Development Potential & Massive 0.41 Acre Lot! Rare investment opportunity in a prime location. This 0.41-acre level lot offers a massive footprint with potential for a multi-housing project or a complete custom renovation. The existing 2-bedroom, 1-bath cottage is a blank canvas awaiting your vision. Features a large driveway with ample space for RV/boat storage and a functional carport. Sold CASH ONLY and strictly AS-IS. (Previous remodel in 2012, great finished attic space, not included in sq ft.) Bring your contractor and your imagination to unlock the true value of this oversized lot. OPEN HOUSE 2/17 - 4pm-6pm Offer Deadline: Highest and best due by 2/20/26 at 5pm. (Seller reserves the right to accept an offer prior to deadline) Home Energy Score is 1 out of 10, the report can be found here: https://us.greenbuildingregistry.com/green-homes/OR10245082
Sold
$314,000
2824 SE 115th Ave, Portland, OR 97266
2beds
942sqft
Residential, Single Family Residence
Built in 1947
0.41 Acres Lot
$313,700 Zestimate®
$333/sqft
$2,126 Estimated rent
Home value
$313,700
$295,000 - $336,000
$2,126/mo
Zestimate® history
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$2,126/mo
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$2,126/mo
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$1,916/mo
Est. payment
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$1,916/mo
Est. payment
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List your homeWhat's special
Great finished attic spaceFunctional carportOversized lot
Zillow last checked:
Listing updated:
Listed by:
Tabi Traughber 916-821-2982,
HomeSmart Realty Group
Bought with:
Tabi Traughber, 201233071
HomeSmart Realty Group
Source: RMLS (OR),MLS#: 720950530
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Microwave
- Laundry: Laundry Room
Features
- Flooring: Vinyl
- Windows: Double Pane Windows, Vinyl Frames, Wood Frames
- Basement: Crawl Space
Interior area
- Total structure area: 942
- Total interior livable area: 942 sqft
Property
Parking
- Parking features: Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level, Main Floor Bedroom Bath, One Level, Utility Room On Main, Accessibility
Features
- Levels: One
- Stories: 1
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 0.41 Acres
- Features: Level, Trees, SqFt 15000 to 19999
Details
- Additional structures: ToolShed
- Parcel number: R333906
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, DSL
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Sold | $314,000+4.7%$333/sqft |
Source:  RMLS (OR) #720950530 Report a problem | ||
| 2/22/2026 | Pending sale | $300,000$318/sqft |
Source: RMLS (OR) #720950530 Report a problem | ||
| 2/19/2026 | Price change | $300,000+0%$318/sqft |
Source: RMLS (OR) #720950530 Report a problem | ||
| 2/17/2026 | Listed for sale | $299,995$318/sqft |
Source: RMLS (OR) #720950530 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,580 +4.4% | $106,680 +3% |
| 2024 | $2,471 +4.5% | $103,580 +3% |
| 2023 | $2,364 +5.5% | $100,570 +3% |
| 2022 | $2,241 +1.7% | $97,650 +3% |
| 2021 | $2,204 +10.4% | $94,810 +3% |
| 2020 | $1,997 +3.3% | $92,050 +3% |
| 2019 | $1,933 | $89,370 +3% |
| 2018 | $1,933 +3.2% | $86,770 +3% |
| 2017 | $1,874 +6.6% | $84,250 +3% |
| 2016 | $1,757 | $81,800 +3% |
| 2015 | $1,757 +2.4% | $79,420 +3% |
| 2014 | $1,715 +4.8% | $77,110 +3% |
| 2013 | $1,637 +5.1% | $74,870 +3% |
| 2012 | $1,558 +3.6% | $72,690 +3% |
| 2011 | $1,504 +1.9% | $70,580 +3% |
| 2010 | $1,476 +2.3% | $68,530 +3% |
| 2009 | $1,443 +3.5% | $66,540 +3% |
| 2008 | $1,394 +0.4% | $64,610 +3% |
| 2007 | $1,388 +4.9% | $62,730 +3% |
| 2006 | $1,323 +4.5% | $60,910 +3% |
| 2005 | $1,267 +3.5% | $59,140 +3% |
| 2004 | $1,224 +3.8% | $57,420 +3% |
| 2003 | $1,179 +5% | $55,750 +3% |
| 2002 | $1,123 +12.4% | $54,130 +6.1% |
| 2000 | $999 | $51,030 |
Find assessor info on the county website
Neighborhood: Powellhurst Gilbert
Nearby schools
GreatSchools rating
- 3/10West Powellhurst Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Ron Russell Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10David Douglas High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: W Powellhurst
- Middle: Ron Russell
- High: David Douglas
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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Estimated market value
$313,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$313,700
- Oregon
- Multnomah County
- Portland
- 97266
- Powellhurst Gilbert
- 2824 SE 115th Ave
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