RealtyLens
for saleRealtyLens property overview
$749,900

2803 SE 87th Ave

Portland, OR, 97266
View more Portland, OR property pages
4Beds
3Baths
2,470Sqft
$304$/sqft

Listing Notes

SELLER OPEN TO ENTERTAINING ALL OFFERS. Great opportunity for owner-occupants or investors alike-live in one unit while generating income from the other. Designed with privacy in mind, the units share minimal common walls and each offers its own deck, in-unit laundry, and off-street parking. The property also includes a full basement with a separate exterior entrance, offering flexibility for shared use or the possibility of future finishing for additional living space or an ADU (buyer to verify). Unit A is move-in ready and approximately 840 square feet. It features LVP flooring, a comfortable living area with French doors opening to a private deck, a kitchen equipped with stainless steel appliances, a dining space, two bedrooms, one bathroom, and a finished attic storage area with drop-down access. Unit B, located toward the rear of the home, spans approximately 1,210 square feet across two levels. The main floor includes LVP flooring, a cozy living room with access to a private deck through French doors, a kitchen with stainless steel appliances, and a dining area. Upstairs, you'll find two bedrooms and two full bathrooms.

Market Insights

Above nearby median+8.6%

$304/sqft vs a nearby median of $280/sqft.

Nearby median$280/sqft
Nearby properties6
Property size2,470 sqft
  • +8.6% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,470 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$709k$640k$778k · 42% confidence
vs ask $750k+$41k (+5.5%)

Asking price is about 5.5% above where comps + adjustments land — there is room to negotiate.

$280/sqft median across 5 tight comps × 2,470 sqft= $692k
  • Pre-war character+$17k +2.5%
Cumulative NYC adjustments+$17k+2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+8.6% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
6 photos
Property type
single family
Status
for sale
Last sold
Aug 15, 2023 · $520,000

Features & Amenities

Outdoor SpaceDishwasherTwo Or More StoriesBasement

Price History

May 8, 2026Initial record
$749,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.