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Listed by MORE Realty • 971-331-5076
$ 300,000
Est. payment | /mo
1 Bed
1 Bath
687 SqFt
$ 300,000
Est. payment | /mo
1 Bed
1 Bath
687 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 687 sqft
Price per Sqft $436
MLS Listing ID 454532319
Style Stories1
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,206
Tax Year 2025
Lot Size 8,712 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare Portland Corner Lot: Four-Townhome Project with Plans and Engineering DoneSkip months of design work. This 8,536 sq ft corner lot at NE Killingsworth St and NE 49th Ave comes with a fully designed four-unit townhome project that has already been submitted to the City of Portland. It's zoned RM2 (Residential Multi-Dwelling 2).**What's already done:**- Complete architectural plan set: site plans, floor plans, elevations, foundation, roof and cross sections- Structural engineering and calculations stamped by an Oregon-licensed P.E., covering framing, shear walls, hold-downs and foundation design- Building permit application submitted to the City of Portland, currently at the intake stage**The proposed townhomes:**- Four 3-story units of about 1,478 sq ft each (about 5,915 sq ft total)- 3 bedrooms and 3.5 baths per unit, including a top-floor primary suite with its own bath- Open main level with kitchen, dining and living room, plus a covered rear patio- Second-floor great room with a balcony- Tankless water heaters in every unit- Off-street parking, a driveway and landscaping shown on the site planThe existing 687 sq ft home is in rough condition and priced for its land and development value. That makes this a strong fit for builders, developers and investors who want a shorter path to construction.The location puts you near shopping, dining, transit and the amenities of an established NE Portland neighborhood.The complete plan set and engineering package convey with the sale. Buyer to perform their own due diligence on zoning, permitting, utilities, development feasibility and construction costs. The plans, permit status and unit count are subject to City of Portland review and approval.
Location
State OR
County Multnomah
Area _142
Interior
Heating Other
Exterior
Garage No
Building
Lot Description Corner Lot, Level, Public Road
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Rigler
Middle Schools Beaumont
High Schools Leodis Mcdaniel
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOL & BUSINESS