** Price Improvement on a Great Investment Opportunity with Development Potential** Unlock the possibilities with this unique property offering both immediate income and future development potential. Zoned HDR and includes two entitled lots ready for completion. This is an exceptional opportunity for investors, developers, or buyers looking to gain a competitive advantage in today's real estate market. The home has been extensively remodeled over the past two years, featuring a new furnace, air conditioning system, updated paint, modern fixtures, and newer appliances—providing a move-in-ready residence with major improvements already completed. Currently operating as a successful Airbnb, cash-flow report available upon request. This property is offering immediate cash-flow potential while you plan your next steps. For buyers who choose not to develop the additional lots, the property offers an oversized yard with ample space for RV and boat parking, a detached garage, and endless opportunities to create your ideal outdoor retreat. An ADU may be an option (buyer to perform due diligence), adding even more flexibility and long-term value. Whether you're looking to finish the entitled lots and capitalize on development opportunities, expand your rental portfolio, or simply enjoy the benefits of a beautifully updated home with room to grow, this property presents a rare opportunity to build equity and maximize return on investment. **Don't miss your chance to own a property that combines current income, future development potential, and exceptional versatility. **Construction packet available upon request.
Single-familyProperty Type
1970Year Built
0.36 acresLot Size
$419Price/Sq.Ft.
1 car garageParking
Listed by Jessica Balfour• Equity Oregon Real Estate
Prime location in Sherwood, offers potential for a fixer home on a buildable .37-acre lot. The property has the potential to be developed into a 6-plex residential building. The current property features include, a 2-bedroom, 2-bathroom house, kitchen remodel in the past 10 years, with double ovens, newer counters and cabinets. Larger separate laundry room, covered deck, and a lower level, with potential to build more living space. Metal-covered carport, and an oversized single garage. The price has been reduced, providing an opportunity for buyers to either renovate the existing home and add their personal touches, or build a new construction project on the lot. Contact Linda for a showing today.
Year
Property tax
Land + Additions
Assessment*
2025
$4,706 (+3.8%)
2024
$4,534 (+2.4%)
2023
$4,425 (+11.8%)
2022
$3,959 (+1.3%)
2021
$3,908 (+1.7%)
2020
$3,843 (+1.9%)
2019
$3,770 (+3.1%)
2018
$3,656 (+2.7%)
2017
$3,561 (+3.3%)
2016
$3,447 (+5.3%)
2015
$3,275 (+1.1%)
2014
$3,239 (+1.9%)
2013
$3,179 (+3.7%)
2012
$3,064 (+2.8%)
2011
$2,981 (+2.2%)
2010
$2,917 (+2.5%)
2009
$2,847
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
2012
Finished Sq. Ft.
1,472
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,472
Year built
2012
Style
Single Family Residential
County
Washington County
APN
R548303
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
HDR
High Density Residential District
The HDR zoning district provides for higher density multi-family housing and other related uses with density of 16.8 to 24 dwelling units per acre except middle housing types pursuant to 16.12.010.F. Minor land partitions shall be exempt from the minimum density requirement.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Public service
Planned unit development (pud)
Nov 15, 2024 • Final
Residential plumbing
Connect the property to the city sewer system.
Plumbing
Nov 15, 2024 • Final
Residential plumbing
Install a new water meter.
Electrical
Electric meter
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
3/10 Fire Factor
0.31% chance of being 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
9/10 Air Factor
12 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Sherwood, OR • 97140
Average low and high temperatures (°F)
48
35
50
37
57
42
66
43
71
48
78
53
86
57
86
61
78
55
64
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Sherwood. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20471 SW Roy Rogers Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $374,580 and $640,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $640K.