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8720 Sw Katherine Ln, Portland, OR 97225

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For Sale

$3,600,000

4.51 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 4.5 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

A one-of-a-kind investment opportunity two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. This income-generating ($300,000 in 2025)retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres. Yeti s Treehouse (Pictures 19-24) Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental. The Old Barn (Pictures 26-33) A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm. Sasquatch Tiny Treehouse (Pictures 35-41) A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water! Bigfoot Glamping Treehouse (Pictures 43-47) A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
MLS# 192718413

Courtesy Of Keller Williams Realty Professionals

(503) 546-9955

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air
  • Lot Size
    4.51 Acres
  • View Type
    Valley

Map and Directions

Directions to 8720 Sw Katherine Ln, Portland, OR 97225

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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