NW Portland Floating Home Fixer 2/1 — $20K / $100K ARV
Oregon Residential Property Wholesaler Disclosure
This property is marketed by a Residential Property Wholesaler holding an equitable interest — not legal title. Oregon law gives buyers and sellers specific rights, including a 3-business-day right of cancellation after receiving the written disclosure.
Read the full written disclosureAsking Price
$20,000
$25/sqft
After Repair Value
$100,000
$125/sqft
$55,000
$69/sqft
$25,000
Bedrooms
2
Bathrooms
1
Sq Ft
800
Year Built
1990
Property Type
Other
Condition
Needs Work
Lot Size
800 Square Feet
Floating home fixer on the water in NW Portland — a 2 bed / 1 bath with 800 SqFt at the Mill Rd moorage, slip #M3. At $20,000, this is one of the lowest entry tickets anywhere in the Portland market. An estimated $55,000 renovation takes it to a $100,000 ARV — and the comps are on the same water: a unit at this very moorage sold for $96,400, and a smaller 1/1 nearby brought $159,000 (attached below with the proforma). Waterfront living at a fraction of land-home pricing is the draw. Buyers should verify moorage fees, approval and transfer requirements, float condition, and insurance options as part of due diligence. Showings coordinated in advance. Earnest money $10,000 to the title agency. Sold as-is; buyer to perform independent due diligence.
Sold comps
14426 NW Larson Rd #2, Portland
1 bd · 1 ba · 750 sqft
Clean and updated floating home
$159,000
14940 NW Mill Rd #G, Portland
2 bd · 2 ba · 1,200 sqft
Clean and well kept — same moorage
$96,400
4 documents available
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Asking Price
$20,000
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