1275 NE Cornell Rd
Hillsboro, OR 97124
- 6 beds
- 2 baths
- 3,332 sqft
- ~1 acre lot
- $180 per sqft
- 1920 build
- – on site
Seize this exceptional chance to develop nearly 1 acre of prime real estate in one of Hillsboro’s most sought-after locations! One parcel with 2 homes, zoned MR-2 (Multi-Unit Residential), presents endless possibilities for builders, developers, and investors. Ideal for multi-family housing, townhomes, or multiple dwelling structures, possibly up to 21 units — buyer to verify and perform due diligence on development options. The property includes two existing buildings, providing immediate usability or rental income while planning future development. Positioned along a high-traffic corridor, this site offers outstanding visibility and accessibility with close proximity to major employers, including Intel, Nike, and Hillsboro’s thriving tech hub. Additionally, upcoming infrastructure enhancements along Cornell Road will improve traffic flow and accessibility, further increasing the site’s long-term value. Conveniently located just minutes from downtown Hillsboro, Orenco Station, and Tanasbourne, this property offers seamless access to shopping, dining, parks, and public transit, including the MAX Light Rail. Quick connections to Highways 26 & 217 make commuting a breeze, while nearby schools, hospitals, and recreational amenities add to the property’s appeal. Opportunities like this are rare—don’t miss your chance to invest in Hillsboro’s booming real estate market! Contact us today for more details.
Last checked:
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Last updated Mar 28, 2025
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MLS# 487866931 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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New Construction:false
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Architectural Style:Other
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Roof:Composition
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Stories:3
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Basement:Unfinished
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Exterior Description:Other
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Exterior Features:Fenced, RVParking, SecondResidence, Yard
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Building Area Description:TRIO
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Building Area Total:3332.0
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Building Area Calculated:2380
Room Dimensions
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Main Level Area Total:1904
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Upper Level Area Total:476
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Lower Level Area Total:952
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:S on Brookwood, E on Cornell, Property on R right after Grant St
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Latitude:45.526987
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Longitude:-122.969988
The Property
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Parcel Number:R704633
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Fixer
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Lot Features:Level, OnBusline, Trees
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.92
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Lot Size SqFt:40075.0
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Zoning:MR-2
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View:false
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (503) 320-4554
- Office phone:
- (888) 814-9613
Taxes
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Tax Year:2024
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Tax Legal Description:ACRES 0.92
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Tax Annual Amount:4418.04
Beds
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Bedrooms Total:6
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
Heating & Cooling
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Heating:Other
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Heating:false
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Cooling:false
Utilities
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Sewer:Other
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Water Source:Other
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Fuel Description:Other
Schools
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Elementary School:Lincoln
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Middle Or Junior School:Evergreen
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High School:Glencoe
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:Driveway
Monthly cost estimate
Asking price
$600,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,212
|
| Taxes | $368 |
| Insurance | $165 |
| Utilities | $272 See report |
| Total | $4,017/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | RMLS | $600,000 |
