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$599,000 Just Listed
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Property Description
Live, work, and own a well-established business in this unique property on busy Foster Rd! This versatile mixed-use opportunity includes a 914 sq ft residence with 2 bedrooms and 1.5 bathrooms, plus a 780 sq ft retail storefront with excellent visibility and frontage along Foster Rd. For 24 years, the business has specialized in high-quality koi, goldfish, pond supplies, and water garden products, earning a loyal customer base and strong community presence. Sale includes the real property, established business, equipment, and inventory offering a true turnkey opportunity. Retail space features display areas and room for inventory, while the home provides comfortable living just steps away from your business. Off-street parking located behind the building adds convenience for customers. Inventory includes koi varieties, water garden plants, pond filtration systems, water treatments, and pond maintenance accessories. Prime location with easy access to I-205 creates excellent accessibility and exposure. Rare opportunity to own a specialty business and work from home in the heart of Southeast Portland!
Full Property Details
Full Property Details for 8721 SE Foster Rd
General
- Price: $599,000
- Taxes: $3,745 (2025)
- Status: Active
- Type: Retail
- Source: RWMLS
- MLS ID: 726363878
- Updated: 5/17/2026
- Added to Site: 4 day(s) ago
Business
- Name: Rising Sun Koi
Parking
- Total Spaces: 4
- Parking Features: On Site, Paved
Location
- County: Multnomah
- Driving Directions: SE Foster Rd .3 miles west of I-205
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,694
- Current Bldg. Use: Retail
- Year Built: 1908
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: 5, 000 to 6, 999 SqFt
- Lot Dimensions: 40' x 190'
- Frontage: Paved
Financial Considerations
- Operating Expenses: $35,710
- Tax Amount: $3,745.06
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ORPHA PK, BLOCK 2, LOT 4
- Property ID: R231154
Listed by Li Lanz Properties, LLC (503) 936-4154, Li Lanz (503) 936-4154
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Schools
Schools serving 8721 SE Foster Rd
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Lent Elementary School 5105 Southeast 97th Avenue, Portland, OR 97266 | K-5 | 0.4 mi |
Kellogg Middle School, Portland, OR 3330 Southeast 69th Avenue, Portland, OR 97206 | 6-8 | 1.5 mi |
Franklin High School, Portland, OR 5405 Southeast Woodward Street, Portland, OR 97206 | 9-12 | 2.2 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 8721 SE Foster Rd
Date
Details
Price
Change
Source
5/16/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8721 SE Foster Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,745
4%
$138,990
3%
2024
$3,611
4%
$134,950
3%
2023
$3,472
4%
$131,020
6%
2021
$3,339
-2%
$123,510
-3%
2022
$3,397
2%
$127,210
6%
2021
$3,339
13%
$119,920
3%
2019
$2,951
3%
$116,430
3%
2018
$2,864
4%
$113,040
3%
2017
$2,745
9%
$109,750
3%
2016
$2,512
3%
$106,560
3%
2015
$2,447
2%
$103,460
3%
2014
$2,410
2%
$100,450
3%
2013
$2,354
—
$97,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8721 SE Foster Rd
8721 SE Foster Rd, Portland, OR 97266 (MLS# 726363878) is a Retail property. 8721 SE Foster Rd is currently listed for $599,000 and was received on May 16, 2026. Want to learn more about 8721 SE Foster Rd? Do you have questions about finding other Retail real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

