3465 SE 153RD AVE
Portland, OR, 97236 $ 229,000
Bedrooms4 Baths2.0 Sq 1,848 Monthly Estimate*
$ 1,446
for $229,000 with 4 bedrooms and 2 full baths. This 1,848 square foot home was built in 1989 on a lot size of 0.26.
Rare opportunity to secure a spacious .26-acre lot in Southeast Portland with multiple paths to create value. Whether you're looking to renovate the existing home, replace it with a brand-new manufactured home, build a custom residence (subject to approvals), or explore future development potential, this property offers flexibility that's increasingly difficult to find. The existing 1,848 SF manufactured home features 4 bedrooms and 2 bathrooms and is in need of substantial renovation, offering a blank canvas for investors, builders, flippers, or buyers with vision. Preliminary research indicates buyers may be able to purchase, deliver, and install a new 3- or 4-bedroom manufactured home for under $200,000, before site-specific costs, permitting, and buyer-selected upgrades, providing an attractive alternative to renovating the existing structure. Numerous modern floor plans are available ranging from approximately 1,800 to over 2,200 square feet. Ask your broker about available replacement home options and estimated installation costs. Buyer to perform all due diligence regarding zoning, development potential, replacement options, permitting, utilities, and permitted uses. Conveniently located near parks, shopping, schools, dining, and major commuter routes, this is a rare chance to acquire a versatile property with exceptional upside in a growing Southeast Portland location.
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Single Family ActiveStories1,ManufacturedHome
FeaturesInteriorInterior Amenities Laundry VaultedCeiling WalltoWallCarpet
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Stove
Hot Water Electricity
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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GeneralSewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator
Zoning R7
Garage Spaces 2.0
Architectural Style Stories1 ManufacturedHome
Year Built 1989
Stories Count 1
Property Subtype ManufacturedHomeonRealProperty
Tax Year 2025
Parcel Number R334815
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions SE Powell to SE 153rd Ave
High School Centennial
City Portland
Disclosures Exempt
MLS Area _143
Lot Size Square Feet 11325.0
Listing Terms CallListingAgent Cash Conventional
Elementary School Powell Butte
Tax Annual Amount 4776.34
Middle/Junior High School Centennial
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 12 1S 2E TL 5100 0.26 ACRES
ADU False
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ExteriorExterior Amenities Fenced ToolShed Yard
Parking Features Driveway
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Garage Type Detached
Exterior Description WoodSiding
Foundation Details Block
Building Area Total 1848.0
Lot Size Acres 0.26
Road Surface Type Concrete
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* Excluded FeaturesList ByCascade Hasson Sotheby's International RealtyBroker
Mccartangrouphomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,446
- Monthly Property Taxes
- $398
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Portland, OR
Average List Price $761,500
Percent of Sale Price 233%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2406364 Elementary School
1949169 Middle School
Centennial High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/24/2026 | $229,000 | -17.92% | Price Down |
| 8/3/2026 | $279,000 | -5.42% | Price Down |
| 5/22/2026 | $295,000 | | Listed Price |