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Listed by Oregon First, Rachel Sheller. (503) 380-9634

MLS Source logo

110 NE 157TH AVEPortland, OR 97035

Active
$512,500
0.38 Acres

PRICE REDUCED – DEVELOP, BUILD, OR HOLD!Rare opportunity for builders, developers, investors, and contractors. Three adjoining tax lots totaling approximately 0.38 acres (0.16, 0.13, and 0.09 acres; taxes include all three lots). The existing home sits on one lot, while the other two may offer future development potential. Build on two parcels while generating income from or occupying the existing home. Buyer to perform all due diligence regarding buildability, development potential, utilities, and intended use.The well-maintained home offers immediate value and flexibility. Live in it, rent it out, or utilize it while pursuing development plans. Natural light fills the spacious floor plan featuring durable laminate flooring, 4 bedrooms, and 2 full bathrooms. A separate exterior entrance to the lower level adds flexibility for multi-generational living, guest quarters, or possible rental income (buyer to verify).The lower level includes a large family room, two generous bedrooms, remodeled bathroom, laundry area, and extra storage. A premium solar panel system will be paid off at closing with a full-price offer, providing long-term energy savings. All kitchen appliances are included.Outside, enjoy ample space for equipment storage, RV parking, staging, or future development. Property features a firepit, unique outdoor stage platform, large outbuilding, and substantial open space rarely found within city limits.Conveniently located just 0.3 miles from Glenfair Elementary and minutes from shopping, dining, and major commuter routes, this property combines today's livability with tomorrow's possibilities.Whether you're seeking your next development project, a long-term investment, or a property with multiple paths to value, this is an opportunity you won't want to miss.


FACTS & FEATURES

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    High School(s): Reynolds
    Middle School(s): H.B. Lee
    Elementary School(s): Glenfair
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LOCATION


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Listing Office: Oregon First. Listing Agent: Rachel Sheller. Listing ID: 684644048

Last Updated June 19, 2026 9:06 AM
Data last checked against RMLS on June 22, 2026 12:53 AM

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Harcourts are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. All information is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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