OR > Portland > Mount Tabor
Portland, OR 97206,3411 SE 69TH AVE
Portland, OR 97206,3411 SE 69TH AVE
Portland, OR 97206,3411 SE 69TH AVE
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Listed by Keller Williams Realty Professionals
$650,000
Est. payment /mo
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4 BD
1.1 BA
2,320 SqFt
Active

3411 SE 69TH AVE Portland, OR 97206

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Lee Davies

Lee Davies

+1(503) 468-4018

UPDATED:

10/10/2024 09:21 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,320 sqft

Price per Sqft $280

Subdivision Mount Tabor

MLS Listing ID 24096070

Style Bungalow, Cottage

Bedrooms 4

Full Baths 1

Year Built 1943

Annual Tax Amount $6,748

Tax Year 2023

Lot Size 0.260 Acres

Property Description

Prime Development Opportunity in Portland?s Thriving Market.Investors, builders, and developers ? this is your chance to capitalize on a rare opportunity in the heart of Portland! Situated on a spacious 0.26-acre lot, this property is zoned RM1 in Multnomah County, making it ideal for multi-family development. Priced competitively, this lot is ripe for transformation into a high-demand residential complex.Key Features:Zoning: RM1 ? Perfect for multi-family units, townhomes, or apartment buildings. Lot Size: 0.26 acres ? ample space for creative development and maximizing ROI. Location: Prime SE Portland location, offering convenient access to local amenities, schools, parks, and public transportation. Potential: The RM1 zoning allows for the development of up to four stories of residential units, catering to the increasing demand for housing in Portland's bustling real estate market. Neighborhood: Located in a vibrant community known for its strong rental market, this property promises steady rental income and long-term growth potential.Why This Property?Strategic Investment: Portland?s real estate market continues to flourish, with high demand for well-located, multi-family properties. This lot offers investors the perfect opportunity to build and capitalize on this trend. Flexible Development Options: Whether you envision modern townhomes, a boutique apartment building, or a mixed-use development, this property?s zoning and lot size offer incredible flexibility. High ROI Potential: The combination of location, zoning, and lot size makes this property a high-yield investment. Develop a property that will attract long-term tenants and provide consistent rental income. Don?t miss out on this exceptional development opportunity in one of Portland?s most sought-after neighborhoods. Contact us today to schedule a viewing or to discuss the potential this prime property holds for your investment portfolio. Act Now ? Opportunities Like This Don?t Last Long!

Location

State OR

County Multnomah

Area _143

Zoning RM-1

Rooms

Basement Unfinished

Interior

Heating Forced Air

Appliance Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature R V Boat Storage, Yard

Garage Detached

Garage Spaces 2.0

View Mountain, Seasonal

Roof Type Composition

Parking Type Driveway, Off Street

Garage Yes

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Bridger

Middle Schools Bridger

High Schools Franklin

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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Lee Davies

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+1(503) 468-4018

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3411 SE 69TH AVE