227 SE 129th Ave

Portland, OR 97233
  • $439,900

    Price
  • 3

    Bed
  • 1

    Bath
  • 1,323

    SqFt

About the Listing KRER01 - JAMESKYL,MAOALIS

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

Listing Highlights

Status Active
Days on Site 23
Property Type Residential
MLS ® 281974290
Year Built 1954
Total Square Footage 1,323
Lot/Acreage 0.35
County Multnomah
Elementary School Menlo Park
Middle School Floyd Light
High School David Douglas

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances: Dishwasher, Free-Standing Range
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces: 1, Pellet Stove
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other: Hardwood Floors,Master on Main
  • Water: Public Water

Exterior Details

  • Lot Description: Level,Light Rail,On Busline
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Zoning: R5
  • Roof: Composition
  • Others: Fenced,Yard,Resale
  • Sewer: Public Sewer
  • Parking Features: Attached,Converted,Driveway

Financial Details

  • Tax Amount: $5,152
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R159612
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

227 SE 129th Ave Portland, OR 97233

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Regional Multiple Listing Service, Inc.

Agent profile image in chat bubble
Agent profile image in chat header

KWES Leader

| Keller Williams Eugene Springfield

Agent profile image in message

or another way