OR > Portland > Piedmont
Portland, OR 97211,118 NE RUSSET ST
Portland, OR 97211,118 NE RUSSET ST
Portland, OR 97211,118 NE RUSSET ST
Portland, OR 97211,118 NE RUSSET ST
Portland, OR 97211,118 NE RUSSET ST
Portland, OR 97211,118 NE RUSSET ST
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Jennifer Schurter

Jennifer Schurter

Real Broker LLC

+1(503) 351-6569
Listed by Cascade Hasson Sotheby's International Realty
$ 420,000
Est. payment | /mo

2 Beds

1 Bath

936 SqFt

Save
$ 420,000
Est. payment | /mo
Save

2 Beds

1 Bath

936 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $448

Subdivision Piedmont

MLS Listing ID 113722725

Style Craftsman, Traditional

Bedrooms 2

Full Baths 1

Year Built 1927

Annual Tax Amount $3,658

Tax Year 2024

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

Don't miss this rare investment opportunity at 118 NE Russet Street—an original 1927 home located in Portland's desirable Piedmont neighborhood. This 2-bedroom, 1-bath property is loaded with character, featuring vintage charm throughout. While it needs updating, the solid construction and functional layout make it the perfect project for flippers, developers, or buyers looking to build serious equity. The full, unfinished basement offers exceptional expansion potential—ample space to add at least two additional bedrooms, a bathroom, and bonus living areas. The home also includes a fully fenced yard, a detached 312 sq ft garage, and a long driveway for convenient off-street parking. A separate tax lot (R209204) is included in the sale, adding further value and possibilities. Situated near parks, restaurants, shops, and major transit routes, this property combines location, flexibility, and upside. Whether you're renovating for resale, income property, or personal use, this is a can't-miss opportunity to reimagine a classic Portland home and maximize your return.

Location

State OR

County Multnomah

Area _142

Zoning R5

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan, Laminate Flooring, Wallto Wall Carpet, Washer Dryer

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Free Standing Range, Free Standing Refrigerator, Range Hood

Exterior

Exterior Feature Fenced, Gazebo, Outbuilding, Patio, Yard

Parking Features Detached

Garage Spaces 1.0

View Territorial

Roof Type Composition

Accessibility BathroomCabinets, NaturalLighting

Garage Yes

Building

Lot Description Level, Private

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Woodlawn

Middle Schools Ockley Green

High Schools Roosevelt

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-6569

jen@jenschurter.com

2175 NW Raleigh St. # 110, Portland, OR, 97210, United States

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118 NE RUSSET ST