118 NE RUSSET ST, Portland, OR 97211
- $340,000
- 2
- BD
- 1
- BA
- 936
- SqFt
- Sold Price
- $340,000
- List Price
- $350,000
- Closing Date
- Oct 31, 2025
- Days on Market
- 151
- Status
- SOLD
- MLS#
- 113722725
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 936
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Northeast
Property Description
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.
Additional Information
- Tax Amount
- $3,658
- Year Built
- 1927
- High School
- Roosevelt
- Elementary School
- Woodlawn
- Middle School
- Ockley Green
- Fireplaces Total
- 1
- Garage Spaces
- 1
- Garage Type
- Detached
- Acres
- 0.09
- Living Area
- 936
- Stories
- 2
- Subdivision
- PIEDMONT
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional
- Accessibility Features
- Bathroom Cabinets, Natural Lighting
- Master Bedroom Level
- Main
- Cooling Description
- Central Air
- Fireplace Description
- Wood Burning
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air
- Hot Water Description
- Gas
- Exterior Description
- Vinyl Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- Craftsman, Traditional
- View
- Territorial
- Parking
- Driveway, Off Street
- Security Or Entry
- None
- Parking Description
- Driveway, Off Street
- Road Surface
- Concrete, Paved
- Exterior Features
- Fenced, Gazebo, Outbuilding, Patio, Yard
- Interior Features
- Ceiling Fan(s), Laminate Flooring, Wall to Wall Carpet, Washer/Dryer
- Kitchen Appliances
- Free-Standing Range, Free-Standing Refrigerator, Range Hood
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Listing courtesy of Cascade Hasson Sotheby's International Realty. Selling Office: Oregon Digs Real Estate.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.