- 2 beds
- 1 bath
- 2,584 sqft
- 7,840 sqft lot
- $193 per sqft
- 1948 build
- – on site
Exciting Residential, Commercial, Investment Opportunity in Raleigh Hills! Unlock the potential of this prime location property, ideally situated in the bustling heart of Raleigh Hills. Originally a residential home, this property has been re-zoned as CO(Commercial Office), offering a wealth of opportunities for savvy investors and entrepreneurs. Built in 1948, this unique property features a generous 1,414 sq ft on the main floor, complemented by an expansive 1,170 sq ft unfinished basement ready to be transformed to suit your business needs. The main level boasts custom wood floors, classic built-ins, a cozy fireplace, and a full kitchen, along with two bedrooms and one bathroom, providing an adaptable space ideal for offices, boutique shops, or service businesses. Imagine the possibilities in the spacious basement, which includes an additional fireplace, perfect for a large workspace, conference area, or ample storage solutions for your growing business. Set on a .18-acre lot, this property includes a detached garage with multiple parking spaces and additional street parking. This property is being offered in AS-IS condition, inviting you to bring your vision and creativity to reinvent this space. Whether you're looking to establish a new business or expand an existing one, this location offers unparalleled potential. Now available for the first time as a commercial opportunity, don't miss your chance to develop your dream business in a superb location. What is your vision? Start shaping your future in Raleigh Hills today!
Last checked:
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Checking…
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Last updated Jun 15, 2025
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MLS# 538580582 —
The Building
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Year Built:1948
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New Construction:false
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Architectural Style:Stories2
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Roof:Composition
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Stories:2
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Basement:None
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Foundation Details:Slab
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Exterior Description:Brick, WoodSiding
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Exterior Features:CoveredPatio, Yard
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Window Features:WoodFrames
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Security Features:SecuritySystem
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Building Area Description:Trio
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Building Area Total:2584.0
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Building Area Calculated:1414
Interior
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Interior Features:CeilingFan, HardwoodFloors, Skylight
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Fireplace:true
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Fireplaces Total:2
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:1414
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Lower Level Area Total:1170
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:Scholls Ferry rd & Dogwood Lane
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Latitude:45.486733
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Longitude:-122.749322
The Property
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Parcel Number:R94267
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Fixer
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Lot Features:GentleSloping, Level
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Lot Size Range:SqFt7000to9999
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Lot Size Acres:0.18
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Lot Size SqFt:7840.0
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Zoning:OC
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View:true
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View Description:Territorial
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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) 849-0307
- Office phone:
- (503) 270-5700
Taxes
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Tax Year:2024
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Tax Legal Description:BEAUX ARBRES, LOT PT 9, ACRES 0.18
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Tax Annual Amount:2613.42
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
The Listing
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Virtual Tour URL Unbranded:https://geramyrapp.hd.pics/4575-SW-Dogwood-Ln/idx
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity,Tank
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Water Source:PublicWater
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Fuel Description:Electricity
Appliances
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Appliances:FreeStandingRange
Schools
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Elementary School:Raleigh Park
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Middle Or Junior School:Whitford
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High School:Beaverton
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Driveway
Monthly cost estimate

Asking price
$500,000
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. |
$2,677
|
Taxes | $217 |
Insurance | $137 |
Utilities | $207 See report |
Total | $3,238/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).
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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/12/25
Jun 12, 2025
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Listed / Active | RMLS | $500,000 |

44% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $62k over asking price.