2821 SE 115th Ave
Portland, OR 97266
Map
- 5 beds
- 2 baths
- 1,838 sqft
- ~1/2 acre lot
- $369 per sqft
- 1942 build
- – on site
Discover an exceptional opportunity in to own 1/2 acre in the City of Portland.This property has a 3 bed, 1 bath and the ADU has 2 bedrooms and 1 bath, making this property 2 homes with a total of 5 bedrooms and 2 bathrooms on an expansive 0.53-acre lot. This unique property would be wonderful for multi-generational living, rental income, or investment potential. With R5 zoning and a divisible lot, the possibilities are endless: build additional homes at the rear of the property, split and sell the back lots, or create a small development in a sought-after Portland neighborhood. Whether you're looking to live, invest, or build, this property combines timeless charm with serious future potential. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10239200]
Last checked:
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Last updated Jun 19, 2025
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MLS# 239587661 —
The Building
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Year Built:1942
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New Construction:false
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Architectural Style:Stories1, Bungalow
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Roof:Composition
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Stories:1
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Basement:CrawlSpace
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Foundation Details:ConcretePerimeter
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Exterior Description:CementSiding
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Exterior Features:AccessoryDwellingUnit, CoveredDeck, RVHookup, RVParking, ToolShed, Yard
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Window Features:DoublePaneWindows
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Building Area Description:last list
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Building Area Total:1838.0
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Building Area Calculated:1838
Interior
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Interior Features:AirCleaner, WasherDryer
Room Dimensions
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Main Level Area Total:1838
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Between Division and Powell on SE 115th
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Latitude:45.501367
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Longitude:-122.546121
The Property
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Parcel Number:R215167
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Features:Level
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.53
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Lot Size SqFt:23086.0
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Lot Size Dimensions:23,025 sq ft
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Zoning:R5
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View:true
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View Description:Territorial, TreesWoods
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Farm:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 573-9199
- Office phone:
- (503) 496-7620
Taxes
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Tax Year:2024
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Tax Legal Description:MCGREWS TR, BLOCK 2, LOT 13
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Tax Annual Amount:5385.05
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
The Listing
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=Cto8Gub8Sw1&mls=1
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Virtual Tour URL Unbranded 2:https://my.matterport.com/show/?m=ENSyuAfnc9Q&mls=1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Gas
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Internet Service Type:Cable
Appliances
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Appliances:Quartz, StainlessSteelAppliance
Schools
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Elementary School:W Powellhurst
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Middle Or Junior School:Ron Russell
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High School:David Douglas
The Community
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Subdivision Name:POWELLHURST
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:Driveway, RVAccessParking
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RV Parking:RVHookup,RVParking
Monthly cost estimate
Asking price
$678,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,635
|
| Taxes | $448 |
| Insurance | $186 |
| Utilities | $189 See report |
| Total | $4,458/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/18/25
Jun 18, 2025
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Listed / Active | RMLS | $678,900 | 430.4% (32.6% / YR) |
|
4/9/12
Apr 9, 2012
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RMLS | $128,000 |
37% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $24k above asking price on average, but some went as high as $110k over asking price.
