Brand new construction priced at just $289,900! Refrigerator, Washer, Dryer and Blinds included with an acceptable offer by 9/30. Thoughtfully designed to maximize every square foot. This 2-bedroom, 1.5 bath home lives larger than it's footprint with an open-concept layout, oversized kitchen island, quartz countertops, shaker cabinets, stainless steel appliances, luxury plank vinyl flooring, and abundant natural light. Enjoy energy-efficient mini-split heating and cooling, a private fenced yard, and low-maintenance living. Whether you're a first-time buyer or looking for a strong investment property, this home is an exceptional property in Southeast Portland. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249189]
CondoProperty Type
2026Year Built
$331Price/Sq.Ft.
Listed by John McClung• Real Estate Network Group, LLC
Powellhurst-Gilbert, located between SE Powell Blvd and SE Foster Rd, is a residential and commercial Portland neighborhood with broad arterial streets and a patchwork of postwar ranch homes. The neighborhood’s energy concentrates around the SE 122nd Ave and SE Powell Blvd crossroads, where taquerias, international groceries, and practical storefronts set a working-day rhythm. Mid-century houses sit beside newer infill, with long driveways, mature street trees, and small apartment courts. Ed Benedict Park adds ballfields and open lawns that shape daily routines. Leach Botanical Garden brings a quieter, wooded counterpoint along Johnson Creek. The Springwater Corridor Trail threads the edge for bike commutes and weekend loops.
Provided by Walk Score and Local Logic
Market insights
2701 SE 85th Ave Unit B · $265,000
DAYS ON MARKET
27 days
The average home goes pending in 118 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
LIST PRICE
$265,000
Median sale price in this area is $299,727. (13% higher than this home)
PRICE DROP
2 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Laminate flooring
Wall-to-wall carpet
Double pane windows with vinyl frames
Laundry area
Bedrooms
Primary bedroom (upper level) with walk-in closet
Second bedroom (upper level) with wall-to-wall carpet
Bathrooms
Two total bathrooms (including one full and one partial)
Kitchen
Dishwasher
Disposal
Microwave
Laundry & utility
Main-level laundry
Electric hot water
Flooring
Laminate
Wall-to-wall carpet
Heating & cooling
Mini split heating
Mini split cooling
Exterior features
Fenced yard
Yard
Level lot
Paved road access
Cement and lap siding
Home design
Residential condominium (townhouse floor plan)
Two stories
Unit located on ground floor
No view
Parking
Off-street parking
No garage assigned
Construction
Composition roof
Built in 2026
Utilities
Public water
Public sewer
Electricity
HOA & community
Homeowners association present with professional management
Condo allows rentals up to 50% per state law
No assigned or deeded parking
No assigned or available storage
No elevator, no deck, no concierge
Other
Green certified
Energy-efficient features include double pane windows and mini split
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2026
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
2026
Style
Condo/Co-op
County
Multnomah County
APN
R737379
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's 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 92° 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 • 97266
Average low and high temperatures (°F)
48
36
50
37
58
43
66
45
71
49
78
53
84
58
85
61
77
56
62
46
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 28% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2701 SE 85th Ave Unit B
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $273,950 and $354,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $274K to $355K.