Listing provided courtesy of Wise Move Real Estate- MLS# 483048124
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Request Info8506 NE PRESCOTT STPortland, OR 97220
Single Family · 2 Beds · 1 Full Bath · 1,484 Sq. ft. | 0.12 Acres$269,900
Active
8506 NE PRESCOTT ST Overview
- Time on Site:
- 12 days
- Visits:
- 1
Builders, developers, investors, and visionaries'don't miss this 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 and is uninhabitable. This property will not finance; the property is being sold strictly as-is. The furnace is non-operable, and an above-ground oil tank is located in the yard. 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. No interior photographs. Please contact your realtor for further details. Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249265
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8506 NE PRESCOTT ST Facts & Features
- Type Single Family
- Sq. ft. 1,484
- Price/Sq.ft. $182
- Lot 0.12 Acres
Details
General
School Information
- Elementary School: Russell
- Middle Or Junior School: Parkrose
- High School: Parkrose
Building Information
- Year Built: 1926
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 142 - Portland Northeast
- Subdivision Name: Sumner/Roseway
Tax Information
- Tax Annual Amount: 3623.36
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash
- Parcel Number: R261885
- Property Condition: Fixer
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Zoning: RM1h
Interior
Parking Information
- Garage Spaces: 2.0
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Partial: 0
- Bathrooms Total: 1
- Bedrooms Total: 2
Building Interior
- Building Area Total: 1484.0
General Information
- Basement: Unfinished
- Cooling: None
- Heating: None
- Stories: 1
Exterior
Parking Information
- Parking Features: Driveway,Off Street
- Parking Total: 2.0
Lot Information
- Lot Features: Corner Lot,Level
- Lot Size Acres: 0.12
- Lot Size Dimensions: 5000
- Lot Size Square Feet: 5227.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Architectural Style: Ranch
- Roof: Composition
General Information
- Exterior Features: Fenced
- Sewer: Public Sewer
8506 NE PRESCOTT ST Neighborhood
Community
97220 (PORTLAND) Demographics
39
Median Age
4,050
Population Density (per sq. mile)
40%
College Educated
$56,040
Estimated Median Income
6,143
Estimated Total Home Owners
5,472
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.8506 NE PRESCOTT ST Monthly Cost
8506 NE PRESCOTT ST Market Data
Based on the last 30 days in this zip code
$495,355
Average List Price
$261
Average Price per Square Foot
21
Properties Sold
64
Average Days on Market
93
Properties for Sale
8506 NE PRESCOTT ST History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: Regional MLS | June 18, 2026 |