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$435,000
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Property Description
Welcome to the this one-level updated property on 0.25 acres offering flexibility for multigenerational living, work-from-home needs, or creative use. The main home includes two bedrooms and a living/dining area with hardwood floors throughout. A door off the kitchen leads to a spacious utility area and onto a converted garage that could be used for work from home, extra guestroom or as a recreation area/gym. A non-permitted ADU with its own driveway and entrance adds further flexibility. It includes 2 bedrooms, full kitchen and bathroom. Additional features include a newer roof, RV parking, a fenced yard, 2 tool sheds, and a large covered back patio. Easy access to transit, shopping, and schools.
Full Property Details
Full Property Details for 1245 NE 118th Ave
General
- Sold For: $435,000
- Taxes: $6,031 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 671018448
- Added to Site: 115 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Parking
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Subdivision: HAZELWOOD
- Driving Directions: Glisan - north on 118th
School Information
- Midd School District: Floyd Light
- Elementary School: Ventura Park
- Middle School: Floyd Light
- High School: David Douglas
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space, Exterior Entry
- Roof: Composition
- Year Built: 1952
Lot Features
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $13,850
- Tax Amount: $6,031.12
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: R154526
Listed and Sold by RE/MAX Equity Group (503) 635-2660, Stephen Campbell (805) 886-2290
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Schools
Schools serving 1245 NE 118th Ave
School District:David Douglas School District 40
| Name | Grades | Distance |
|---|---|---|
Ventura Park Elementary School 145 Southeast 117th Avenue, Portland, OR 97216 | PK-5 | 0.8 mi |
Floyd Light Middle School 10800 Southeast Washington Street, Portland, OR 97216 | 6-8 | 1.1 mi |
David Douglas High School 1001 Southeast 135th Avenue, Portland, OR 97233 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1245 NE 118th Ave
Date
Details
Price
Change
Source
1/13/2026
Sold
$435,000
-7.45%
MLS
10/23/2025
Price Reduced
$470,000
-4.08%
MLS
9/25/2025
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1245 NE 118th Ave, Portland, OR 97220 (MLS# 671018448) is a Multi-Family property that was sold at $435,000 on January 13, 2026. Want to learn more about 1245 NE 118th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

