Pending

$225000

Price cut: $25K (06-11-2025)

2 Bed
1 Bath
880 SqFt
64 DOM
Built: 1951
Status: Pending

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Incredible Development Opportunity – Prime Location with Endless Potential! Discover this rare investment gem – a large, fully fenced property located at the end of a quiet dead-end street, offering both privacy and convenience. While the existing home was damaged by fire, the true value lies in the expansive, potentially subdividable lot, as confirmed by the seller. The city has provided valuable property information – be sure to check the attachment!Whether you're an investor, developer, or visionary homeowner, this lot presents huge possibilities: build multiple duplexes or multi-family units, remodel and restore the current structure, or enjoy a spacious yard with plenty of room for summer fun, entertaining, or even RV parking. The location is unbeatable — easy freeway access and close proximity to public transportation make it ideal for commuters and renters alike.Buyers are encouraged to perform their own due diligence. Don’t miss out on this versatile property with enormous upside potential!

Listing Provided Courtesy of Vladimir Zaharchook, MORE Realty

General Information

MLS #147854653
TypeSingleFamilyResidence
Days on Market 64 DOM
Beds2
Lot Size 8276.4 SqFt
Baths1
SqFt880
Year built1951
Zoning
CountyMultnomah
Tax IDR335594
ElemEarl Boyles
MiddleRon Russell
HighDavid Douglas
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)SECTION 15 1S 2E, TL 900 0.19 ACRES

Listing Provided Courtesy of Vladimir Zaharchook, MORE Realty

Mohan Realty Group data last checked: Jul 18, 2025 01:24 | Listing last modified Jul 17, 2025 12:19, Source:

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Residence Information

Upper SqFt0
Main SqFt880
Lower SqFt0
Total SqFt880
SFSrctax rec
TotUp/Mn880
Fireplaces
Bdrms2
Full Bath1
Partial Bath0
Total Bath1
Roof
Garage
StyleStories1,Ranch
ParkingOffStreet
Levels1
Year Built1951
Green CertNo
Energy Eff
ExteriorLapSiding
Bsmt/FndCrawlSpace
RV
URM
BasementCrawlSpace
FoundationConcretePerimeter
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolNone
Water
HeatNone
SewerPublicSewer
Hot Water
FuelNone

Financial

PTax/Yr3285
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Rehab
List Date05-14-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date07-17-2025
DOM 64
CDOM 64
Sold Date
TermsCash,Rehab
Original Price$250,000
List Price$225,000
Sold Price
Last ModifiedJul 17, 2025 12:19

Schools

Elementary : Earl Boyles N/A Ratings

Middle : Ron Russell N/A Ratings

High : David Douglas N/A Ratings

Map

Listing courtesy of MORE Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 18, 2025 01:24 | Listing last modified Jul 17, 2025 12:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

5580 SE 120TH AVE