Builders, developers, investors, and visionaries—rare fixer opportunity on a 50' x 100' corner lot zoned RM1h in the Parkrose School District. Development potential includes multi-dwelling housing (1–3 stories, up to 35 feet), with no maximum density or parking requirements. Other potential uses include a duplex, triplex, fourplex, rowhouses, or courtyard housing. Buyers to complete their due diligence with the city for their intended use. Offered for the first time in nearly 30 years, this property has seat vacant for approximately three years. This property will not finance; the property is being sold strictly as-is. The furnace is non-operable, and an above-ground oil tank is located in the yard. CAUTION: Exterior steps leading to the front door. Conveniently located with easy freeway access and close proximity to PDX Airport, Cascade Station, Costco, bus line, Sumner transit station, fire and rescue station, and 82nd Avenue corridor amenities. No interior photographs. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249265]
Active
$269,900
8506 NE Prescott St, Portland, OR 97220
2beds
1,484sqft
Residential, Single Family Residence
Built in 1926
5,227 Square Feet Lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
- 24 days |
- 2,358 |
- 102 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rose Anderson 503-320-3298,
Wise Move Real Estate
Source: RMLS (OR),MLS#: 483048124
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- None
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,484
- Total interior livable area: 1,484 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Fencing: Fenced
Lot
- Size: 5,227 Square Feet
- Dimensions: 5000
- Features: Corner Lot, Level, SqFt 5000 to 6999
Details
- Parcel number: R261885
- Zoning: RM1h
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sumner/Roseway
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $408,980
- Annual tax amount: $3,623
- Date on market: 6/18/2026
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $269,900+641.5%$182/sqft |
Source:  RMLS (OR) #483048124 Report a problem | ||
| 6/26/1997 | Sold | $36,400$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,623 +4.2% | $158,340 +3% |
| 2024 | $3,476 +4.3% | $153,730 +3% |
| 2023 | $3,334 +2% | $149,260 +3% |
| 2022 | $3,268 +1.7% | $144,920 +3% |
| 2021 | $3,213 +7.7% | $140,700 +3% |
| 2020 | $2,983 +5.7% | $136,610 +3% |
| 2019 | $2,823 | $132,640 +3% |
| 2018 | $2,823 +3.5% | $128,780 +3% |
| 2017 | $2,727 +7.5% | $125,030 +3% |
| 2016 | $2,536 | $121,390 +3% |
| 2015 | $2,536 +2% | $117,860 +3% |
| 2014 | $2,487 +3.7% | $114,430 +3% |
| 2013 | $2,399 +5.3% | $111,100 +3% |
| 2012 | $2,278 +4.5% | $107,870 +3% |
| 2011 | $2,179 +1.5% | $104,730 +3% |
| 2010 | $2,147 +2% | $101,680 +3% |
| 2009 | $2,104 +6.7% | $98,720 +3% |
| 2008 | $1,973 +0.1% | $95,850 +3% |
| 2007 | $1,972 +3.2% | $93,060 +3% |
| 2006 | $1,912 +1.9% | $90,350 +3% |
| 2005 | $1,877 +18.3% | $87,720 +20.3% |
| 2004 | $1,587 +0.9% | $72,910 +3% |
| 2003 | $1,572 +11.1% | $70,790 +3% |
| 2002 | $1,415 +7.2% | $68,730 +6.1% |
| 2000 | $1,320 +3.7% | $64,790 +3% |
| 1999 | $1,273 | $62,910 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sumner
Nearby schools
GreatSchools rating
- 8/10Russell ElementaryGrades: K-5Distance: 2.3 mi
- 2/10Parkrose Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Parkrose High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Russell
- 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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