$5,938

closing credit¹

724 NE 157th Ave Portland, OR 97230

$500,000
1 bed
1 full
1,118 sqft
0.7 acres
$447 / sqft
House

Property details

About 724 NE 157th Ave

Fantastic opportunity for possible Portland Middle Housing Development with these two tax lots! Buyer should conduct a thorough review of the zoning & other applicable laws + city/county regulations for use of the property to confirm the zoning of the property and to assess whether the existing zoning will permit the planned use. Cottages, duplexes, triplexes? Combine together to maximize development potential! Please do not walk on property without your broker and advanced notice. Value is in the land and building opportunity! Utilities are assumed to be at the street. Buyer to do all due diligence. Access to house upon receipt of acceptable offer and coordinated with advance notice.

Highlights

Home typeSingle Family Residence
HeatingZoned
StatusActive
Size1,118 sqft
Lot size0.7 Acres
Year built1948
ParkingDriveway
MLS #24189148

Summary

  • MLS Number: 24189148
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Claire Widmark-Wright, Mark Wright

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 2:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a front lawn

$500,000

724 NE 157th Ave

$5,938

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 09, 2021
Home Sold
$320,000

Tax history

YearAssessmentProperty Tax
2020$208,000$4,513
2018$196,070$4,244
2017$190,360$4,093

History based on county public records data.

Nearby schools

2

Glenfair Elementary School

Public District KG-5

0.3 mi

15300 NE Glisan St

4

Parklane Elementary School

Public District KG-5

0.9 mi

15811 SE Main St

4

Margaret Scott Elementary School

Public District KG-5

0.9 mi

14700 NE Sacramento St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,826. Residents of Portland, OR typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
46%
35k-100k
13%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 724 NE 157th Ave

This home is located at 724 NE 157th Ave in Portland, OR and zip code 97230 in the East Portland neighborhood. This 1,118 square foot home, which was built in 1948, sits on a 0.70 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $500,000.

In December 2024 more than 153 listings in Portland, OR were sold above the asking price. During the same period more than 181 listings were sold at asking price, while more than 299 were sold below. Between November and December 2024, Portland, OR real estate market has seen decrease in the number of listings by 13.8%. Listings spent 63 days on the market in December 2024, and had a median list price of $542,392 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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