Portland, 97211
3 Bed
1 Bath
2250 SqFt
162 DOM
Built: 1961
$739,500
Price cut: $85.5K (05-29-2025)
$739500
Price cut: $85.5K (05-29-2025)
3 Bed
1 Bath
2250 SqFt
162 DOM
Built: 1961
Real Estate Agent
(503) 336-1515Discover this exceptional 1.4-acre property, comprised of three tax parcels (R314276, R314282, and R314267), offering an unparalleled development opportunity in Portland. With two parcels zoned R10 and the largest zoned CM1, this versatile property is ideal for residential or mixed-use projects. The existing home features 3 bedrooms, 1 bathroom, and bonus space, making it livable or rentable while you plan your vision. Whether you want to live in the home while building additional units next door, create the ultimate shop space for your small business, or craft an innovative mixed-use project, the possibilities are endless. Conveniently located just minutes from the vibrant Alberta Arts District, with its eclectic shops, restaurants, and galleries, as well as the scenic Columbia Slough Trail and iconic parks like Peninsula Park, this property also boasts easy access to downtown Portland, public transportation, and major freeways. Builders, developers, and investors—don’t miss this rare opportunity to bring your vision to life.
Listing Provided Courtesy of Jim McCartan, Cascade Hasson Sotheby's International Realty
24112570
SingleFamilyResidence
162 DOM
3
1.4 acres
1
2250
1961
CM1 R10
Multnomah
R314267
Faubion
Faubion
Jefferson
Residential
SingleFamilyResidence
SECTION 02 1N 1E, TL 400 0.59 ACRES
Listing Provided Courtesy of Jim McCartan, Cascade Hasson Sotheby's International Realty
Mohan Realty Group data last checked: Jun 07, 2025 19:19 | Listing last modified May 29, 2025 16:04,
Source:
0
2250
0
2250
Tax
2250
1/Gas
3
1
0
1
Composition
Stories1
Carport,OffStreet
1
1961
No
Cedar, LapSiding
None
RVParking
None
ConcretePerimeter
DoublePaneWindows
LivingRoomDiningRoomCombo
FreeStandingRange, FreeStandingRefrigerator
CeilingFan, Laundry, WalltoWallCarpet, WasherDryer, WoodFloors
Fenced, Patio, RVParking, Yard
KitchenCabinets, MinimalSteps, NaturalLighting, OneLevel
Gas
ForcedAir
PublicSewer
Gas
Gas
10578.88
0
Cash,Conventional
12-18-2024
No
No
162
171
Cash,Conventional
$875,000
$739,500
May 29, 2025 16:04
Listing courtesy of Cascade Hasson Sotheby's International Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Mohan Realty Group data last checked: Jun 07, 2025 19:19 | Listing last modified May 29, 2025 16:04.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Real Estate Agent
(503) 336-1515Discover this exceptional 1.4-acre property, comprised of three tax parcels (R314276, R314282, and R314267), offering an unparalleled development opportunity in Portland. With two parcels zoned R10 and the largest zoned CM1, this versatile property is ideal for residential or mixed-use projects. The existing home features 3 bedrooms, 1 bathroom, and bonus space, making it livable or rentable while you plan your vision. Whether you want to live in the home while building additional units next door, create the ultimate shop space for your small business, or craft an innovative mixed-use project, the possibilities are endless. Conveniently located just minutes from the vibrant Alberta Arts District, with its eclectic shops, restaurants, and galleries, as well as the scenic Columbia Slough Trail and iconic parks like Peninsula Park, this property also boasts easy access to downtown Portland, public transportation, and major freeways. Builders, developers, and investors—don’t miss this rare opportunity to bring your vision to life.