Active

Price cut: $40K (8/11)

$399,000

16701 SE Stephens St, Portland, OR 97233

4beds

1,531sqft

$2,964/mo

Get pre-qualified

Residential, Single Family Residence

Built in 1941

0.48 Acres Lot

$-- Zestimate^®

$261/sqft

$-- HOA

What's special

Long driveway

Opportunity knocks with this .48-acre level lot zoned R-7 (buyer to verify development potential and permitted uses). The existing home is a heavy fixer and is being sold as-is, making this an ideal opportunity for investors, builders, or buyers looking for a project. Whether you're exploring the property's development potential or planning a complete renovation, the value here is primarily in the land. The property also features a long driveway, carport, and detached garage/shop at the rear of the house. Bring your vision and do your due diligence to see what's possible. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250512]

28 days

624

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Rooms

Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Bedroom 4

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Baseboard, Forced Air

Cooling

None

Appliances

Included: Gas Water Heater

Features

Windows: Aluminum Frames
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 1,531
Total interior livable area: 1,531 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Carport, Detached
Garage spaces: 2
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered Patio
Exterior features: Yard
Fencing: Fenced
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.48 Acres
Features: Level, SqFt 20000 to Acres1

Details

Parcel number: R338044

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Aluminum Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Fixer
New construction: No
Year built: 1941

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Centennial

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $261/sqft
Tax assessed value: $492,090
Annual tax amount: $5,928
Date on market: 7/17/2026
Listing terms: Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/11/2026	Price change	$399,000-9.1%$261/sqft
Source: RMLS (OR) #619154996 Report a problem
7/17/2026	Listed for sale	$439,000$287/sqft
Source: eXp Realty #619154996 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,929 +4.3%	$256,250 +3%
2024	$5,684 +4.5%	$248,790 +3%
2023	$5,442 +2.5%	$241,550 +3%
2022	$5,309 -0.9%	$234,520 +3%
2021	$5,355 +12.1%	$227,690 +3%
2020	$4,775 +3.9%	$221,060 +3%
2019	$4,595	$214,630 +3%
2018	$4,595 +3.5%	$208,380 +3%
2017	$4,441 +7.6%	$202,320 +3%
2016	$4,126	$196,430 +3%
2015	$4,126 +9.1%	$190,710 +3%
2014	$3,783 +28.9%	$185,160 +5.6%
2013	$2,935 +4.8%	$175,360 +5.3%
2012	$2,801 -9.5%	$166,600 -5.5%
2011	$3,095 -13.3%	$176,380 -1.9%
2010	$3,569 -2.3%	$179,770 +3%
2009	$3,653 +1.2%	$174,540 +3%
2008	$3,609 +0.1%	$169,460 +3%
2007	$3,605 +3.3%	$164,530 +3%
2006	$3,491 +2.8%	$159,740 +3%
2005	$3,395 +2.5%	$155,090 +3%
2004	$3,312 +4.3%	$150,580 +3%
2003	$3,176 +6.4%	$146,200 +3%
2002	$2,986 +20.8%	$141,950 +13.5%
2000	$2,471	$125,080