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$200,000

  • Sold
  • Sold
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,484 Sq. Ft.
See This Home
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See This Home
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Builders, developers, and investors - rare fixer opportunity on a 50' x 100' corner lot zoned RM1h in the Parkrose School District. Development potential includes multi-dwelling housing (1-3 stories, up to 35 feet), with no maximum density or parking requirements. Other potential uses include a duplex, triplex, fourplex, rowhouses, or courtyard housing. Buyers to complete their due diligence with the city for their intended use. Offered for the first time in nearly 30 years, this property has seat vacant for approximately three years. This property will not finance; the property is being sold strictly as-is. The furnace is non-operable, above-ground oil tank is located in the yard and detached double car garage. CAUTION: Exterior steps leading to the front door. Conveniently located with easy freeway access and close proximity to PDX Airport, Cascade Station, Costco, bus line, Sumner transit station, fire and rescue station, and 82nd Avenue corridor amenities. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249265]

Full Property Details for 8506 NE Prescott St

General

  • Sold For: $200,000
  • Taxes: $3,623 (2025)
  • Status: Sold
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 483048124
  • Added to Site: 113 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Main

Exterior

  • Exterior Features: Fenced

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Off Street

Location

  • County: Multnomah
  • Subdivision: Sumner/Roseway
  • Driving Directions: South Corner of Prescott St/85th Ave

School Information

  • Midd School District: Parkrose
  • Elementary School: Russell
  • Middle School: Parkrose
  • High School: Parkrose

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Oil

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Ranch
  • Basement Desc.: Unfinished
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,484
  • Year Built: 1926
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Lot Dimensions: 5000
  • Frontage: Paved
  • Lot Features: Corner Lot, Level

Green Features

  • Green Certified: Yes

Financial Considerations

  • Tax Amount: $3,623.36
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: R261885

Listed by Wise Move Real Estate (971) 279-5324, Rose Anderson (503) 320-3298
Sold by Tim Shannon Realty, Inc. (503) 309-4106, Tim Shannon

Listing agent

— 8506 NE Prescott St —

  • Rose Anderson

    Wise Move Real Estate

    971-279-5324

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8506 NE Prescott St

School District:Parkrose School District 3
NameGradesDistance
Russell Elementary
2700 Northeast 127th Avenue, Portland, OR 97230
PK-52.4 mi
Parkrose Middle School
11800 Northeast Shaver Street, Portland, OR 97220
6-81.7 mi
Parkrose High School
12003 Northeast Shaver Street, Portland, OR 97220
9-121.7 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 8506 NE Prescott St

Date
Details
Price
Change
Source
9/04/2026
Sold
$200,000
-13.01%
MLS
8/18/2026
Price Reduced
$229,900
-8%
MLS
7/18/2026
Price Reduced
$249,900
-7.41%
MLS
6/18/2026
Listed
$269,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Wise Move Real Estate (971) 279-5324, Rose Anderson (503) 320-3298
Sold by Tim Shannon Realty, Inc. (503) 309-4106, Tim Shannon

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8506 NE Prescott St, Portland, OR 97220 (MLS# 483048124) is a Single Family property that was sold at $200,000 on September 04, 2026. Want to learn more about 8506 NE Prescott St? 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.