Two of the six blighted, foreclosed properties in Portland have been sold, with one fetching nearly $60,000 over the minimum bid. Local residents plan to rehabilitate the properties, according to KOIN.
Two properties were successfully sold, while the remaining four will return to auction. Bids ranged from $143,000 to $641,000. A local resident commented on the SE 87th property, which failed to attract any bids: "People keep dumping trash there. It started with a few bags, now it’s furniture," as reported by KGW.
Neighbors have had mixed reactions to recent property sales, with some expressing concerns about the condition of vacant buildings. One resident said, "I’ve come out a few times and said, ‘Hey, what are you doing out here?’ You know, I’m from Chicago, so I’m brave." Another resident stated, "Even if they clear it and leave it as an empty lot, it’s better than what’s there now. What’s there is dangerous. The building’s going to fall," as stated by KPTV and KGW.
