308 NE 117TH AVE

Portland, 97220

  • 2 Bed

  • 1 Bath

  • 724 SqFt

  • 325 DOM

  • Built: 1953

  • Status: Active

$280,000

Price cut: $20K (10-16-2025)

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308 NE 117TH AVE

Portland 97220

$280000

Price cut: $20K (10-16-2025)

  • 2 Bed

  • 1 Bath

  • 724 SqFt

  • 325 DOM

  • Built: 1953

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

This sweet 2 bedroom home has been a rental for years, it would qualify for a rehabilitation loan only. I have an experienced lender for that if needed! Value is in the land and the lot is buildable for multi family options per city and county zoning codes. Buyer's due diligence is required to see how many units the city will allow. The home is clean and serviceable but has had no upgrades in heat, plumbing or electrical. Continue to use as a rental while waiting for the approved permits to build. Drive by but Do Not disturb our renter. Seller will give 90 day notice to vacate once an acceptable offer is received. Rents are lower than usual due to an excellent long term renter who pays utilities in addition to the monthly rent. Guaranteed rent through Home Forward Program!

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