PIEDMONT
Property • Residential
Web ID # 113722725
$420,000.00
2 Beds • 1 Baths
Property Features
Regional Multiple Listing Service, Inc.
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.
N Lombard St to NE Russet St
Dwelling Type: Residential
Subdivision: PIEDMONT
Year Built: 1927, County: US
N Lombard St to NE Russet St
Virtual Tour
Listing is courtesy of Cascade Hasson Sotheby's International Realty
