$485000
2 Bed
1 Bath
1426 SqFt
0 DOM
Built: 1940
Status: Active
Attention Developers, Investors, Contractors and Buyers In Need of an Over Sized Shop! This property features a 1429 SF, 2 bedroom, 1 bath home that is comfortable and fully functional. Additional cosmetic improvements could make this a beautiful home for someone wishing to utilize the shop and oversized lot for themselves. Seller's current mortgage at 2.38% is assumable for owner occupants meeting mortgage criteria. It also has great rental potential. Shop is 37 x 24 with additional attached wood structures that add square footage. It has a 220 electric service and has been used for mechanic work/motorcycle repair in the past. It has ample storage, an oversized garage door and abundant open workspace. Land is a secluded, quiet, and private .29 acre flag lot zoned RM2. Per city website, this allows for medium-scale multi-dwelling construction characterized by 3-4 story buildings including a diverse range of multi-dwelling structures, fourplexes and rowhouses. Buyers to do own due diligence with city and county regarding possible property uses. Property is conveniently located with easy access to Gresham, Downtown Portland, I205, and mass transit.
Listing Provided Courtesy of Rebecca Fetters, Owl's Nest Realty
462291033
SingleFamilyResidence
0 DOM
2
0.29 acres
1
1426
1940
RM2
Multnomah
R334182
Lincoln Park
Ron Russell
David Douglas
Residential
SingleFamilyResidence
SECTION 11 1S 2E, TL 8200 0.29 ACRES
Listing Provided Courtesy of Rebecca Fetters, Owl's Nest Realty
PDXA1 Realty Group data last checked: Aug 28, 2025 17:16 | Listing last modified Aug 28, 2025 08:29,
Source:
0
1426
0
1426
Tax Record
1426
2
1
0
1
Composition
Bungalow
OffStreet,ParkingPad
2
1940
No
WoodSiding
None
RVParking
None
Slab
VinylFrames
Dishwasher, FreeStandingRefrigerator, StainlessSteelAppliance
HardwoodFloors, Laundry
Outbuilding, Patio, RVParking, Workshop
WindowUnit
Electricity
WallHeater
PublicSewer
Electricity
Electricity, Gas
3181.47
0
Cash,Conventional,FHA,Rehab,VALoan
08-28-2025
No
No
0
0
Cash,Conventional,FHA,Rehab,VALoan
$485,000
$485,000
Aug 28, 2025 08:29
Listing courtesy of Owl's Nest Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Aug 28, 2025 17:16 | Listing last modified Aug 28, 2025 08:29.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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.
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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