$195,000

3015 Se 87TH Ave, Portland, OR 97266

Land
Built in ——
8,712sqft lot
—— car garage
$——/sqft
Listed 10 days ago

Property Description

Rare redevelopment opportunity on an 8,736 sq ft RM1-zoned lot. The existing structure suffered severe fire damage and is NOT SAFE TO ENTER, and the property is sold as-is for land value. Potential to rebuild the home or pursue multi-unit/infill development. Buyer to perform due diligence on all zoning and redevelopment options.

Listing Status:: Pending
Date Added:: November 21, 2025 at 06:00AM
Listing Office:: Kelly Right Real Estate of Portland, LLC : 503-719-6056
Listing Agent:: Dmitry Shmelev : 971-331-6457
MLS ID:: 647397960

General: FixerNo valueTo be torn down

Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: RM1JOHNSTON ACBLOCK 5S 48.33' OF LOT 1R193436

Utilities: See remarks

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Dmitry Shmelev, Kelly Right Real Estate of Portland, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Creative Science K-8 School @Clark

1231 SE 92nd Ave, Portland, OR, 97216

Grades KG-8

0.95 miles away

Harrison Park Middle School

2225 SE 87th Ave, Portland, OR, 97216

Grades 6-8

0.46 miles away

Leodis V. McDaniel High School

3905 SE 91st Ave, Portland, OR, 97266

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.