$998000
Price cut: $502K (10-01-2025)
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Bed
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Bath
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2729 SqFt
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265 DOM
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Built: 1937
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Status: Active
Love this home?
**Price Reduced! Exceptional opportunity in Montavilla with two parcels on a prime corner lot and dual access points. CM-2 zoning allows mixed-use development including residential units, a 4-story apartment building/complex, or retail/residential combinations, ideal for developers or owner/users. The main home, built in 1937 with a 1952 garage addition (936 SF), has been used as office space, a children’s daycare, a carpentry shop, and most recently an automotive repair shop; the home currently does not include a kitchen. The modular building is approximately 800 SF with two restrooms, historically part of the daycare operation. Seller states parking for 20+ vehicles. With strategic location near main roads and freeways, this property offers significant growth and expansion potential. Seller is open to partial seller carry financing for up to five years and longer-term financing if needed. Don’t miss this rare Montavilla opportunity!
Listing Provided Courtesy of Annie Wrucke, Rose Country Realty
General Information
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638680121
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Income
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265 DOM
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0.29 acres
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2729
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1937
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CM2
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Multnomah
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R284602
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CommercialSale
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Income
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TERRACE PK, BLOCK 4, E 1/2 OF LOT 2, LOT 3
Listing Provided Courtesy of Annie Wrucke, Rose Country Realty
PDXA1 Realty Group data last checked: Oct 04, 2025 11:04 | Listing last modified Oct 01, 2025 21:25,
Source:
Residence Information
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2729
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Composition
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OffStreet
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2
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1937
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No
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Features and Utilities
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ForcedAir
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PublicSewer
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Electricity
Financial
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9997.68
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Cash,Contract,Conventional,Rehab
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01-10-2025
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No
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No
Comparable Information
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265
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267
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Cash,Contract,Conventional,Rehab
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$1,500,000
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$998,000
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Oct 01, 2025 21:25
Schools
Map
Listing courtesy of Rose Country 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: Oct 04, 2025 11:04 | Listing last modified Oct 01, 2025 21:25.
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.
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.
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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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