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Listed by MORE Realty • 503-490-4001
$ 599,900
Est. payment | /mo
3,264 SqFt
$ 599,900
Est. payment | /mo
3,264 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $183
MLS Listing ID 24440969
Year Built 1981
Annual Tax Amount $9,321
Lot Size 1.070 Acres
Property Description
Fantastic opportunity to own 1.07 acres in the city with R5 zoning. Two separate living spaces with their own entrances - both currently leased through 2/28/25; plus an RV pad which is leased - total monthly gross income $4,374. Each level of main house has its own kitchen, laundry, full bathroom and living area. Garage features a 117sf 6th bedroom/studio/bonus room with a full bathroom. Plenty of off street parking and two parking pads, one covered, perfect for RVs, boats or your outdoor toys. Quiet area, steps from Springwater Trail. Perfect for multi-generational living or live on one level and lease the other space for added income. Development potential for a possible 7 lot subdivision - buyer to verify all information. Early assistance documentation and 7 lot layout available. Photos 2-11 from 2022. Also listed as lots/land RMLS #24161042 & Res RMLS #24494479.
Location
State OR
County Multnomah
Area _143
Zoning R5
Rooms
Basement Daylight, Exterior Entry, Finished
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Gilbert Park
Middle Schools Alice Ott
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan