SOLD OCT 31, 2025

Off market oct 2025 for $340K

$389,828

•

936

sq ft

118 NE Russet St, Portland, OR 97211

About this home

Don’t miss this rare investment opportunity at 118 NE Russet Street—an original 1927 home located in Portland’s desirable Piedmont neighborhood. This 2-bedroom, 1-bath property is loaded with character, featuring vintage charm throughout. While it needs updating, the solid construction and functional layout make it the perfect project for flippers, developers, or buyers looking to build serious equity. The full, unfinished basement offers exceptional expansion potential—ample space to add at least two additional bedrooms, a bathroom, and bonus living areas. The home also includes a fully fenced yard, a detached 312 sq ft garage, and a long driveway for convenient off-street parking. A separate tax lot (R209204) is included in the sale, adding further value and possibilities. Situated near parks, restaurants, shops, and major transit routes, this property combines location, flexibility, and upside. Whether you’re renovating for resale, income property, or personal use, this is a can’t-miss opportunity to reimagine a classic Portland home and maximize your return.

Single-familyProperty Type

1927Year Built

3,920 sq ftLot Size

$416Est. Price/Sq.Ft.

1 car garageParking

Listed by Jim McCartan • Cascade Hasson Sotheby's International Realty

Listed by Joe McCartan • Cascade Hasson Sotheby's International Realty

Bought with Robert Ascherin • Oregon Digs Real Estate

Redfin checked: 2 minutes ago

•Source:RMLS #113722725

Redfin Estimate

$389,828

$50K since sold in October 2025$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.3% lower than the average sale price ($439K) of 5 comparable homes.

SOLD JUL 31, 2026
$438,000
A
2 beds1 bath1,056 sq ft
7549 N Albina Ave, Portland, OR 97217
SOLD SEP 11, 2026
$399,000
B
2 beds1 bath1,028 sq ft
6124 N Vancouver Ave, Portland, OR 97217
SOLD AUG 10, 2026
$515,000
C
2 beds1 bath1,372 sq ft
625 NE Buffalo St, Portland, OR 97211
SOLD JUL 14, 2026
$425,000
D
2 beds1 bath917 sq ft
46 NE Buffalo St, Portland, OR 97211
SOLD AUG 27, 2026
$420,000
E
2 beds1 bath905 sq ft
7214 NE 9th Ave, Portland, OR 97211

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Earn from this home

Sell

$97,367

Est. take-home

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Rent

$2,334/mo

Redfin rental estimate

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Market trends in Piedmont, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

+0.4% MoM

Median sale price

$557K

$14K MoM

Avg. days on market

1 days MoM

Recently sold homes

6 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$525,000
3 beds1 bath1,680 sq ft
2426 NE Emerson St, Portland, OR 97211
Alexander Ney • Urban Nest Realty
OPEN SAT, 12:15PM TO 2:15PM
$124,999
3 beds2 baths1,536 sq ft
9000 NE M L King Blvd #67, Portland, OR 97211
Fernando Barajas • eXp Realty, LLC
$365,000
2 beds1 bath1,954 sq ft
6616 NE Rodney Ave, Portland, OR 97211
Michael Shelangoski • RE/MAX Equity Group
$550,000
3 beds1 bath2,474 sq ft
1152 NE Columbia Blvd, Portland, OR 97211
Nick Shivers • eXp Realty, LLC
$519,900
4 beds2 baths1,872 sq ft
7502 N Williams Ave, Portland, OR 97217
Randi Thompson • Premiere Property Group, LLC
$779,000
3 beds2 baths2,430 sq ft
2205 NE Mason St, Portland, OR 97211
Vanessa Calvert • Cascade Hasson Sotheby's International Realty
$535,000
3 beds3 baths2,177 sq ft
1037 NE Lija Loop, Portland, OR 97211
Tatiana Xenelis • KJK Properties PC
$559,000
2 beds1 bath1,568 sq ft
4950 NE 34th Ave, Portland, OR 97211
William Tucker • WVR Realty
$528,000
3 beds2 baths2,680 sq ft
1523 NE Dekum St, Portland, OR 97211
Jake Barakat • Opt
3D WALKTHROUGH
$259,400
2 beds1 bath750 sq ft
3911 NE Killingsworth St #10, Portland, OR 97211
Sally Schwartz • Portland's Alternative Inc., Realtors
See all

Provided by Redfin

Sale history for 118 NE Russet St

Tax history for 118 NE Russet St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

41 ft.

Lot depth

100 ft.

Lot size

4,100 Sq. Ft.

Year renovated

1927

Sq. Ft.

