4 months on rocket

2803 SE 87th Ave, Portland, OR, 97266

$585,000

Home List Price

$6,947*

Closing Credit

4 Bedrooms
3 Full Baths
2,470 SqFt
$237/SqFt
House
Schools Nearby

Location

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2803 SE 87th Ave, Portland$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1927
HeatingBaseboard
CoolingWindow Unit(s)
BasementYes
MLS #23310460
Lot Size0.11 Acres
StatusActive

About 2803 SE 87th Ave

Move in ready! This well-designed duplex feels like two separate homes. Have someone live in the other unit and pay your mortgage for you. Front unit A has 2 bedrooms, 1 bath and a huge finished attic. Back unit (Unit B) has 2 bedrooms and 2 baths. Both Units have their own laundry. Pictures are of Unit B only. Front unit (Unit A) is temporarily occupied. Please do not disturb tenants. Beautiful deck and laminate floor in both units. Large basement is currently used for storage, but could be turned into a third unit for an additional income stream. Plenty of off street parking, close to great shops and restaurants and an easy commute/bike ride to Downtown. Ideal location in between Foster/Powell and Montavilla neighborhoods. Close to Mt Tabor Park, the Jade District, shopping, and restaurants galore. Commuting is easy with quick access to I-205 and the Max.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1927
  • Stories: 2
  • Living Area: 2,470 SqFt

Listing Office:

  • Office Name: Works Real Estate
  • Office Phone: (503) 714-7053
  • Listing Agent: Julian Soler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Basement: Yes
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Wall to Wall Carpet, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Madison High School, Public District Grades 9-12
  • Harrison Park Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: SE 87th Ave, between Division and Powell

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $237/SqFt

Tax Information:

  • Annual Amount: $5,363
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$539.4K

Med. Price/SqFt

$314

Avg. Days On Market

44

# of Sold Homes

611

2803 SE 87th Ave vs Portland

142 DAYS ON ROCKET

+98 Days

$585,000

+$45.5K More

$237/SqFt

-$77 Less

KEY TAKEAWAY

This property is $45.5K more than the Median Sold Price and $77/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23310460

Listing Office:

  • Office Name: Works Real Estate
  • Office Phone: (503) 714-7053
  • Listing Agent: Julian Soler

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 2018Home Sold
$450,000
Jun 17, 2015Home Sold
$304,990
Dec 15, 2014Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,363$209,910
2018$5,013$197,870
2017$4,805$192,110

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2705847
4
/10

  • Harrison Park Elementary School

  • 2225 SE 87th Ave

  • 0.37 miles

  • Public District Grades KG-8

High School

school-card-donut-2705848
4
/10

  • Madison High School

  • 2735 NE 82nd Ave

  • 2.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,392. The majority of Portland, OR residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2803 SE 87th Ave

What is the listing price of this property?

The listing price of 2803 SE 87th Ave property is $585,000.

What type of property is this?

The property 2803 SE 87th Ave is a house located in Portland, Oregon, 97266.

Is this property for sale now?

Active Listing: 2803 SE 87th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2803 SE 87th Ave are:
Harrison Park Elementary School: GreatSchools Rating 4/10
Madison High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,363 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 27, 2018 for $450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2803 SE 87th Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2803 SE 87th Ave is 2,470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2803 SE 87th Ave is 1927.

Rocket Homes›Oregon›Multnomah County›Portland›97266›2803 SE 87th Ave

This home is located at 2803 SE 87th Ave in Portland, OR and zip code 97266 in the Southeast Portland neighborhood. This 2,470 square foot home, which was built in 1927, sits on a 0.11 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $585,000.

In March 2024, from all listings sold in Portland, OR there were more than 245 sold above asking price, over 217 sold below and more than 149 were sold right at the asked price. Between February 2024 and March 2024, Portland, OR real estate market has seen increase in the number of listings by 8%. The median list price of listings available in March 2024 was $539,441, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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