Exceptional investment and development opportunity in Southeast Portland. Situated on an oversized lot, this property offers significant potential for investors, builders, and developers. Potential opportunities may include renovation of the existing structure, accessory dwelling unit (ADU) development, cottage cluster housing, multifamily development, or other residential infill uses, subject to buyer verification and approval.The expansive lot provides a rare opportunity in an established neighborhood with convenient access to parks, shopping, dining, public transportation, and major commuting routes. Whether seeking a renovation project, investment property, land hold, or future development opportunity, buyers will appreciate the flexibility and potential this property presents.Buyer to perform all due diligence regarding zoning, land use, development standards, utilities, and permitted uses. Property sold as-is.
| MLS # | 202866161 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 99 |
| Listing Provided By | Matin Real Estate | Russell Xay |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,390 |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.51 |
| Property View | Territorial |
| Heating | Forced Air |
|---|---|
| Heating Yn | Yes |
| Cooling | None |
| Cooling Yn | No |
| Interior Features | Tile Floor, Vaulted Ceiling, Wallto Wall Carpet |
| Appliances | Builtin Oven, Builtin Range, Cooktop, Dishwasher, Disposal, Free Standing Refrigerator, Microwave |
| Exterior Features | Fenced, Garden, Patio, Tool Shed, Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Covered, Off Street |
| Property | 5826 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97266 |
| School District | Franklin |
| Elementary School | Lent |
| High School | Franklin |
| Listing VS Median (in 97266) | |
Price: $360,000 low | high Med: $399,999 sqft: 2,390 low | high Med: 1,542 $ / sqft: $151 low | high Med: $259 On site: 99 low | high Med: 85 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97266 |
| School District | Franklin |
| Elementary School | Lent |
| High School | Franklin |
| Listing VS Median (in 97266) | |
Price: $360,000 low | high Med: $399,999 sqft: 2,390 low | high Med: 1,542 $ / sqft: $151 low | high Med: $259 On site: 99 low | high Med: 85 | |