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2821 SE 115TH AVE, Portland
$636,000
5 Beds ⋅ 2 Baths ⋅ 742261598 MLS
Beautifully remodeled and incredibly versatile, this rare half-acre property features two separate single-level residences with outstanding income and future development potential. The main home offers 3 beds and 1 bath with a remodeled kitchen, updated finishes, comfortable one-level living and A/C. The detached ADU includes 2 beds and 1 bath, remodeled and move-in ready — ideal for rental income, multigenerational living, guest quarters or owner-occupancy with supplemental income. Both homes include fridges and w/ds, making this a truly turnkey opportunity for homeowners and investors alike. Strong existing rental performance with rentometer.com est average rents of approx. $2,167/month for the 3-bed and $1,615/month for the 2-bed ADU creates immediate income potential. BONUS: The 1/2 lot creates additional possibilities rarely found in Portland. The rear portion of the property may allow space for an additional detached ADU, while the full site offers exciting future redevelopment potential for middle housing or cluster home development with potential for up to 16 units. Whether you're looking for an investment opportunity, flexible living arrangement, or long-term development upside, this property offers exceptional potential in a rapidly evolving area of SE Portland. Large usable lot, multiple living spaces, income potential and future flexibility all in one unique property. Property includes a 50 amp exterior outlet for tiny home or RV. Lot may be divided into a minimum of 3 lots. Both units will be vacant at close. Buyer to verify zoning, density and feasibility with the City of Portland. Quiet street, conveniently located in SE Portland with easy access to I-205, Division Street, shopping, restaurants, parks and public transportation. Close to everyday amenities while still offering the privacy and flexibility of a rare half-acre property. DOM is not accurate. Property was withdrawn for 3 weeks to make a repair, back active. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239200]

2821 SE 115TH AVE, Portland

2615 SE 84TH PL, Portland
$395,000
2 Beds ⋅ 1 Baths ⋅ 164618483 MLS
Tucked into Portland’s Powellhurst-Gilbert neighborhood, this updated bungalow is the kind of home that quietly steals the show. Especially with low property taxes! Bright, spacious rooms meet a long list of big-ticket upgrades: new roof, fiber-cement siding & exterior paint, chimney restoration, PEX plumbing, updated electrical, and a 95% efficient furnace, all completed between 2022 to 2025. Beautiful COREtec luxury vinyl plank floors, new trim, and fresh interior paint give the home a clean, modern feel while keeping its classic charm intact. Outside, the fenced front and backyard is ready for summer fun and garden dreams with raised beds, sprinklers, fruiting plants (Blueberries, Rainier and Bing cherries — just to name a few) and a reimagined covered patio for year-round hangs. The long, extra wide driveway and carport provides ample parking, while the basement gives plenty of room for storage. This home is more than move-in ready... it’s planted, polished, and giving peace of mind for its next homeowner. Located in a Portland sweet spot! With a Walk Score of 86 and Bike Score of 94, you’re just minutes from local restaurants, Portland Nursery, highway access, and abundant public transit. Cruise over to Mt Tabor, explore Montavilla, or enjoy everything the vibrant 82nd corridor has to offer without needing to venture far from home. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10197209]

2615 SE 84TH PL, Portland

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