This single-family home is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.The home is currently leased and situated on a 12,197± sq. ft. lot that shares access with Auction Property #112. Zoned RM2, the site allows for a 3- to 4-story building with a minimum density of one unit per 2,000 sq. ft., permitting up to six units, with potential for increased density subject to City of Portland approval. Projected 2026 gross income is $18,480. The tenant has occupied the home for over four years. Real estate taxes are $3,844, and the landlord covers trash service.This property offers a unique opportunity to secure in-place income with significant future development potential in Southeast Portland.
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
General Information
163506094
SingleFamilyResidence
1
DOM
3
0.28 acres
2
1140
1976
RM2
Multnomah
R334558
Lincoln Park
Ron Russell
David Douglas
Residential
SingleFamilyResidence
SECTION 11 1S 2E, TL 800 0.28 ACRES
Listing Provided Courtesy of John Rosenthal, Realty Marketing / Northwest
Krishna Realty data last checked: Apr 22, 2026 15:38 | Listing last modified Apr 21, 2026 15:58,
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Residence Information
0
1140
0
1140
assessor
1140
1/Gas
3
2
0
2
Composition
1, Attached
Stories1,Ranch
Driveway
1
1976
No
WoodSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
ForcedAir
PublicSewer
Electricity
Financial
3846.4
0
Cash
04-21-2026
1540
No
No
Comparable Information
1
1
Cash
Apr 21, 2026 15:58
Schools
Elementary : Lincoln ParkN/ARatings Middle : Ron Russell N/ARatings High : David DouglasN/ARatings
This single-family home is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.The home is currently leased and situated on a 12,197± sq. ft. lot that shares access with Auction Property #112. Zoned RM2, the site allows for a 3- to 4-story building with a minimum density of one unit per 2,000 sq. ft., permitting up to six units, with potential for increased density subject to City of Portland approval. Projected 2026 gross income is $18,480. The tenant has occupied the home for over four years. Real estate taxes are $3,844, and the landlord covers trash service.This property offers a unique opportunity to secure in-place income with significant future development potential in Southeast Portland.
