- ADDRESS:
- 5625 SE 83rd AVE Portland, OR 97266
- VIDEOS:
- Print this Listing
- Price:
- $349,900
- Beds:
- 0
- Baths:
- 1.0
- Ft²:
- 616
- Acres:
- 0.09
- MLS#:
- 753120845
- Lot Size:
- 3,000 to 4,999 SqFt
- Type:
- Detachd
- Zone:
- CM3
- County:
- Multnomah
- Style:
- 1 Story
- Yr Built:
- 1986
- Status:
- Active
- Levels:
- 1
- Heat:
- Heat Pump
- Roof:
- Composition
- Accessibility:
- Ground Level, One Level
- Elem:
- Woodmere
- Middle:
- Lane
- High:
- Franklin
- Lot Desc:
- Level
- Area:
- Portland Southeast
- Exterior:
- Yard
- Courtesy of:
- Realty First
- Remarks:
- Unique Southeast Portland Opportunity with Flexible CM3 Zoning!Discover the possibilities with this extensively remodeled 616-square-foot building situated on a 4,000-square-foot lot in a convenient Southeast Portland location with easy access to I-205. Whether you're seeking a live/work environment, creative studio space, or a property with future redevelopment potential, this versatile property offers numerous possibilities.Remodeling began in 2022, with the majority of improvements completed in 2025. Interior upgrades include durable wide-plank luxury vinyl plank flooring, fresh paint, new interior doors and trim, updated bathroom fixtures, LED lighting, and a roof-mounted HVAC system for year-round comfort.The thoughtfully designed interior includes a kitchenette with new cabinetry, quartz countertops, built-in microwave, refrigerator, shower, and an all-in-one washer/dryer unit, providing many of the conveniences desired for day-to-day occupancy.Outside, the spacious yard offers room for outdoor living, gardening, storage, hobbies, or future improvements. Three on-site parking spaces add convenience and functionality.Flexible CM3 zoning allows for a variety of commercial, office, mixed-use, and potential residential redevelopment opportunities. Future development possibilities may include a mixed-use project with residential units above commercial space or redevelopment into a larger structure, subject to City approval. Buyer to verify permitted uses and development potential with the City of Portland.A rare opportunity to acquire a move-in-ready property with modern updates, excellent accessibility, and long-term upside in a growing Southeast Portland locati