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    • Price cut: $50.9K (5/28)
    $599,000

    425 NE 146th Ave, Portland, OR 97230

    --beds
    0baths
    --sqft
    Unimproved Land, Single Family Residence
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited.
    141 days
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    69
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Spenser Beck 360-713-7580,

    Handris Realty Co.

    Source: RMLS (OR),MLS#: 277045500MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Features: SqFt 20000 to Acres1
      Details
      • Parcel number: R109695
      • Zoning: RM1/RM2

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Tax assessed value: $550,650
      • Annual tax amount: $4,850
      • Date on market: 2/20/2026
      • Listing terms: Cash,Rehab

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Price change$599,000-7.8%
        Source: RMLS (OR) #277045500 Report a problem
        2/21/2026Listed for sale$649,900+90%
        Source: RMLS (OR) #277045500 Report a problem
        1/27/2025Sold$342,000-2.3%
        Source: RMLS (OR) #24343680 Report a problem
        12/30/2024Pending sale$349,900
        Source: RMLS (OR) #24343680 Report a problem
        12/10/2024Price change$349,900-4.1%
        Source: RMLS (OR) #24343680 Report a problem
        11/22/2024Price change$365,000-8.7%
        Source: RMLS (OR) #24343680 Report a problem
        11/4/2024Listed for sale$399,900
        Source: RMLS (OR) #24343680 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,851 +5.3%$207,390 +3%
        2024$4,604 +4.1%$201,350 +3%
        2023$4,425 +1.5%$195,490 +3%
        2022$4,358 +1.3%$189,800 +3%
        2021$4,301 +10.8%$184,280 +3%
        2020$3,883 +5.4%$178,920 +3%
        2019$3,685 $173,710 +3%
        2018$3,685 +0.9%$168,660 +3%
        2017$3,651 +8.8%$163,750 +3%
        2016$3,357 $158,990 +3%
        2015$3,357 +2.8%$154,360 +3%
        2014$3,266 +17.4%$149,870 +3%
        2013$2,783 -0.7%$145,510 +3%
        2012$2,801 +0.2%$141,280 +3%
        2011$2,796 +1.4%$137,170 +3%
        2010$2,757 +2.6%$133,180 +3%
        2009$2,687 +4.4%$129,310 +3%
        2008$2,575 +0.1%$125,550 +3%
        2007$2,572 +4.3%$121,900 +3%
        2006$2,467 +1.8%$118,350 +3%
        2005$2,422 +2.8%$114,910 +3%
        2004$2,355 +1.9%$111,570 +3%
        2003$2,311 +9.7%$108,330 +3%
        2002$2,107 +9.6%$105,180 +6.1%
        2000$1,923 $99,150
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: Hazelwood

        Getting around

        47 / 100
        Car-Dependent
        53 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Glenfair
        • Middle: H.B. Lee
        • High: Reynolds

        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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