Rare redevelopment opportunity on an 8,736 sq ft RM1-zoned lot. The existing structure suffered severe fire damage and is NOT SAFE TO ENTER, and the property is sold as-is for land value. Potential to rebuild the home or pursue multi-unit/infill development. Buyer to perform due diligence on all zoning and redevelopment options.
Sold
$160,000
3015 SE 87th Ave, Portland, OR 97266
--beds
0baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,380 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,380/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 05:51am
Listed by:
Dmitry Shmelev 971-331-6457,
Kelly Right Real Estate of Portland, LLC
Bought with:
Darryl Bodle, 199910100
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 647397960
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | $160,000-17.9% |
Source:  RMLS (OR) #647397960 | ||
| 11/24/2025 | Pending sale | $195,000 |
Source: RMLS (OR) #647397960 | ||
| 11/21/2025 | Listed for sale | $195,000 |
Source: RMLS (OR) #647397960 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,707 +3.7% | $137,570 +3% |
| 2024 | $3,574 +4% | $133,570 +3% |
| 2023 | $3,436 +2.2% | $129,680 +3% |
Find assessor info on the county website
Neighborhood: Powellhurst Gilbert
Nearby schools
GreatSchools rating
- 9/10Harrison Park SchoolGrades: K-8Distance: 0.5 mi
- 4/10Leodis V. McDaniel High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Clark
- Middle: Harrison Park
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.