👑 Portland 3-2 SFR Under $300K 👑
Price: $295,000
$295K gets you a 3-bed, 2-bath in Portland proper — yeah, the location isn’t the flashiest part of Burnside, but that’s exactly why the price is where it is, and that’s the play here. You’ve got a month-to-month tenant already in place, so you can hold and collect rent from day one while you figure out your next move, or line up your rehab on your own timeline instead of scrambling. And the RM2 zoning is the real sleeper in this deal — that opens the door to future multi-family potential down the line, which is the kind of upside you don’t usually get at this price point this close to the city. This is a deal for someone thinking beyond just “flip it and flip it fast” — it’s a hold-and-wait or build-out play for the right buyer.
11836 E Burnside, Portland, OR 97216
3 beds | 2 baths | 1,311 sqft
Built in 1981
Brick fireplace in the living area
Covered front entry and back patio
Attached two-car garage
0.11-acre lot
Fenced backyard
Zoned RM2, offering a possible future development opportunity
Near schools, parks, grocery stores, shopping, and restaurants
Close to TriMet and MAX Light Rail
Currently occupied by a month-to-month tenant.
Public Walkthrough on 7/17 at 12 PM
Closing date: 8/10/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
