Description
Exceptional Northeast Portland opportunity offering versatility, location, and long-term upside. Build multifamily or mixed use. This property stands on its own as a compelling purchase for investors, builders, and buyers looking for future potential, while also being part of a rare adjacent-property opportunity for those seeking a larger strategic play. Ideal for portfolio expansion, redevelopment vision, or land banking in an established neighborhood, the property offers strong positioning in a sought-after area close to dining, shopping, parks, transit, and major thoroughfares. Whether the goal is immediate use, income potential, or future redevelopment exploration, this is a property with multiple avenues for value creation. Buyer to verify all uses, zoning, development potential, and property information.With oversized yards and valuable land positioning, this offering presents strong development upside in a highly sought-after location. Each home retains original finishes and character, creating immediate rental income potential while future plans are realized.Ideal for investors seeking cash flow and long-term appreciation, or builders looking to capitalize on a rare multi-parcel opportunity in an established neighborhood. For first-time homebuyers, this also presents a unique chance to secure a property with income potential or future growth.Located in one of Northeast Portland's most desirable areas, just moments from local dining, shopping, parks, and major thoroughfares.
Details
| MLS # | 181930597 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 192 |
| Listing Provided By | Works Real Estate | Leanne Ishibashi |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,163 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RM2MU-N |
| Acreage | 0.12 |
| Property View | Territorial |
Interior
| Heating | Forced Air |
|---|---|
| Heating Yn | Yes |
| Cooling Yn | No |
| Interior Features | Hardwood Floors, Washer Dryer |
| Window Features | Double Pane Windows, Vinyl Frames |
| Appliances | Range Hood, Solid Surface Countertop, Stainless Steel Appliance |
Exterior
| Exterior Features | Fenced, Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
Parking
| Attached Garage Yn | Yes |
|---|---|
| Parking Features | Driveway, Off Street |
Taxes
| Property | 3613 |
|---|
Area Information
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97213 |
| Community Name | NORMANDALE |
| School District | Leodis McDaniel |
| Elementary School | Rose City Park |
| High School | Leodis McDaniel |
| Listing VS Median (in NORMANDALE) | |
Price: $349,900 low | high Med: $349,900 sqft: 1,163 low | high Med: 1,163 $ / sqft: $301 low | high Med: $301 On site: 192 low | high Med: 192 | |
Market Activity 97213
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Learn More About This Property
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97213 |
| Community Name | NORMANDALE |
| School District | Leodis McDaniel |
| Elementary School | Rose City Park |
| High School | Leodis McDaniel |
| Listing VS Median (in NORMANDALE) | |
Price: $349,900 low | high Med: $349,900 sqft: 1,163 low | high Med: 1,163 $ / sqft: $301 low | high Med: $301 On site: 192 low | high Med: 192 | |
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