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  • 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

    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.
    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#: 586326525MLS Logo

      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

        DateEventPrice
        6/8/2026Price change$2,700,000-15.6%
        Source: RMLS (OR) #586326525 Report a problem
        5/19/2026Price change$3,200,000+14.3%
        Source: RMLS (OR) #586326525 Report a problem
        4/11/2026Listed for sale$2,800,000
        Source: RMLS (OR) #586326525 Report a problem

        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

        Getting around

        75 / 100
        Very Walkable
        43 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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