701 NE 194TH AVE Portland, OR $ 700,000
701 NE 194TH AVE
$ 700,000
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701 NE 194TH AVE

Portland, OR, 97230
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,310

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Studio

Lots and Land for sale in Portland, OR

for $700,000. The lot size is 0.65.

Space, flexibility, and future potential—all on a quiet, wooded 0.65-acre lot. This well-maintained home offers 2,958 square feet with fresh interior paint and basement carpet, updated systems, and three wood-burning fireplaces. The main level includes four bedrooms, 2.5 baths, a full kitchen, and comfortable living and dining areas, plus an attached oversized 2-car garage. The full basement extends the living space with two additional bedrooms, a full bath, a second kitchen, and generous living and dining areas. It flows naturally from the main home while offering flexibility for a variety of living arrangements, workspace, or potential for more separation if desired. A separate exterior entrance adds to the functionality. Previously licensed as a Care Home, the property includes the upgrades and infrastructure already in place for that use. The layout and lot size may also lend themselves to other opportunities, including shared living, in home daycare, or rental potential. Live in one level and rent out or run your business out of the other.Zoned LDR-5, the flat and usable 0.65-acre lot has been identified as having potential for a three-lot developer split. A developer packet is available upon request. A rare combination of space, versatility, and opportunity in a peaceful setting. Buyer to perform due diligence regarding all potential uses, development, zoning, and permitting.

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Lots and Land Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,739

Style

SingleFamilyResidence

Lot Size

0.65

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

420913293

Features
General
Utilities ElectricityConnected NaturalGasConnected SewerConnected UndergroundUtilities WaterConnected
Zoning LDR5
Property Subtype SingleFamilyResidence
Current Use Residential
Parcel Number R241201
County Multnomah
Property Type Land
HOA N
Other Structures Driveway Residence
Status Active
Directions From NE Glisan St north on 194th Ave
High School Reynolds
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 28314.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Salish Pond
Tax Annual Amount 6739.27
Middle/Junior High School Reynolds
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PEAKE BROS HOME AC LOT 102
ADU False
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Exterior
Lot Features Private Secluded Trees Wooded
Lot Size Acres 0.65
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Proud Realty Llc

Broker

404-824-4432

Contact

Affordability Calculator

$4,872
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$562
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
1949489 Elementary School
1948918 Middle School
Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$700,000 Listed Price

Map


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701 NE 194TH AVE, Portland, OR, 97230 is a Lots and Land for sale at $700,000 with a lot size of 0.65. 701 NE 194TH AVE is a studio with 0.0 baths. The property's zip code is 97230 which is in Portland, OR