110 NE 157TH AVE, Portland, OR 97035

  • $499,999
  • $512,500

Overview

  • SingleFamilyResidence, Land
    Property Type
  • 684644048
    MLS#
  • 0.38 Acres
    Land Area
  • Oregon First
    Office Name
  • Rachel Sheller
    Agent Name

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!

Details

Updated on July 29, 2026 at 11:21 pm
  • MLS# 684644048
  • Price $499,999
  • Land Area 0.38 Acres
  • Garage Size x x
  • Property Type SingleFamilyResidence, Land
  • Property Status Active
  • Office Name Oregon First
  • Agent Name Rachel Sheller
  • Office Phone 503-667-5686

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Utilities Electricity Connected, Natural Gas Connected, See Remarks, Sewer500Feet Plus, Water Available
  • County Multnomah
  • Property Type Land
  • Elementary School Glenfair
  • Middle School H.B. Lee
  • High School Reynolds

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