1115 1117 N BEECH ST new

Portland,OR 97227

$ 895000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 317438603

Annual Tax Amount $3,016

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Multi Family

Property Description

Incredible development potential in the N MISSISSIPPI neighborhood, especially with imminent SDCs waiver! RM1 zoned, 9,000 SF corner lot (90'x100'), with an existing, well-maintained duplex. Rental income may cover holding costs while planning, permitting, and constructing. The building is perfectly situated to one corner of this oversized property. Alley access creates ease and multiple layouts for your development options. Existing exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential, maximizing your FAR. Builder's Packet available upon request. Buyer to do their due diligence. Dead-end street increases the appeal to resale buyers and/or tenants. Only 2 blocks to a thriving commercial district, containing event spaces, shopping, dining and services. Easy access to parks, libraries, transit & freeways, too. Pedestrian bridge 2 blocks away crosses to Overlook - MAX line, more parks, dining, etc. Tenant Occupied -- Agent accompanied appointments only! PLEASE DO NOT DISTURB.

Location

State OR

County Multnomah

Area _141

Zoning RM1

Exterior

Utilities Available CableAvailable,ElectricityConnected,PublicWater500FeetPlus,SeeRemarks,SewerConnected,WaterConnected

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Building

Lot Description Corner Lot

Schools

Elementary Schools Boise-Eliot

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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