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    2536 SE 87Th Ave Portland, OR 97266

    For Sale
    $329,000

    Remodeled bungalow near parks, dining, nightlife, and transportation.

    Property size:
    1,132 SF

    Property Features for 2536 SE 87Th Ave

    General Information

    Size
    1,132 SF

    Building Details

    Year built
    1950

    Source: Keller Williams Realty Portland Elite Agent Valerie Hammack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Bungalow in Prime Location

    This classic Portland bungalow is located in a prime location between the Mt. Tabor and Montavilla neighborhoods. The 1132 square foot home features 4 bedrooms and 1 bath. It was remodeled in 2016 with additional updates since then. The home has a large living room with laminate flooring and large picture windows. A dining room, which could also serve as a family or media room, is located between the living room and kitchen and has new carpet as of July 25th. The modern kitchen features granite counters, a glass tile backsplash, and stainless steel appliances, including a free-standing refrigerator. The kitchen has tile flooring, a laundry closet with a washer and dryer, and access to the back door. The main level has 2 bedrooms with new carpets as of July 25th, and a fully updated bathroom with a tub/shower combo. The upper level has 2 bedrooms with closets and new carpet. The exterior is low maintenance. The HOA fees are $54 monthly. The property is 1.1 miles from Mt. Tabor Park, 0.4 miles from Harrison Park, and 2.1 miles from Montavilla Park, and is close to public transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5729094
    Latitude
    45.5039718

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    FAQs

    What type of property is this?
    Single family property - Remodeled bungalow near parks, dining, nightlife, and transportation.
    Where is this single family property located?
    The property is located at 2536 SE 87Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: - Prime location between Mt. Tabor and Montavilla, close to parks, dining, nightlife, transportation, and shopping.; - Tastefully remodeled in 2016 with additional updates, blending vintage charm with modern conveniences.; - Four bedrooms, offering ample living space.
    (503) 896-2506
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    2536 SE 87Th Ave Portland, OR 97266
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    Portland, OR 97266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2536 SE 87Th Ave Portland, OR 97266
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