Skip To Content

425 NE 146TH Ave

Portland, OR 97230
  • $649,900
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 342236782
UPDATED: 58 min ago
$649,900
  • 3
    BEDS
  • 0.6
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,352
    SQFT
  • $481
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:

School Information

Elementary School:
Middle School:
High School:

Description

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. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]

Monthly Payment Calculator



Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-03-10T23:46:07.703.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | MORE Realty Inc and should be independently verified.
www.homevaluewashington.com/homes/173244327
Print Image

425 NE 146TH Ave Portland, OR 97230

  • Price: $649,900
  • Status: Active
  • On Site: 17 Days
  • Updated: 58 min ago
  • MLS #: 342236782
3
Beds
1
Baths
0
½ Baths
0.6
Acres
1,352
SQFT
$481
$/SQFT
1948
Built
Neighborhood:
142-Portland Northeast
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Glenfair
Middle School:
H.B. Lee
High School:
Reynolds
Property Description
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. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]
Exterior Features

Architectural Style Stories1 Attached Garage YN No Exterior Description Wood Siding Exterior Features Workshop Yard Garage Type Detached Parking Total 1 Roof Composition View YN No

Interior Features

Appliances Dishwasher Free Standing Range Free Standing Refrigerator Bathrooms Full Lower Level 0 Bathrooms Full Main Level 1 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling YN No Dining Room Level Main Fireplace Features Insert Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Interior Features Hardwood Floors Vaulted Ceiling Wallto Wall Carpet Kitchen11 Level Main Living Room Level Main Lower Level Area Total 0 Main Level Area Total 1052 Primary Bedroom Level Main Second Bedroom Level Main Third Bedroom Level Upper Upper Level Area Total 300 Window Features Wood Frames

Property Features

Association YN No Bank Owned YN No Fuel Description Gas Green Certification YN Yes Home Warranty YN No IDXAddress Display YN Yes Listing Terms Cash Rehab New Construction YN No Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 4850.61 Tax Year 2025 Water Source Public Water

Listing provided courtesy of Handris Realty Co.: .


Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-03-10T23:46:07.703.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | MORE Realty Inc and should be independently verified.
 
https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_342236782-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_342236782-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_342236782-2.jpg
Logo
Gustavo Group | MORE Realty Inc
8308 E Mill Plain Blvd
Vancouver WA, 98664