$675000
Price cut: $5K (07-10-2025)
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2 Bed
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1 Bath
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834 SqFt
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28 DOM
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Built: 1905
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Status: Active
Love this home?
Motivated Seller!! Rare development/investor opportunity for a 1905 craftsman on an oversized corner lot in inner SE Portland. This property features a very large lot with the potential to build one additional home or up to three cottages (if the garage is removed) next to the existing home. In 2022, recent code changes provide infill options to this R5 zoned location utilizing Portland's Residential Infill and Middle Housing Land Division program. Once built the properties can be sold as separate real property residences. The corner lot has alley access which allows for 3-way access, smaller setbacks, and multiple design options.The recently restored farm style house features 2 bedrooms, 1-bath, offers 834 sq. ft. of efficient, comfortable living space with a new roof and detached garage. Whether you're a developer, home buyer, downsizing, or looking for your next investment property, this offers flexibility and development potential. Enjoy mornings on the welcoming front porch, a perfect spot to relax and take in this private, quiet location in the thriving Foster Powell neighborhood. Inside, the home features a bright living/dining area with refinished oak and fir floors throughout, barn style doors, a farmhouse style kitchen with ample cabinet space, and a laundry/rear entry mud room. Outside, the expansive lot has a rear patio, allows for an urban farm and garden,play,expand or build—plus convenient access located on two city designed bike routes. The 2-bay garage provides storage or workshop potential on one side and garage door alley access on the other side, and there's plenty of off-street parking. Located close to schools, parks, and shopping. This property blends old Portland style charm and character with modern opportunity. Zoned and positioned to appeal to both personal homeowners and long-term investors/developers (buyer to verify development potential).Don't miss your chance to own this gem with space to grow—schedule your private tour today!
Listing Provided Courtesy of Daniel Zelazek, Real Broker
General Information
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252385452
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SingleFamilyResidence
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28 DOM
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2
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6098.4 SqFt
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1
-
834
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1905
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Multnomah
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R204934
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Creston
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Hosford
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Franklin
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Residential
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SingleFamilyResidence
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LAURELWOOD PK, BLOCK 8, LOT 16, S 1/2 OF LOT 17
Listing Provided Courtesy of Daniel Zelazek, Real Broker
PDXA1 Realty Group data last checked: Jul 14, 2025 19:36 | Listing last modified Jul 10, 2025 10:43,
Source:
Residence Information
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0
-
834
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0
-
834
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County
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834
-
-
2
-
1
-
0
-
1
-
Composition,Shingle
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1, Detached
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Stories1,Craftsman
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OnStreet
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1
-
1905
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No
-
-
WoodComposite
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CrawlSpace
-
-
-
CrawlSpace
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PillarPostPier
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-
Features and Utilities
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-
FreeStandingRange
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Porch, PublicRoad
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-
-
Gas
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ForcedAir, WallHeater
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PublicSewer
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Gas
-
Gas
Financial
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3776.53
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0
-
-
-
-
Cash,Conventional,FHA,VALoan
-
06-12-2025
-
-
No
-
No
Comparable Information
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-
28
-
32
-
-
Cash,Conventional,FHA,VALoan
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$685,000
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$675,000
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Jul 10, 2025 10:43
Schools
Map
Listing courtesy of Real Broker.
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: Jul 14, 2025 19:36 | Listing last modified Jul 10, 2025 10:43.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
— Jagathishp
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.
— Vignesh Chan
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.
— Praveen
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.
— Alishetty
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.
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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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