8506 Ne PRESCOTT St, Portland, OR 97220

• 2 beds |
• 1 bath |
• 1,484 sqft

Property Description

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. The value is in the land. 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 prior to submitting an offer. Offered for the first time in nearly 30 years, this property has seat vacant for approximately three years and requires extensive renovation and is uninhabitable. This property will not finance home and is being sold strictly as-is, with no repairs to be made by the seller. The furnace is non-operable, and an above-ground oil tank is located in the yard. CAUTION: Exterior steps leading to the front door and musty odors. Booties, masks and gloves available. 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.

Listing Status:

Active

Date Added:

June 18, 2026

Data Last Updated:

June 18, 2026 at 8:41PM

Listing Office:

Wise Move Real Estate : 971-279-5324

Listing Agent:

Rose Anderson : 503-320-3298

MLS ID:

483048124

Interior

• Basement: Unfinished
• A/C: None
• Heating: None

Exterior

• General: Vinyl sidingFenced
• Style: Ranch
• Parking: DrivewayOff streetParking spaces: 2

Construction

• Roofing: Composition

Location

• Road/Access: Paved
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Multnomah

Lot

• Zoning: RM1hROSEWAY & PLAT 2BLOCK 18N 50' OF LOT 20&21R261885

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.