7827 N DENVER AVE

Portland, 97217

  • 5 Bed

  • 3 Bath

  • 3499 SqFt

  • 1 DOM

  • Built: 1959

  • Status: Active

$599,000

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7827 N DENVER AVE

Portland 97217

$599000

  • 5 Bed

  • 3 Bath

  • 3499 SqFt

  • 1 DOM

  • Built: 1959

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Outstanding investment and redevelopment opportunity on Denver Ave in North Portland. Seller has obtained fully approved City of Portland plans to convert the existing duplex into a legal four-plex — eliminating months of permitting delays and positioning this project for rapid completion and resale or long-term cash flow.High-value improvements already completed: Oil tank decommissioned, Sewer line repair complete, New exterior paint, Extensive rough-in plumbing started, Full interior demo and debris removal done, several new windows installed. This property is ready for a savvy investor or contractor to take over to complete the rough-in stage and move directly into drywall and finish work. Ideal for those seeking a shovel-ready project with strong upside potential in a desirable, appreciating area. Approved four-plex plans included with sale. Future buyers may be able to save thousands with City of Portland's SDC waiver program on this project.

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