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Listing 23 out of 101
$1,300,000 For Sale

8427 SE 23rd Ave
Portland, OR 97202

2 units | Multi Family Home - MLS# 17493338
Property Photo
1/27

Description

Fantastic opportunity for a savvy developer. This multi-family dwelling sits on just under a half acre in popular Sellwood. Zoned as a duplex, used as a triplex, but can build up 40 feet and house at a minimum 10 unit condos. Property has water rights and currently uses them to irrigate land. Absolutely gorgeous and unique! Please do not disturb the current occupant. Buyer to do own due diligence, contact agent for developer packet.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Listing Price: $1,300,000
  • County/Area: Multnomah County
  • Zip Code: 97202
  • Year Built: 1952
  • Subdivision/Neighborhood: Sellwood
  • Elementary School: Duniway
  • High School: Cleveland
  • Sq.Ft.: 3,154 sq ft
  • Units: 2 units
  • Basement: Finished
  • Lot Size: 20, 000 Sqft To .99 Acres
  • View: Pond, Creek Yes
  • Zoning: R2
  • Area: Portland Southeast
  • Exterior: Brick
  • Fuel: Gas
  • Gross Income Actual: 28000
  • Gross Rent Multiplier: 46.43
  • Heating: Forced Air
  • Hot Water: Electricity
  • Limited Representation: Full Service
  • Lot: Corner
  • Parking: Guest Parking
  • Roof Type: Composition
  • Sewer: Public
  • Storage: Basement
  • Tax Amount: 7491.07
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Units Total: 1
  • Water: Public, Spring
  • Year Built Info: Approximately
Courtesy of Re/Max Equity Group

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Jim Lutz

Jim Lutz, CCIM
Oregon Principal Broker
Premiere Property Group, LLC
Beaverton, OR 97006

503-750-6388
Contact Me

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Jim Lutz | 
503-750-6388 | Contact Me

1500 NW Bethany Blvd #190 - Beaverton, OR 97006
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