Bought with Non Rmls Broker
$450,000
$500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
696 SqFt
SOLD DATE : 07/21/2025
Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 696 sqft
Price per Sqft $646
MLS Listing ID 503285197
Sold Date 07/21/25
Style Stories1, Ranch
Bedrooms 2
Full Baths 1
Year Built 1953
Annual Tax Amount $6,741
Lot Size 1.140 Acres
Property Sub-Type Single Family Residence
Property Description
Prime Development Opportunity – 1+ Acre Zoned R7 Seize the chance to own over an acre of level, developable land in a highly sought-after location, just moments from schools, shopping, and major commuter routes. Zoned R7 (buyer to verify), this property offers the potential for up to 7 units per acre, making it ideal for a short plat, townhome development, or long-term investment. Buyers do their due diligence. Included is a 2BD/1BA home, offering immediate rental income or a residence during your planning and permitting stages. The flat topography, proximity to utilities, and strong development potential make this an outstanding opportunity. Priced competitively to sell quickly don't miss out on this exceptional investment!
Location
State OR
County Multnomah
Area _143
Zoning R7
Rooms
Basement Crawl Space
Interior
Interior Features Hardwood Floors, High Ceilings, Laundry
Heating Forced Air
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator
Exterior
Exterior Feature R V Parking, Yard
Parking Features Attached
Garage Spaces 1.0
View Territorial
Roof Type Composition
Garage Yes
Building
Lot Description Level, Light Rail
Story 1
Foundation Slab
Sewer Septic Tank
Water Public Water
Level or Stories 1
Schools
Elementary Schools Kelly
Middle Schools Lane
High Schools Franklin
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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