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$439,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,323 Sq. Ft.
  • Updated 14 hours ago
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Currently used as a rental. Rare East Portland Opportunity on an Expansive Lot! Situated on approximately 0.35 acres, 227 SE 129th Ave presents a unique opportunity for homeowners, investors, and developers alike. The existing single-level home offers approximately 1,323 sq. ft. of living space with a functional layout, hardwood floors, a spacious living room featuring a pellet stove, kitchen, utility area, and attached 2-car garage. The level, fully fenced lot is a standout feature, offering abundant space for outdoor living, gardening, recreation, expansion, or exploring future development possibilities. With multi-dwelling zoning potential, this property offers flexibility and long-term upside that is increasingly difficult to find on a parcel of this size in Portland. Conveniently located in East Portland with easy access to public transportation, shopping, dining, parks, and major eastside corridors. Whether you're looking to create your next home, add value through improvements, or explore the development potential of a large residential parcel, this property is worth a closer look. Bring your vision and unlock the possibilities at 227 SE 129th Ave! Buyer to perform all due diligence regarding zoning, development potential, permitted uses, and applicable requirements with the City of Portland.Renters are month to month.Home Energy Score: HES = 2 https://us.greenbuildingregistry.com/green-homes/OR10183260

Full Property Details for 227 SE 129th Ave

General

  • Price: $439,900
  • Taxes: $5,152 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 281974290
  • Updated: 8/22/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: Hardwood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Pellet Stove
  • Appliances: Dishwasher, Free-Standing Range

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 12 x 11, Main, 132 Sq. Ft.
  • Bedroom 2: 12 x 11, Main, 132 Sq. Ft.

Other Rooms

  • Living Room: 20 x 13, Main, 260 Sq. Ft.
  • Kitchen: Main
  • Dining Room: 12 x 10, Main, 120 Sq. Ft.

Exterior

  • Exterior Features: Fenced, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway

Location

  • County: Multnomah
  • Driving Directions: SE 129th, between Burnside and Stark

School Information

  • Elementary School: Menlo Park
  • Middle School: Floyd Light
  • High School: David Douglas

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Oil

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Ranch
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,323
  • Year Built: 1954
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Lot Size: 15, 000 to 19, 999 SqFt
  • Frontage: Concrete, Paved
  • Lot Features: Level, Light Rail, On Busline

Financial Considerations

  • Tax Amount: $5,152.16
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: FAIR AC, N 60' OF LOT 17 EXC PT IN ST & S 18' OF LOT 18 EXC PT IN
  • Disclosures/Reports: Disclosure
  • Property ID: R159612

Listed by Knipe Realty ERA Powered (503) 445-7660, Kyle James (971) 285-6028 and Knipe Realty ERA Powered (503) 445-7660, Alis Mao (503) 888-7898

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Listing agents

— 227 SE 129th Ave —

  • Kyle James

    Knipe Realty ERA Powered

    503-445-7660

  • Alis Mao

    Knipe Realty ERA Powered

    503-445-7660

971-285-6028

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 227 SE 129th Ave

School District:David Douglas School District 40
NameGradesDistance
Menlo Park Elementary School
12900 Northeast Glisan Street, Portland, OR 97230
PK-50.3 mi
Floyd Light Middle School
10800 Southeast Washington Street, Portland, OR 97216
6-81 mi
David Douglas High School
1001 Southeast 135th Avenue, Portland, OR 97233
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 SE 129th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/10/2026
Listed
$439,900
75.96%
MLS
3/29/2018
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 227 SE 129th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,152
4%
$213,070
3%
2024
$4,935
5%
$206,870
3%
2023
$4,721
7%
$200,850
6%
2021
$4,401
-2%
$189,330
-3%
2022
$4,475
2%
$195,000
6%
2021
$4,401
14%
$183,820
3%
2019
$3,860
3%
$178,470
3%
2018
$3,742
4%
$173,280
3%
2017
$3,604
3%
$168,240
3%
2016
$3,509
3%
$163,340
3%
2015
$3,398
9%
$158,590
3%
2014
$3,107
19%
$153,980
3%
2013
$2,620
—
$149,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Knipe Realty ERA Powered (503) 445-7660, Kyle James (971) 285-6028 and Knipe Realty ERA Powered (503) 445-7660, Alis Mao (503) 888-7898

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227 SE 129th Ave, Portland, OR 97233 (MLS# 281974290) is a Single Family property with 3 bedrooms and 1 full bathroom. 227 SE 129th Ave is currently listed for $439,900 and was received on August 10, 2026. Want to learn more about 227 SE 129th Ave? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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