Prime Development Opportunity – 1+ Acre Zoned R7 Seize the chance to own over an acre of level, developable land in a highly sought-after location, just moments from schools, shopping, and major commuter routes. Zoned R7 (buyer to verify), this property offers the potential for up to 7 units per acre, making it ideal for a short plat, townhome development, or long-term investment. Buyers do their due diligence. Included is a 2BD/1BA home, offering immediate rental income or a residence during your planning and permitting stages. The flat topography, proximity to utilities, and strong development potential make this an outstanding opportunity. Priced competitively to sell quickly don’t miss out on this exceptional investment!
Sold
$450,000
8615 SE Clatsop St, Portland, OR 97266
2beds
696sqft
Residential, Single Family Residence
Built in 1953
1.14 Acres Lot
$448,500 Zestimate®
$647/sqft
$1,625 Estimated rent
Home value
$448,500
$417,000 - $484,000
$1,625/mo
Zestimate® history
Owner options
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$1,625/mo
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$1,625/mo
Rent Zestimate®
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$2,746/mo
Est. payment
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$2,746/mo
Est. payment
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List your homeWhat's special
Flat topographyLevel developable land
Zillow last checked:
Listing updated:
Listed by:
Kevin Truong 503-998-7088,
Call it Closed International, Inc
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 503285197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 2
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Family room
- Level: Main
Kitchen
- Features: Pantry
- Level: Main
- Area: 132
- Width: 11
Living room
- Features: Hardwood Floors, Wood Stove
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Forced Air
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Closet, Pantry
- Flooring: Hardwood
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 696
- Total interior livable area: 696 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, RV Access/Parking, Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.14 Acres
- Features: Level, Light Rail, Acres 1 to 3
Details
- Additional structures: RVParking
- Parcel number: R146045
- Zoning: R7
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cedar
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Gas: Gas
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | $450,000-10%$647/sqft |
Source:  RMLS (OR) #503285197 Report a problem | ||
| 7/9/2025 | Pending sale | $500,000$718/sqft |
Source: RMLS (OR) #503285197 Report a problem | ||
| 5/14/2025 | Listed for sale | $500,000+51.5%$718/sqft |
Source: RMLS (OR) #503285197 Report a problem | ||
| 11/13/2018 | Sold | $330,000-2.9%$474/sqft |
Source: RMLS (OR) #18264077 Report a problem | ||
| 10/11/2018 | Pending sale | $339,900$488/sqft |
Source: Living Room Realty #18264077 Report a problem | ||
| 10/4/2018 | Listed for sale | $339,900+119.3%$488/sqft |
Source: Living Room Realty #18264077 Report a problem | ||
| 12/14/2009 | Sold | $155,000-8.8%$223/sqft |
Source: Public Record Report a problem | ||
| 6/23/2009 | Listing removed | $170,000$244/sqft |
Source: Tom DeVilliers , PC #9025864 Report a problem | ||
| 6/6/2009 | Price change | $170,000+6.3%$244/sqft |
Source: Tom DeVilliers , PC #9025864 Report a problem | ||
| 4/21/2009 | Price change | $160,000-8.6%$230/sqft |
Source: Tom DeVilliers , PC #9025864 Report a problem | ||
| 3/8/2009 | Listed for sale | $175,000$251/sqft |
Source: Tom DeVilliers , PC #9025864 Report a problem | ||
| 1/31/2009 | Listing removed | $175,000$251/sqft |
Source: Vflyer #8103283 Report a problem | ||
| 1/22/2009 | Price change | $175,000-25.5%$251/sqft |
Source: Vflyer #8103283 Report a problem | ||
| 11/1/2008 | Listed for sale | $234,900+17.4%$338/sqft |
Source: Vflyer #8103283 Report a problem | ||
| 7/29/2005 | Sold | $200,000$287/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,148 +6% | $267,280 +3% |
| 2024 | $6,742 +1% | $259,500 +3% |
| 2023 | $6,676 +2.2% | $251,950 +3% |
| 2022 | $6,532 +1.7% | $244,620 +3% |
| 2021 | $6,421 +9.9% | $237,500 +3% |
| 2020 | $5,844 +5.6% | $230,590 +3% |
| 2019 | $5,533 | $223,880 +3% |
| 2018 | $5,533 +0.5% | $217,360 +3% |
| 2017 | $5,508 +14% | $211,030 +3% |
| 2016 | $4,831 | $204,890 +3% |
| 2015 | $4,831 +2.7% | $198,930 +3% |
| 2014 | $4,704 +17.2% | $193,140 +3% |
| 2013 | $4,014 +5.4% | $187,520 +3% |
| 2012 | $3,809 +2.2% | $182,060 +3% |
| 2011 | $3,729 -0.3% | $176,760 +3% |
| 2010 | $3,738 +2.7% | $171,620 +3% |
| 2009 | $3,640 +6% | $166,630 +3% |
| 2008 | $3,435 +0.3% | $161,780 +3% |
| 2007 | $3,425 +11.4% | $157,070 +3% |
| 2006 | $3,076 +4.7% | $152,500 +3% |
| 2005 | $2,938 -8.2% | $148,060 +3% |
| 2004 | $3,200 +2.3% | $143,750 +3% |
| 2003 | $3,129 +8.9% | $139,570 +3% |
| 2002 | $2,874 +7.8% | $135,510 +6.1% |
| 2000 | $2,665 | $127,740 |
Find assessor info on the county website
Neighborhood: Lents
Nearby schools
GreatSchools rating
- 6/10Kelly Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Lane Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Kelly
- Middle: Lane
- High: Franklin
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
$448,500
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
$448,500
- Oregon
- Multnomah County
- Portland
- 97266
- Lents
- 8615 SE Clatsop St
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