11324 NE SANDY BLVD Portland, OR $ 2,800,000
11324 NE SANDY BLVD
$ 2,800,000
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11324 NE SANDY BLVD

Portland, OR, 97220
$ 2,800,000
Baths0.0

Monthly Estimate*

$ 17,240

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Studio

Lots and Land for sale in Portland, OR

for $2,800,000. The lot size is 0.71.

Exceptional 24-Unit Income-Producing Motel on NE Sandy BlvdPrime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income.The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request.Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation.With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence.

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Lots and Land Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,604

Style

MixedUse

Lot Size

0.71

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

586326525

Features
General
Utilities CableConnected ElectricityConnected NaturalGasAvailable PhoneConnected SewerConnected WaterConnected
Zoning CE
Property Subtype MixedUse
Current Use Commercial MultiFamily
Parcel Number R235624
County Multnomah
Property Type Land
HOA N
Other Structures Commercial Driveway Residence Sidewalk
Status Active
Directions NE Sandy south side between NE 112th and NE 115th. Horseshoe Inn Motel sign.
High School Parkrose
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 30927.0
Listing Terms Cash
Elementary School Prescott
Tax Annual Amount 21604.54
Middle/Junior High School Parkrose
Virtual Tour https://www.horseshoeinnmotelpdx.com/
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARKROSE & RPLT BLOCK 65 LOT A&B
ADU False
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Exterior
Lot Features OnBusline PublicRoad
Lot Dimensions 238ft x 131 ft
Lot Size Acres 0.71
Road Surface Type Paved
Number of Lots 1
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Internal Only
Street Number 1 11324
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* Excluded Features
List By
Keller Williams Realty Professionals

Broker

john@hatchhomes.com

Email

Affordability Calculator

$19,040
Per Month
91%
9%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$1,800
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949353 Elementary School
1950293 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$2,800,000 Listed Price

Map


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11324 NE SANDY BLVD, Portland, OR, 97220 is a Lots and Land for sale at $2,800,000 with a lot size of 0.71. 11324 NE SANDY BLVD is a studio with 0.0 baths. The property's zip code is 97220 which is in Portland, OR