tomo logo

$539,900

Beds
4
Baths
2.0
sq ft
Unknown

8421 SW 3rd Ave, Portland, OR 97219

8421 SW 3rd Ave

Portland, OR 97219

  • 20 days on market
Seize this rare opportunity to invest in a spacious 4-bedroom traditional home on a 10,000 sqft (.23 acres) lot in the sought-after Burlingame neighborhood. With endless potential for renovation or redevelopment, this property is ideal for investors, flippers, builders looking to maximize value, and anyone who wants a home they can make their own with personal designs and updates. Enjoy the generous layout with an expansive living room that has an abundance of natural light and wood - carpet combo flooring. The spacious kitchen features an eat bar, stainless steel appliances (refrigerator excluded), and a dining area. The Primary Suite feels grand with its vaulted ceilings, walk-in closet, and full bathroom with walk-in shower and tub. The Basement offers expansion potential and is equipped with plumbing for an additional bathroom—ideal for added living space or rental income. This prime location is minutes from I-5, shopping, restaurants, Willamette Park & more. Don’t miss this rare chance in the Burlingame neighborhood! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10223944]

Details

Property type

Single Family Residence

Est. home value

$734,376

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

Unknown

Year built

1888

Annual property taxes

$10,356.4

HOA

No

Price History

03/13/2025
PortlandOR

PortlandOR #649994855

Listed
$539,900
-0.94%
12/05/2024
PortlandOR

PortlandOR #24622525

Removed
$545,000
05/17/2024
PortlandOR

PortlandOR #24622525

Listed
$545,000

Schools & Community

Neighborhood: 

South Burlingame

Elementary school: 

Capitol Hill

Middle school: 

Jackson

High school: 

Ida B Wells

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rivermark Community Cu

Loan start date

June 2021

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

2.59%

Loan type

Credit Line (Revolving)

Seller

Adrianne M Ellis

Lender

Mortgage Solutions Of Colorado Llc

Loan start date

May 2021

Original loan amount

$450,000

Est. remaining balance

$413,425

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Adrianne M Ellis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:10 PM

Listing updated: 03/30/2025 at 9:26 AM

Listed by: Rashelle Newmyer, Coldwell Banker Professional Phone #: (503) 538-0468

MLS: PortlandOR #649994855

PortlandOR logo

Recently listed in Portland