11245 SE 172nd Ave, Happy Valley, OR 97086
Local realty services provided by:CENTURY 21 North Homes Realty
11245 SE 172nd Ave,Happyvalley, OR 97086
$3,900,000
- 3.2 Acres
- Lots / Land
- Active
Listed by: alexandru ianos
Office: ianos realty503-408-9100
MLS#:515799283
Source:PORTLAND
Price summary
- Price:$3,900,000
About this home
Positioned directly on high-visibility SE 172nd Avenue at a prominent roundabout in the heart of Happy Valley’s fastest-growing corridor, this CCC – Community Commercial Center District zoned property offers a rare blend of immediate income and long-term redevelopment upside. The site is currently stabilized with a rented single-family home, along with additional barn and shop improvements that generate holding value while plans are evaluated. Surrounded by new multifamily housing, residential subdivisions, and ongoing corridor intensification, the property sits within an area actively transitioning toward higher-density, mixed-use development supported by major public investment in 172nd Avenue infrastructure and long-term city planning for community-scale commercial and urban center growth. With strong frontage exposure, flexible CCC zoning that supports commercial, mixed-use, and potential higher-density residential concepts (subject to approvals), and exceptional strategic positioning at a key growth node, this is an ideal acquisition for a developer seeking both cash flow during entitlement and significant future upside in one of Happy Valley’s most active development corridors....
Contact an agent
Home facts
- Listing ID #:515799283
- Added:1 day(s) ago
- Updated:April 25, 2026 at 11:25 AM
Structure and exterior
- Lot area:3.2 Acres
- Lot Features:Public Road
Schools
- High school:Clackamas
- Middle school:Happy Valley
- Elementary school:BeatriceCannady
Utilities
- Water:Water Connected
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,900,000
- Tax amount:$6,229 (2025)
New listings near 11245 SE 172nd Ave
- Open Sun, 11am to 1pmNew
$799,900Active4 beds 3 baths3,262 sq. ft.13601 SE Rolling Meadows Dr, HappyValley, OR 97086
MLS# 143095249Listed by: BERKSHIRE HATHAWAY HOMESERVICES NW REAL ESTATE - New
$650,000Active5 beds 4 baths3,072 sq. ft.14612 SE Natalya St, HappyValley, OR 97086
MLS# 653031634Listed by: MORE REALTY - New
$458,000Active4 beds 3 baths2,258 sq. ft.17346 SE Crossroads Ave, HappyValley, OR 97086
MLS# 602475770Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE - New
$424,900Active3 beds 3 baths1,896 sq. ft.15630 SE Vivian Way, HappyValley, OR 97086
MLS# 771684562Listed by: KELLER WILLIAMS PDX CENTRAL - Open Sat, 11am to 1pmNew
$690,000Active4 beds 3 baths2,748 sq. ft.16625 SE Pleasant Valley Pkwy, HappyValley, OR 97086
MLS# 618109874Listed by: ISTAR REALTY LLC
$900,000Pending4 beds 4 baths2,968 sq. ft.16590 SE Multnomah Falls Dr, HappyValley, OR 97086
MLS# 460094731Listed by: HARCOURTS REAL ESTATE NETWORK GROUP- New
$889,900Active4 beds 3 baths2,961 sq. ft.16698 SE Multnomah Falls Dr #Lot 813, HappyValley, OR 97086
MLS# 439581865Listed by: HARCOURTS REAL ESTATE NETWORK GROUP
$370,000Pending0.46 Acres16007 SE Monner Rd, HappyValley, OR 97086
MLS# 237519668Listed by: HARCOURTS REAL ESTATE NETWORK GROUP- Open Sat, 2 to 4pmNew
$2,295,000Active4 beds 4 baths5,102 sq. ft.10627 SE Paxton Ln, HappyValley, OR 97086
MLS# 611689684Listed by: MORE REALTY