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Listed by John L. Scott Portland Central • neportland@johnlscott.com
$ 575,000
Est. payment | /mo
2,600 SqFt
$ 575,000
Est. payment | /mo
2,600 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $221
Subdivision Cully
MLS Listing ID 259517201
Year Built 1954
Annual Tax Amount $4,251
Lot Size 0.420 Acres
Property Description
Rare opportunity in NE Portland! This expansive R7-zoned lot features three separate, functional dwellings currently occupied by long term tenants, offering immediate income potential while you plan for future development. With nearby parks, eateries, and easy access to transit, this location blends convenience with tremendous upside. Each home is maintained and fully livable, making this an ideal hold and develop scenario. Whether you're looking to create a new multi-unit project, add ADUs, or explore subdivision options, the zoning allows for multiple pathways of future growth. Bring your vision and don't miss out on this unique investment opportunity!
Location
State OR
County Multnomah
Area _142
Zoning R7
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Public Road
Story 1
Foundation Block, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Scott
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, Rehab
Listing Terms Cash, Conventional, Rehab
