8720 Sw KATHERINE Ln, Portland, OR 97225
Multi-Family Home 
Built in 1954 
4.51acre lot
2 car garage 
$——/sqft 
Listed 2 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- March 19, 2025 at 05:00AM
- Listing Office:
- Keller Williams Realty Professionals : 503-546-9955
- Listing Agent:
- Adrian Wild : 503-380-8492
- MLS ID:
- 192718413
- Basement: Daylight
- A/C: Central air
- Heating: Forced airWood stove
This listing courtesy of Adrian Wild, Keller Williams Realty Professionals
Location
Schools Nearby
Ridgewood Elementary School
10100 SW Inglewood St, Portland, OR, 97225
Grades KG-5
0.65 miles away
Cedar Park Middle School
11100 SW Park Way, Portland, OR, 97225
Grades 6-8
1.17 miles away
Beaverton High School
13000 SW 2nd St, Beaverton, OR, 97005
Grades 9-12
2.48 miles away
