilligence). Square footage is combined sqft between all three homes. Home 1: 787 SQFT, 1 bed, 1 bath with a loft. Home 2: 1 Bed, 1 Bath, Approx 500sqft, Home 3: Studio apartment with double loft areas! .96 Acres with all the opportunity Portland has to offer!

Listing Provided By John L. Scott Market Center

Financial Data

Price Change Dropped $15,000 on 10/13/2021
Total $90,000 drop
Original Price $774,800
Current Price $684,800
Property Taxes $4,783

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Home Facts

Status Active
Year Built 1936
Stories 2
Interior Features
Exterior Features
MLS ID 21399179

2440 SW 87TH AVELoan Cost

Loan Details

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3%
0%20%
30years
1years50years

Additional Costs

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0%5%

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