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$649,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,352 Sq. Ft.
  • Updated 12 hours ago
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Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team - opportunities like this are limited. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232725]

Full Property Details for 425 NE 146th Ave

General

  • Price: $649,900
  • Taxes: $4,850 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 342236782
  • Updated: 2/21/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Hardwood Floors, Vaulted Ceiling(s), Wall to Wall Carpet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Insert
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Upper

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Exterior

  • Exterior Features: Workshop, Yard

Parking

  • Garage: Yes
  • Total Spaces: 1

Location

  • County: Multnomah
  • Driving Directions: NE 146th & Glisan

School Information

  • Elementary School: Glenfair
  • Middle School: H.B. Lee
  • High School: Reynolds

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story
  • Roof: Composition
  • Windows: Wood Frames
  • Stories/Levels: 1
  • Square Feet: 1,352
  • Year Built: 1948
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.6
  • Lot Size (Sq. Ft.): 26,136
  • Lot Size: 20, 000 SqFt to .99 Acres

Green Features

  • Green Certified: Yes

Financial Considerations

  • Tax Amount: $4,850.61
  • Tax Year: 2025
  • Terms: Cash, Rehab

Disclosures and Reports

  • Legal Description: ASCOT AC, LOT 197&198 TL 4800
  • Disclosures/Reports: Disclosure
  • Property ID: R109695

Listed by Handris Realty Co. (503) 657-1094, Spenser Beck (360) 713-7580

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Listing agent

— 425 NE 146th Ave —

  • Spenser Beck

    Handris Realty Co.

    503-657-1094

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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!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

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

Schools serving 425 NE 146th Ave

School District:Reynolds School District 7
NameGradesDistance
Glenfair Elementary School
15300 Northeast Glisan Street, Portland, OR 97230
K-50.4 mi
Hauton B Lee Middle School
1121 Northeast 172nd Avenue, Portland, OR 97230
6-81.3 mi
Reynolds High School
1698 Southwest Cherry Park Road, Troutdale, OR 97060
9-125.4 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 425 NE 146th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$649,900
90.03%
MLS
1/23/2025
Sold
$342,000
—
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 425 NE 146th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,851
5%
$207,390
3%
2024
$4,604
4%
$201,350
3%
2023
$4,425
3%
$195,490
6%
2021
$4,301
-1%
$184,280
-3%
2022
$4,358
1%
$189,800
6%
2021
$4,301
13%
$178,920
3%
2019
$3,799
4%
$173,710
3%
2018
$3,651
4%
$168,660
3%
2017
$3,521
5%
$163,750
3%
2016
$3,357
3%
$158,990
3%
2015
$3,266
3%
$154,360
3%
2014
$3,180
14%
$149,870
3%
2013
$2,783
—
$145,510
—
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 Handris Realty Co. (503) 657-1094, Spenser Beck (360) 713-7580

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425 NE 146th Ave, Portland, OR 97230 (MLS# 342236782) is a Single Family property with 3 bedrooms and 1 full bathroom. 425 NE 146th Ave is currently listed for $649,900 and was received on February 20, 2026. Want to learn more about 425 NE 146th Ave? Do you have questions about finding other Single Family real estate for sale in Eastmoreland? You can browse all Eastmoreland real estate or contact a Coldwell Banker agent to request more information.

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