Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.
Active
Price cut: $500K (6/8)
$2,700,000
11324 NE Sandy Blvd, Portland, OR 97220
--beds
0baths
0.71Acres
Unimproved Land
Built in ----
0.71 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 75 days |
- 69 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
John Hatch 503-789-1247,
Keller Williams Realty Professionals,
Beth Nelsen 503-664-6866,
Keller Williams Realty Professionals
Source: RMLS (OR),MLS#: 586326525
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.71 Acres
- Dimensions: 238ft x 131 ft
- Features: On Busline, Level, SqFt 20000 to Acres1
Details
- Additional structures: Residence
- Parcel number: R235624
- Zoning: CE
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $21,604
- Date on market: 4/10/2026
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $2,700,000-15.6% |
Source: | ||
| 5/19/2026 | Price change | $3,200,000+14.3% |
Source: | ||
| 4/11/2026 | Listed for sale | $2,800,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Parkrose
Nearby schools
GreatSchools rating
- 3/10Prescott Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Parkrose Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Parkrose High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Prescott
- Middle: Parkrose
- High: Parkrose
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97220
- Parkrose
- 11324 NE Sandy Blvd







