- ADDRESS:
- 7827 N DENVER AVE Portland, OR 97217
- Price:
- $575,000
- Units:
- 4
- Acres:
- 0.12
- Unit 1:
- 2 Bed 1.0 Bath
- Unit 2:
- 1 Bed 1.0 Bath
- Unit 3:
- 2 Bed 1.0 Bath
- Unit 4:
- 2 Bed 1.0 Bath
- MLS#:
- 495769618
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- RM1
- Yr Built:
- 1959
- Taxe/yr:
- $6,124.57
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- None
- Nhood/Bldg:
- ARBOR LODGE
- View:
- City
- Elem:
- Peninsula
- Middle:
- Ockley Green
- High:
- Jefferson
- Lot Desc:
- Gentle Sloping, On Busline, Trees
- Area:
- Portland North
- Courtesy of:
- Kelly Right Real Estate of Portland, LLC
- Remarks:
- 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.