8720 SW KATHERINE LN Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97225
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision West Slope
MLS Listing ID 192718413
Year Built 1954
Annual Tax Amount $14,580
Tax Year 2023
Lot Size 4.510 Acres
Property Description
A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti's Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm.• Sasquatch Tiny Treehouse (Pictures 35-41) – A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water!• Bigfoot Glamping Treehouse (Pictures 43-47) – A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
Location
State OR
County Washington
Community Centralair,Frontyardlandscaping,Spahottub
Area _148
Zoning R5
Rooms
Basement Daylight
Interior
Heating Forced Air, Wall Heater
Cooling Central Air
Exterior
Garage Spaces 2.0
Community Features CentralAir,FrontYardLandscaping,SpaHotTub
Waterfront Description Creek
View Creek Stream, Trees Woods, Valley
Roof Type Rubber
Garage No
Building
Lot Description Hilly, Stream, Trees, Wooded
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Ridgewood
Middle Schools Cedar Park
High Schools Beaverton
Others
Acceptable Financing Cash,Conventional,OwnerWillCarry
Listing Terms Cash,Conventional,OwnerWillCarry