$499900
Price cut: $20.1K (06-21-2025)
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Bed
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Bath
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2446 SqFt
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156 DOM
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Built: 1884
- Status: Active
Love this home?
Prime Southeast Portland location! This IG1-zoned property offers a rare opportunity for commercial, live/work, or industrial use. Built in 1884, this beautifully updated property features 4 bedrooms, 2 bathrooms, an office, and an open layout, combining functionality with historic charm.With two stories above the basement, natural light fills every space, creating a bright and inviting atmosphere. The expansive backyard provides flexibility for storage, workspace, or outdoor amenities. Conveniently located near major roads, public transportation, and key commercial corridors, this property is just minutes from Hawthorne, Division, and downtown Portland.Zoning allows for a variety of potential uses—buyers to verify permitted uses with the city. This charming home, previously used as a short-term rental, offers an impressive 15% return on investment based on its $514,900 price.Don’t miss this unique opportunity to own a versatile property in a high-demand area!
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
General Information
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492550297
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Other
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156 DOM
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2446
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1884
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IG1
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Multnomah
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R275879
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CommercialSale
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Other
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STEPHENS ADD, BLOCK 75, LOT 2
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
PDXA1 Realty Group data last checked: Jul 04, 2025 15:08 | Listing last modified Jul 02, 2025 21:55,
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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