227 SE 129TH AVE, Portland, OR 97233

$439,900
3
BD
1
BA
1,323
SqFt

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List Price
$439,900
Days on Market
32
Status
ACTIVE
MLS#
281974290
Rent
1950
Bedrooms
3
Bathrooms
1
Living Area
1,323
Lot Size
15, 000 to 19, 999 SqFt
Region
Portland Southeast

Property Description

Currently used as a rental. Rare East Portland Opportunity on an Expansive Lot! Situated on approximately 0.35 acres, 227 SE 129th Ave presents a unique opportunity for homeowners, investors, and developers alike. The existing single-level home offers approximately 1,323 sq. ft. of living space with a functional layout, hardwood floors, a spacious living room featuring a pellet stove, kitchen, utility area, and attached 2-car garage. The level, fully fenced lot is a standout feature, offering abundant space for outdoor living, gardening, recreation, expansion, or exploring future development possibilities. With multi-dwelling zoning potential, this property offers flexibility and long-term upside that is increasingly difficult to find on a parcel of this size in Portland. Conveniently located in East Portland with easy access to public transportation, shopping, dining, parks, and major eastside corridors. Whether you're looking to create your next home, add value through improvements, or explore the development potential of a large residential parcel, this property is worth a closer look. Bring your vision and unlock the possibilities at 227 SE 129th Ave! Buyer to perform all due diligence regarding zoning, development potential, permitted uses, and applicable requirements with the City of Portland.Renters are month to month.Home Energy Score: HES = 2 https://us.greenbuildingregistry.com/green-homes/OR10183260

Additional Information

Tax Amount
$5,152
Year Built
1954
High School
David Douglas
Elementary School
Menlo Park
Middle School
Floyd Light
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached, Converted
Acres
0.35
Living Area
1,323
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Ground Level, Main Floor Bedroom w/Bath, One Level
Master Bedroom Level
Main
Fireplace Description
Pellet Stove
Fuel Description
Oil
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Block
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Ranch
Parking
Driveway
Parking Description
Driveway
Road Surface
Concrete, Paved
Exterior Features
Fenced, Yard
Interior Features
Hardwood Floors
Kitchen Appliances
Dishwasher, Free-Standing Range

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