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Listing courtesy of Keller Williams Realty Professionals.
Description
Whether you’re a developer, investor, or someone seeking a primary residence with incredible potential, this property offers a unique chance to create your dream home in one of Portland’s most desirable neighborhoods. Situated on a spacious 0.26-acre lot with RM1 zoning, this property currently features a large existing home, ideal for renovation, expansion, or even multi-family use.Key Features:Existing Home with Potential: The property already includes a generously sized residence, perfect for those who envision transforming it into a custom dream home while keeping the existing structure. With ample square footage, there’s room to create a luxurious living space that meets your every need.Zoning (RM1): For those with a vision for expansion, the RM1 zoning allows flexibility – add an ADU, transform part of the property into a multi-family setup, or simply enjoy the extra space and privacy. Lot Size: At 0.26 acres, the lot provides space for beautiful landscaping, outdoor entertaining areas, or additional structures, allowing you to truly personalize the property.Prime Location: Located in SE Portland, this home offers convenient access to local amenities, schools, parks, and public transit, making it perfect for long-term living or attractive to future tenants. Investment or Personal Potential: The vibrant neighborhood is known for its strong rental market, adding long-term growth potential for those considering multi-family options in the future.Why This Property? Transform Into Your Dream Home: Take advantage of the existing structure to create a custom home with modern touches, while enjoying the spacious layout and room to grow.Flexible Living and Investment Options: The property’s size and zoning open up possibilities for expanding into multi-family living, adding a rental unit, or simply enjoying the space as a large single-family home.
Property Details and Features
Property Access
- Road Surface Type: Concrete,Paved
Appliances & Equipment
- Appliances: FreeStandingRange,FreeStandingRefrigerator
Basement
- Basement: Unfinished
Bathrooms
- 2 total baths
- 1 full bathroom
- 1 partial bath
- 1 total main level baths
- 1 main level full bath
- 1 main level partial bath
Bedrooms
- 4 total bedrooms
Building
- Architectural Style: Bungalow,Cottage
- Building Area Calculated: 1920
- Building Area Description: tax
- Building Area Total: 2964
- Built in 1943
- Lower Level Area Total: 1044
- Main Level Area Total: 1320
- RV Description: RVBoatStorage
- Stories: 3
- Upper Level Area Total: 600
Disclosures
- Disclosures: Disclosure
Exterior Features
- Exterior Description: Cedar,VinylSiding
- Exterior Features: RVBoatStorage,Yard
Foundation
- Foundation Details: ConcretePerimeter
Garage
- Garage Spaces: 2
- Garage Type: Detached
Heating
- Heating Available
- Heating: ForcedAir
Listing
- Contract Status Change Date: 2024-08-31
- Days On Market: 85
- Last Transaction Date: 2024-11-03 14:01:19
- List Price: $649,500
- Listing Contract Date: 2024-08-31
- Listing Id: 24096070
- Mls Status: Active
- Modification Timestamp: 2024-11-03 14:01:19
- On Market Date: 2024-08-31
- Previous List Price: $650,000
- Standard Status: Active
Location
- MLS Area Major: _143
- Subdivision Name: MOUNT TABOR
- County Or Parish: Multnomah
Lot
- Features: Level
- Size Acres: 0.26
- Size Range: SqFt10000to14999
- Size Square Feet: 11,325
- Size: 10,000 to 14,999 SqFt
Parking
- Features: Driveway,OffStreet
- 2 total parking spots
Property
- Property Condition: Resale
- Property Sub Type: SingleFamilyResidence
- Property View
- Zoning: RM-1
Roof
- Roof: Composition
Schools
- High School: Franklin
- Middle Or Junior School: Bridger
- Elementary School: Bridger
Sewer
- Sewer: PublicSewer
Taxes
- Annual Amount: $6,748
- Legal Description
- Tax Year: 2023
Utilities
- Fuel Description: Electricity
- Hot Water Description: Electricity
- Water Source: PublicWater
Windows
- Features: WoodFrames
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This content last updated on November 25, 2024 15:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.