Open Sat 4/25 12-3. Rare opportunity to secure a Northeast Portland property with flexibility for investors, builders, and buyers seeking future upside. Build a multifamily or mixed use Available individually or in combination with adjacent opportunities, this property offers multiple paths for value, whether as a hold, rental, redevelopment play, or strategic land acquisition. The existing home creates immediate use potential while longer-term plans are explored. For investors, this is a chance to add to a portfolio in a high-demand area. For builders and developers, it presents compelling potential within a larger adjacent-property opportunity. For owner-occupants, it may offer a chance to enter a desirable location with future growth considerations. Convenient to parks, dining, shopping, transit, and major commuter routes. Buyer to verify all uses, zoning, development potential, and property information.
Rose City Park, located between NE Sandy Blvd and I-84, is a residential and garden-like Portland neighborhood with curving streets and early-20th-century homes. The neighborhood’s character concentrates around the NE Sandy Blvd and NE 57th Ave crossroads, where low-slung storefronts, patios, and steady foot traffic set a casual, local rhythm. Rose City Book Pub, The Zipper, and Screen Door Eastside anchor the area with books-and-pints energy, food-hall bustle, and a long-brunch soundtrack. Tudor Revivals and Craftsman bungalows line the interior blocks, broken up by pocket parks and mature street trees. Rose City Park itself adds ballfields, a playground, and open lawn that shapes daily routines. Sandy’s diagonal corridor keeps the geography legible, linking the neighborhood’s quiet grid to Montavilla and Hollywood.
Provided by Walk Score and Local Logic
Market insights
1003 NE 60th Ave · $299,900
DAYS ON MARKET
32 days
The average home goes pending in 19 days.
SALE-TO-LIST
100.5%
Most homes are selling 1% above list price.
LIST PRICE
$299,900
Median sale price in this area is $547,205. (82% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Hardwood floors
Accessible — one level
Bedrooms
Primary bedroom on main level
Bathrooms
One full bathroom (main level)
Kitchen
Free-standing range
Kitchen on main level
Flooring
Hardwood floors
Heating & cooling
Forced air heating
No central cooling
Exterior features
Fenced yard
Tool shed
Wood composite exterior
Home design
Single-family residence
Residential property
Fixer condition
Main living area on one level
Territorial view
Construction
Built in 1906
Composition roof
Concrete perimeter foundation
Utilities
Electricity
Public water
Public sewer
Paved road access
Financial info
Property is leased (tenant-occupied) with lease through 2026-11-30
Monthly rent reported as $710
Pets allowed under current lease
Buyer may accept tenant; rentals permitted
Other
Zoned RM2
Electricity and solar
View estimated energy costs and solar savings for this home
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97213
Average low and high temperatures (°F)
47
36
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37
57
42
65
44
71
50
77
54
83
58
84
61
76
56
63
47
53
43
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1003 NE 60th Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $348,000 and $465,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $348K to $465K.