Huge Opportunity to get into inner SE for under $500k! Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a… Read More variety of housing types. Developers can explore options such as a 6-unit apartment complex, single-family dwellings, rowhouses, duplexes, triplexes, fourplexes, or adding accessory dwelling units (ADUs). Buyer to do all due diligence. With its prime inner Southeast location, this property is perfectly positioned for a multitude of projects. The unbeatable setting provides easy access to some of Portland's vibrant amenities, including Double Barrel Tavern, Spielman Bagels, Nossa Familia Coffee, New Seasons & People’s Food Co-op, a stone's throw to Ladd’s Addition, & Abernethy Elementary School, making it the perfect spot to create desirable housing. Whether you’re considering a rehab & flip, teardown to build a multifamily property or envisioning multiple units for rental income, this diamond in the rough offers unmatched potential. Don’t miss this rare opportunity to shape a profitable investment in one of Portland’s most walkable and dynamic neighborhoods. Read Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
170
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
1,200
Lot Size
0.12 Acres
Year Built
1902
MLS Number
24448745
30 Days Snapshot Of 97202
$743k
+23%
(avg) sold price
35
+29%
homes sold
30
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Lower Level Area Total: 600, Architectural Style: Cottage, Building Area Calculated: 600, Building Area Description: Trio, Building Area Total: 1200, Built in 1902, Main Level Area Total: 600, Stories: 2