Exceptional Richmond District Opportunity | Remodeled Home + Development PotentialThis home offers 3 bedrooms, 3 full bathrooms, plus a fourth non-conforming bedroom in the finished basement. Set on an oversized lot, the home blends original character with modern updates and features flexible living spaces to suit a variety of needs. The lower level includes a separate exterior entrance and kitchenette-offering strong ADU potential and versatile options for multi-generational living, income-earning use, guest accommodations, or a home office.Enjoy a prime Richmond location close to Mt. Tabor, Division, and Hawthorne, with convenient access to neighborhood restaurants, parks, shopping, transit, and some of Portland's most desirable amenities.The sale includes an additional lot to the west, opening the door to an incredible lawn, expanded garden, or further development potential. The seller has also invested in engineer-ready plans to build two detached cottages, making this a rare development and investment opportunity on an established, oversized parcel.Buyer to perform their own due diligence regarding zoning and building potential.
| MLS # | 291424038 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 22 |
| Listing Provided By | Works Real Estate | Jordan Snook |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,004 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | RM -1 |
| Acreage | 0.16 |
| Heating | Forced Air |
|---|---|
| Heating Yn | Yes |
| Cooling Yn | No |
| Appliances | Dishwasher, Free Standing Range, Free Standing Refrigerator, Range Hood |
| Exterior Features | Covered Deck, Covered Patio, Fenced, Fire Pit, Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Driveway |
| Property | 5734 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97215 |
| Community Name | Treet 51st Add |
| School District | Franklin |
| Elementary School | Atkinson |
| High School | Franklin |
| Listing VS Median (in Treet 51st Add) | |
Price: $799,999 low | high Med: $799,999 sqft: 2,004 low | high Med: 2,004 $ / sqft: $399 low | high Med: $399 On site: 22 low | high Med: 22 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97215 |
| Community Name | Treet 51st Add |
| School District | Franklin |
| Elementary School | Atkinson |
| High School | Franklin |
| Listing VS Median (in Treet 51st Add) | |
Price: $799,999 low | high Med: $799,999 sqft: 2,004 low | high Med: 2,004 $ / sqft: $399 low | high Med: $399 On site: 22 low | high Med: 22 | |