OPEN SAT 4/25 12-3. Rare chance to acquire a Northeast Portland property with strong appeal for investors, builders, and buyers looking toward future growth. Build amultifamily or mixed use. Offered individually or alongside adjacent opportunities, this property presents flexibility for a range of strategies, from income-producing hold to redevelopment planning or broader assemblage potential. The existing home offers immediate utility while preserving the opportunity to evaluate future possibilities. This is an attractive option for investors seeking long-term appreciation, builders looking for opportunity in a desirable location, or buyers hoping to secure a property with upside in an established neighborhood. Well located near parks, dining, shopping, transit, and 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
1023 NE 60th Ave NE · $349,900
DAYS ON MARKET
22 days
The average home goes pending in 19 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
LIST PRICE
$349,900
Median sale price in this area is $550,000. (57% higher than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Hardwood floors
Washer/Dryer included
Natural lighting
One-level living
Wood-frame windows
One fireplace (part of main living area)
Partially finished basement
Bedrooms
Primary bedroom on the main level
Bathrooms
One full bathroom on the main level
Kitchen
Free-standing range
Free-standing refrigerator
Laundry & utility
Washer and dryer present
Flooring
Hardwood floors
Heating & cooling
Baseboard heating
No central air conditioning
Exterior features
Fenced yard
Corner lot
Level lot
Paved road access
Wood composite exterior
Home design
Single-family residence
Residential property
Territorial view
Parking
Driveway
Construction
Built in 1925
Composition roof
Concrete perimeter foundation
Utilities
Electricity for fuel
Public water
Public sewer
Financial info
Rent listed at $1,955 (if applicable)
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
May 29, 2026 • Active
Tree code
Remove trees from a private property.
Grading
Feb 13, 2015 • Final
Plumbing
Replace the water service line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
49
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
Sep
Oct
Nov
Dec
Sun exposure
82/ 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.
10.3 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1023 NE 60th Ave NE
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $375,000 and $555,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $555K.