$1500000
Bed
Bath
2729 SqFt
182 DOM
Built: 1937
Status: Active
Exceptional opportunity for two parcels in one corner lot with two access points. Favorable zoning in the Montavilla neighborhood. Favorable location and zoning for residential units or a 4-story apartment building/complex. CM-2 zoning allows for mixed use such as retail/ residential. Owners will consider longer term financing, if necessary. Home with attached garage: Main home built in 1937 as a residential property with the garage (936 SF) added in 1952. The home was Office Space as a result, the home does not have a kitchen and then was a Children's Daycare Center. The garage was a carpentry shop and most recently an automotive repairs shop with an office. Modular building: Approximately 800 SF with two restrooms and in the past primarily as part of the children's daycare center. Parking area: Currently seller states 20+ parking spots. Exceptional opportunity. Two parcels with one as a corner lot. Ideal setup for an owner/user or a developer. Purchase it today or partner with the owner to unlock the full potential of this property. The seller is willing to participate in future development to capitalize on this exceptional opportunity. With its strategic location and favorable zoning, there is ample room for growth and expansion of this corner property with proximity to main roads and freeways. The seller is willing to consider partial seller carry financing for up to five years.
Listing Provided Courtesy of Annie Wrucke, Rose Country Realty
638680121
Income
182 DOM
0.29 acres
2729
1937
CM2
Multnomah
R284602
CommercialSale
Income
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: Jul 12, 2025 12:50 | Listing last modified Jul 10, 2025 22:01,
Source:
2729
Composition
OffStreet
2
1937
No
ForcedAir
PublicSewer
Electricity
9997.68
Cash,Contract,Conventional,Rehab
01-10-2025
No
No
182
183
Cash,Contract,Conventional,Rehab
$1,500,000
$1,500,000
Jul 10, 2025 22:01
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.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 12, 2025 12:50 | Listing last modified Jul 10, 2025 22:01.
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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