16 days on rocket

3625 N Commercial Ave, Portland, OR, 97227

$405,000

0.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
MLS #24030502
Lot Size0.12 Acres
StatusActive

About 3625 N Commercial Ave

Build your dream home! Spectacular development opportunity in Portland's desirable Boise neighborhood. Prime location within walking distance to Mississippi, N. Williams, restaurants, shops, parks, schools, and more. This flat, buildable, lot has alley access, so two points of entry! Easy access to freeways and downtown Portland. Tiny house on property is Portland's renowned "359," a 144 square foot rotating home, and is currently rented (month-to-month) and income-producing! Lot is zoned R2.5, with greatly expanded middle housing possibilities available. Property falls within Residential Infill Project guidelines and offers an array of opportunities, from a single family home with ADU, townhomes, a duplex, triplex, or fourplex. Water and electricity are currently metered and in use. Location is everything, and this site excels with a 93 WalkScore and 100 BikeScore, rated as a walker's and biker's "paradise." It truly doesn't get any better than this! Buyer to do own due diligence on any development, utilities, and land use.

Property Details

Property Features

Listing Office:

  • Office Name: Stellar Realty Northwest
  • Office Phone: (503) 265-8153
  • Listing Agent: Kaira West

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Between N. Williams and N. Mississippi

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000

Tax Information:

  • Annual Amount: $2,211
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

3625 N Commercial Ave vs Portland

16 DAYS ON ROCKET

-38 Days

$405,000

-$137.3K Less

KEY TAKEAWAY

This property is $137.3K less than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24030502

Listing Office:

  • Office Name: Stellar Realty Northwest
  • Office Phone: (503) 265-8153
  • Listing Agent: Kaira West

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 © 2024 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: 12/11/2024, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 23, 2020Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,211$86,530
2018$2,066$81,570
2017$1,981$79,200

History based on county public records data.

Payment Calculator

$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1752574
6
/10
  • Boise-Eliot / Humboldt Elementary School

  • 620 N Fremont St

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-1752575
5
/10
  • Kairos Pdx

  • 3635 N Williams Ave

  • 0.20 miles

  • Public Charter Grades KG-5

school-card-donut-1752576
7
/10
  • Dr. Martin Luther King Jr. Elementary School

  • 4906 NE 6th Ave

  • 0.86 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,443. Residents of Portland, OR typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3625 N Commercial Ave

What is the listing price of this property?

The listing price of 3625 N Commercial Ave property is $405,000.

What type of property is this?

The property 3625 N Commercial Ave is land located in Portland, Oregon, 97227.

Is this property for sale now?

Active Listing: 3625 N Commercial Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,211 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 23, 2020 for $280,000. (source: MLS/tax record).

How much acreage is this property?

The property 3625 N Commercial Ave is 0.12 acres.
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Rocket HomesOregonMultnomah CountyPortland972273625 N Commercial Ave

This home is located at 3625 N Commercial Ave in Portland, OR and zip code 97227 in the Boise neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $405,000.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. Between October 2024 and November 2024, Portland, OR real estate market has seen decrease in the number of listings by 11.9%. Listings spent 54 days on the market in November 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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