$520000
Price cut: $9.9K (06-01-2025)
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Bed
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Bath
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2446 SqFt
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123 DOM
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Built: 1884
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Prime Southeast Portland location! This IG1-zoned property offers a rare opportunity for commercial, live/work, or industrial use. Built in 1884, this beautifully updated property features 4 bedrooms, 2 bathrooms, an office, and an open layout, combining functionality with historic charm.With two stories above the basement, natural light fills every space, creating a bright and inviting atmosphere. The expansive backyard provides flexibility for storage, workspace, or outdoor amenities. Conveniently located near major roads, public transportation, and key commercial corridors, this property is just minutes from Hawthorne, Division, and downtown Portland.Zoning allows for a variety of potential uses—buyers to verify permitted uses with the city. This charming home, previously used as a short-term rental, offers an impressive 15% return on investment based on its $514,900 price.Don’t miss this unique opportunity to own a versatile property in a high-demand area!
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
General Information
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492550297
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Other
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123 DOM
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2446
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1884
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IG1
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Multnomah
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R275879
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CommercialSale
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Other
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STEPHENS ADD, BLOCK 75, LOT 2
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
Mohan Realty Group data last checked: Jun 07, 2025 20:44 | Listing last modified Jun 01, 2025 12:49,
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