Portland, OR 97225,8720 SW KATHERINE LN
Portland, OR 97225,8720 SW KATHERINE LN
Portland, OR 97225,8720 SW KATHERINE LN
48
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Listed by Keller Williams Realty Professionals
$3,600,000
Est. payment /mo
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4.51 Acres Lot
Active

8720 SW KATHERINE LN Portland, OR 97225

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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 $1,330,000. 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


Regional Multiple Listing Service (RMLS)

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agent

Randy Byrd

Broker | License ID: 201235026

+1(541) 570-5777

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8720 SW KATHERINE LN