8720 SW Katherine Ln, Portland, OR 97225

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#1#2#3
8720 SW Katherine Ln,Portland, OR 97225
$3,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:adrian wild
Office:keller williams realty professionals
MLS#:192718413
Source:PORTLAND

Price summary

  • Price:$3,600,000

About this home

A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. The owner has improve the property to last the rest of his life. (See Attached documents) This income-generating (NOI 2024 $234,711.17 2025 current track NOI $328,385) retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti’s Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed

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Home facts

  • Year built:1954
  • Listing Id #:192718413
  • Added:140 day(s) ago
  • Updated:August 14, 2025 at 11:13 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Wood Stove

Structure and exterior

  • Roof:Rubber
  • Year built:1954
  • Lot area:4.51 Acres

Schools

  • High school:Beaverton
  • Middle school:Cedar Park
  • Elementary school:Ridgewood

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,600,000
  • Tax amount:$14,581 (2023)
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