2608 SE 141ST AVEPortland, OR 97236
This single-family home is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.The home is currently leased and situated on a 12,197± sq. ft. lot that shares access with Auction Property #112. Zoned RM2, the site allows for a 3- to 4-story building with a minimum density of one unit per 2,000 sq. ft., permitting up to six units, with potential for increased density subject to City of Portland approval. Projected 2026 gross income is $18,480. The tenant has occupied the home for over four years. Real estate taxes are $3,844, and the landlord covers trash service.This property offers a unique opportunity to secure in-place income with significant future development potential in Southeast Portland.
- Property Type:
Residential
- Architectural Style:
Stories1, Ranch
- Bedrooms:
3
- Bathrooms:
2
- Dwelling Size:
1,140 Square Feet
- Lot Size:
0.28 Acres
- Lot Description:
- Stories:
1
- Year Built:
1976
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces: 1
Features: Driveway
- Area:
_143
- Views:
Territorial
- Schools:
High School(s): David Douglas
Middle School(s): Ron Russell
Elementary School(s): Lincoln Park
- HOA:
- Senior Community:
- Heating:
ForcedAir
- Cooling:
- Appliances:
- Fireplace:
Fireplace(s): 1
Features:
- Accessibility:
- Security Features:
- Foundation:
ConcretePerimeter
- Roof:
Composition