8720 SW Katherine Ln, West Slope, OR 97225
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
8720 SW Katherine Ln,Portland, OR 97225
$3,600,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:adrian wild
Office:keller williams realty professionals
MLS#:192718413
Source:PORTLAND
Price summary
- Price:$3,600,000
About this home
A one-of-a-kind investment opportunity—two adjoining parcels totaling 4.51 forested R5 acres, just minutes from downtown Portland. The owner has improve the property to last the rest of his life. (See Attached documents) This income-generating (NOI 2024 $234,711.17 2025 current track NOI $328,385) retreat offers multiple rental units, a stunning natural setting, and high revenue potential. 8720 SW Katheryn Ln (Pictures 2-10) – A 3,000 sq. ft. remodeled daylight ranch with six bedrooms, two permitted kitchens, and high-quality timber construction on 2.16 acres. Available separately for $1,490,000. 2215 SW 87th Ave (Pictures 11-17) – A 3,270 sq. ft. four-bedroom, three-bath home featuring remodeled bathrooms, stunning wood paneling, and a durable metal roof on 2.35 acres.• Yeti’s Treehouse (Pictures 19-24) – Built on four live trees, featuring a kitchenette, bathroom, outdoor soaking tub, & zipline. Highest-grossing rental.• The Old Barn (Pictures 26-33) – A remodeled barn-themed retreat with a large kitchen area, grand piano, orthopedic bed, hot tub, & unique charm.• Sasquatch Tiny Treehouse (Pictures 35-41) – A cozy woodland retreat with wood paneling, kitchenette, vaulted ceilings, & full bathroom. Right on the water!• Bigfoot Glamping Treehouse (Pictures 43-47) – A 10-ft elevated hideaway overlooking the ravine, perfect for wildlife watching. 2215 SW 87th Ave, including all four short-term rental units, is available for separate purchase at $2,425,000. This thriving rental business has been a labor of love for the owner, generating high revenue. Sale includes six months of consulting to ensure a smooth transition. Whether as a lucrative rental operation, a dream retreat, or a development, this property is truly one of a kind.
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Home facts
- Year built:1954
- Listing ID #:192718413
- Added:185 day(s) ago
- Updated:September 28, 2025 at 06:21 PM
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Wood Stove
Structure and exterior
- Roof:Rubber
- Year built:1954
- Lot area:4.51 Acres
Schools
- High school:Beaverton
- Middle school:Cedar Park
- Elementary school:Ridgewood
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,600,000
- Tax amount:$14,581 (2023)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Partners are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: September 28, 2025New listings near 8720 SW Katherine Ln
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