1039 SE 78TH AVE Portland, OR 97215
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Price:
$625,000
Beds:
3
Baths:
1.0
Ft²:
1858
Acres:
0.24
MLS#:
489935276
Lot Size:
10,000 to 14,999 SqFt
Type:
Detachd
Zone:
R5
County:
Multnomah
Style:
2 Stories
Yr Built:
1904
Status:
Active
Levels:
2
Garage:
Detached
Heat:
Forced Air
Roof:
Composition
Elem:
Bridger
Middle:
Bridger
High:
Franklin
Lot Desc:
Corner Lot, Level
Area:
Portland Southeast
Exterior:
Fenced, RV/Boat Storage, Yard
Courtesy of:
RE/MAX Equity Group
Remarks:
RENOVATE and PRESERVE the existing home, and put 2 detached ADU's in rear with ALLEY access. Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafés, and shopping. This CORNER 100x105’ R5-zoned lot with alley access offers approximately 10,500SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. CONFIRM existing lot line, create two 50x100 lots, build detached homes, add ADUs. Build a COTTAGE CLUSTER and take advantage of SDC waivers. The property includes an existing 1558 SF home plus a 300SF unfinished basement, ideal for renovation, additional units, or complete redevelopment. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.
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