8640 NW Bailey St Portland, OR 97231

Bring your tool belt, your architect, and your vision! Rare opportunity to acquire a substantial piece of the coveted Linnton Slopes neighborhood. Situated on an expansive, rare 10,000 sq ft lot, this classic 1915-built Portland Bungalow offers 1490 of SF living space with 4 bedrooms and 1 bathroom plus a 1358 SF basement. Property is being sold 100% AS-IS. Whether you are looking to pull permits and take on a total studs-out historic restoration, or explore the development potential of a lot this size right on the edge of Forest Park, the upside here is massive. Enjoy the unique, independent vibe of Linnton living with a private, tree-lined, and peaceful setting. Location offers incredibly quick highway 30 access to Downtown Portland and just minutes across the bridge to St. Johns area eateries and shopping. Property is severely distressed. Absolutely no repairs will be made by the seller. CASH BUYERS ONLY. Absolutely no seller-carry or financing. Caution is required around property and throughout home. Use extreme caution around the detached garage, exterior decks, stairs and uneven terrain. Foundation, electric, heat and sewer are all questionable. Seller is personal rep and exempt from Seller Property Disclosure Statement so we have no information. Buyer to perform all due diligence regarding zoning, structural integrity, utilities, and development/subdivision potential. DO NOT enter the property or structures without an appointment. Offer submission deadline at noon Sunday, August 2nd, 2026.