8720 SW Katherine Ln Unit A
Portland, OR 97225
- 6 beds
- 2 baths
- 3,000 sqft
- ~5 acre lot
- $1,200 per sqft
- 1954 build
- – on site
A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti’s Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm.• Sasquatch Tiny Treehouse (Pictures 35-41) – A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water!• Bigfoot Glamping Treehouse (Pictures 43-47) – A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
Last checked:
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Last updated May 2, 2025
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MLS# 637290151 —
The Building
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Year Built:1954
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New Construction:false
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Architectural Style:DaylightRanch
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Roof:Rubber
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Stories:2
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Basement:Daylight,Finished,FullBasement
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Foundation Details:ConcretePerimeter
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Exterior Description:WoodSiding
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Window Features:DoublePaneWindows
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Unit Number:A
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Building Area Description:Tax
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Building Area Total:3000.0
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Building Area Calculated:1500
Interior
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Interior Features:HardwoodFloors, Quartz, WasherDryer, WoodFloors
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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:1500
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Lower Level Area Total:1500
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:SW Gayle Ln and SW Katheryn Ln.
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Latitude:45.504832
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Longitude:-122.767261
The Property
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Parcel Number:R67625
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Parcel Number 2:R67616
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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:Hilly, Stream, Trees, Wooded
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Lot Size Range:Acres3to5
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Lot Size Acres:4.51
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Lot Size SqFt:196455.0
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Zoning:R5
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View:true
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View Description:CreekStream, TreesWoods, Valley
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Waterfront:true
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Waterfront Features:Creek
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Water Body Name:Golf Creek
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Property Attached:false
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Road Surface Type:Gravel
Listing Agent
- Contact info:
- Agent phone:
- (503) 380-8492
- Office phone:
- (503) 546-9955
Taxes
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Tax Legal Description:4.51 Acres
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Tax Annual Amount:14580.56
Beds
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Bedrooms Total:6
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:1.0
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Total Baths Lower Level:1.0
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Full Baths Main Level:1
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Full Baths Lower Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir,HeatPump
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas
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Water Source:PublicWater
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Fuel Description:Gas, WoodBurning
Appliances
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Appliances:Dishwasher, FreeStandingRange, GasAppliances, Microwave, Quartz
Schools
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Elementary School:Ridgewood
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Middle Or Junior School:Cedar Park
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High School:Beaverton
The Community
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Subdivision Name:WEST SLOPE
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:2.0
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Parking Total:2.0
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RV Parking:RVParking
Monthly cost estimate

Asking price
$3,600,000
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. |
$19,276
|
Taxes | $1,215 |
Insurance | $990 |
Utilities | $206 See report |
Total | $21,687/mo.* |
*This is an estimate |
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 |
---|---|---|---|---|
5/1/25
May 1, 2025
|
Listed / Active | RMLS | $3,600,000 |