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3234 SE 87th Ave, Portland, OR 97266 — photograph 1

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3234 SE 87th Ave, Portland, OR 97266 — photograph 1
2 Beds1 Bath2,116 sqft

3234 SE 87th Ave, Portland

$786,000

Save
ActiveMLS®: 750095883Listing held by another brokerage, marked RMLS
Price per sqft
$371.46
Built in
1925
Property size
2,116 sqft
Lot size
30,492 sqft
Property type
Residential
Days on market
10

Overview

Unique opportunity on approximately 0.69 acre in SE Portland! The property features an existing main residence plus a detached ADU, both currently tenant occupied and providing rental income. The basement offers additional space with potential for further development. The approximately 0.69-acre RM1-zoned site offers potential for future development or redevelopment. Adjacent property at 3206 SE 87th Ave is also available for sale, offering an opportunity to create a larger, more regularly configured development site. Conveniently located near SE Powell Blvd with easy access to shopping, transit, and major routes. Buyer to verify zoning, development potential, square footage, ADU information, and all property details.

Details

Interior

Interior features
Accessory Dwelling Unit, Laminate Flooring, Tile Floor
Appliances
Free Standing Range, Free Standing Refrigerator
Cooling
No
Heating
Yes
Heating description
Forced Air

Exterior and lot

Lot size
30,492 sqft
Exterior features
Accessory Dwelling Unit, Fenced, Porch, Yard
Lot features
Brush, Level
Architectural style
Two Stories, Bungalow
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
Driveway
Total parking
0

Schools

High school
Leodis McDaniel
Middle school
Harrison Park
Elementary school
Clark

Location

City
Portland
County
Multnomah

Taxes and dues

Annual taxes
$8,348 (2025)

Location

3234 SE 87th Ave, Portland, OR 97266

Map showing the location of 3234 SE 87th Ave, Portland, OR 97266
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,879 /mo

20% · $157,200
7.00%
Principal and interest
$4,183
Property tax (2025)
$696
Total
$4,879

Estimate only, and not an offer of credit. Assumes 20% down ($157,200) 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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