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11324 NE Sandy Blvd, Portland, OR 97220 — photograph 1

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11324 NE Sandy Blvd, Portland, OR 97220 — photograph 1
0.71 Acres

11324 NE Sandy Blvd, Portland

$2,700,000

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ActiveMLS®: 586326525Listing held by another brokerage, marked RMLS
Lot size
30,928 sqft
Property type
Land
Days on market
155

Overview

Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
30,928 sqft
Lot features
On Busline, Public Road
View
No

Schools

High school
Parkrose
Middle school
Parkrose
Elementary school
Prescott

Location

City
Portland
County
Multnomah
Zoning
CE

Taxes and dues

Annual taxes
$21,605

Location

11324 NE Sandy Blvd, Portland, OR 97220

Map showing the location of 11324 NE Sandy Blvd, Portland, OR 97220
© Mapbox © OpenStreetMap

Monthly payment estimate

$16,171 /mo

20% · $540,000
7.00%
Principal and interest
$14,371
Property tax
$1,800
Total
$16,171

Estimate only, and not an offer of credit. Assumes 20% down ($540,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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