936

Year built

1927

Style

Single Family Residential

County

Multnomah County

APN

R209205

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Residential 5,000 zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Zone overlays

Aircraft Landing Zone

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior

Dec 26, 2025 • Final

Mechanical

Replace an existing gas furnace with a new unit.

Gas

HVAC

Jul 19, 2007 • Final

Bes - sewer repair

Repair and replace a sanitary sewer line located in the right of way.

Gas

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.

Property details

Parking

Parking Information
Parking Features: Driveway, Off Street
RV Description: RV Parking
Parking Total: 1

Garage Information
Garage Type: Detached
Garage Spaces: 1

Interior

Appliances
Appliances: Free-Standing Range, Free-Standing Refrigerator, Range Hood
Hot Water Description: Gas

Interior Features
Has Accessibility: Yes
Accessibility Features: Bathroom Cabinets, Natural Lighting
Interior Features: Ceiling Fan(s), Laminate Flooring, Wall to Wall Carpet, Washer/Dryer
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Wood Burning
Window Features: Wood Frames
Basement: Unfinished

Bathroom Information
Bathrooms Full: 1
Bathrooms Full Main Level: 1
Bathrooms Total Integer: 1
Bathrooms Total Main Level: 1
Baths Total: 1

Room 7 Information
Description: 2nd Bedroom
Features Cont: Closet, Wall to Wall Carpet
Level: Main

Room 9 Information
Description: Dining Room
Features: Ceiling Fan(s), Living Room/Dining Room Combo
Features Cont: Wall to Wall Carpet
Level: Main

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen
Features: Built-in Features
Features Cont: Free-Standing Range, Free-Standing Refrigerator
Level: Main

Room 12 Information
Description: Living Room
Features: Ceiling Fan(s), Fireplace, Living Room/Dining Room Combo
Features Cont: Wall to Wall Carpet
Level: Main

Room 13 Information
Description: Primary Bedroom
Features Cont: Closet, Wall to Wall Carpet
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Fenced, Gazebo, Outbuilding, Patio, Yard
Exterior Description: Vinyl Siding

Lot Information
Lot Size Square Feet: 3,920
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size Acres: 0.09
Lot Size: 3,000 to 4,999 SqFt
Lot Features: Level, Private
Parcel Number: R209205
Parcel Number 2: R209204
Road Surface Type: Concrete, Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Fixer
Main Level Area Total: 936
Security Features: None
View YN: Yes
View Description: Territorial

Building Information
Year Built: 1927
Building Area Total: 936
Building Area Description: Tax
Building Area Calculated: 936

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: LOVES ADD, BLOCK 6, W 41' OF LOT 3
Tax Annual Amount: $3,658.51

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity, Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Woodlawn
Middle Or Junior School: Ockley Green
High School: Roosevelt
High School 2: Jefferson

Location Information
Directions: N Lombard St to NE Russet St
Unparsed Address: 118 NE RUSSET ST, Portland, OR 97211

Community Information
Senior Community YN: No
Zoning: R5

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 936
Stories: 1.0
Lot Size: 4,100 square feet
Style: Single Family Residential
Year Built: 1927
Year Renovated: 1927
County: Multnomah County
APN: R209205

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Woodlawn Elementary School

Public PreK-5 • Assigned • 0.6mi

9/10

Ockley Green Middle School

Public 6-8 • Assigned • 1.1mi

8/10

Jefferson High School

Public 9-12 • Assigned • 1.2mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 92° expected this year, 14 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, 20 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97211

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$371,000 – $449,000

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Vanessa Calvert • Cascade Hasson Sotheby's International Realty

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Jake Barakat • Opt

Home values near 118 NE Russet St

Data from public records.

Address	Redfin Estimate
68 Northeast Russet St, Portland, OR 3 Beds \| 2 Baths \| 960 Sq. Ft.	$440,080
160 Northeast Russet St, Portland, OR 2 Beds \| 1 Baths \| 972 Sq. Ft.	$437,392

Address	Redfin Estimate
149 Northeast Russet St, Portland, OR 2 Beds \| 1 Baths \| 1284 Sq. Ft.	$444,232
74 Northeast Russet St, Portland, OR 2 Beds \| 4 Baths \| 2479 Sq. Ft.	—

Address	Redfin Estimate
130 Northeast Russet St, Portland, OR 4 Beds \| 2 Baths \| 1742 Sq. Ft.	$541,709
106 Northeast Russet St, Portland, OR 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$500,777

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Piedmont, OR

Sale history for 118 NE Russet St

Tax history for 118 NE Russet St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97211

Home values near 118 NE Russet St

More real estate resources