11324 NE Sandy Blvd

Portland, OR 97220

$2,800,000
Price
30,927 / 0.71
Lot Size / Acres
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Description

Exceptional 24-Unit Income-Producing Motel on NE Sandy BlvdPrime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features...Exceptional 24-Unit Income-Producing Motel on NE Sandy BlvdPrime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence.
  1. Listed by John Hatch • Keller Williams Realty Professionals
  2. Listed by Beth Nelsen • Keller Williams Realty Professionals

Property Details for 11324 Northeast Sandy Boulevard

Zoning
CE
LISTING UPDATED: 04/13/2026 09:45 AM

Property Details for 11324 Northeast Sandy Boulevard

StatusActive
MLS #586326525
Days on Market3
Taxes$21,605 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.71 AC
CountyMultnomah County
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Location

Listing Courtesy of Keller Williams Realty Professionals
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Building Information for 11324 Northeast Sandy Boulevard

Lot Size0.71 AC

Payment Calculator

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$15,900 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,099

Property Taxes

$1,800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 11324 Northeast Sandy Boulevard

Summary
Location and General Information
  • Country: US
  • Directions: NE Sandy south side between NE 112th and NE 115th. Horseshoe Inn Motel sign.
  • Road Surface: Paved
School Information
  • Elementary School: Prescott
  • High School: Parkrose
  • Middle Or Junior School: Parkrose
Taxes and HOA
  • Tax Annual Amount: $21,604.54
  • Parcel Number: R235624
  • Tax Legal Description: PARKROSE & RPLT, BLOCK 65, LOT A&B
Property
Lot Information
  • Acres: 0.71
  • Lot Description: On Busline, Public Road
  • Lot Size Square Feet: 30927.0
  • Lot Size Dimension: 238ft x 131 ft
  • Number Of Lots Total: 1
  • Current Use: Commercial, Multi Family
  • Land Description: Level
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: Commercial, Driveway, Residence, Sidewalk
Amenities
Amenities Information
  • Internet Service Type: Cable

Property History for 11324 Northeast Sandy Boulevard

DateEvent & SourcePriceAppreciation
Apr 10, 1995

Sold (Public Record)

Public Record #18359997

$27,520—
Apr 10, 1995

Sold (Public Record)

Public Record #18359994

$6,000—
DateEvent & SourcePrice
04/10/1995

Sold (Public Record)

Public Record #18359997

$27,520
04/10/1995

Sold (Public Record)

Public Record #18359994

$6,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11324 Northeast Sandy Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2025$21,605 ($1,800 / month)
Home Facts
Total Finished SqFt3,128 SqFtAbove Grade Finished SqFt3,128 SqFtStories1Lot Size30,876 SqFtStyleHotel / MotelYear Built1930ZoningR2HCountyMULTNOMAHAPN1N2E22AC 01600

Schools near 11324 Northeast Sandy Boulevard

This home is within Parkrose School District 3.
Rating
School
Type
Grades
Distance
Prescott Elementary School
Public - PK to 5
Parkrose Middle School
Public - 6 to 8
Parkrose High School
Public - 9 to 12
Faithful Savior Community School
Private - PK to 7
Rating
School
Distance
Prescott Elementary School
PublicPK to 5

Parkrose Middle School
Public6 to 8

Parkrose High School
Public9 to 12

Faithful Savior Community School
PrivatePK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11324 Northeast Sandy Boulevard, Portland, OR 97220

11324 Northeast Sandy Boulevard is a 0.71 ac of land for sale in Portland, OR 97220. This property was listed for sale on April 10, 2026 by Keller Williams Realty Professionals, it's currently listed at $2,800,000. It has been on the market for a total of 3 days and was last sold on April 10, 1995. This listing's school district is Parkrose School District 3. Nearby schools include Prescott Elementary School, Parkrose Middle School and Parkrose High School. 11324 Northeast Sandy Boulevard is a 0-bed, 0-bath, 0.71 ac of land on a 30,927 sq. ft. / 0.71 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Professionals

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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/13/2026 09:45 AM