8809 SE HOLGATE BLVD

Portland, 97266

  • 3 Bed

  • 1.5 Bath

  • 2632 SqFt

  • 68 DOM

  • Built: 1914

  • Status: Active

$750,000

Price cut: $150K (06-18-2025)

X

8809 SE HOLGATE BLVD

Portland 97266

$750000

Price cut: $150K (06-18-2025)

  • 3 Bed

  • 1.5 Bath

  • 2632 SqFt

  • 68 DOM

  • Built: 1914

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Investor's Dream on Prime Corner Lot – Development Opportunity!Located at the highly visible corner of SE 88th Ave and Holgate Blvd, this rare offering includes three tax lots poised for immediate value-add potential. With Portland’s strong emphasis on infill development, a minor lot line adjustment between lots 8 and 9 would yield three 4-plex buildable lots, each approximately 4,236.51 sq ft. Hard to find: three 4-plex lots in a row!The property features two existing curb cuts (Driveway Design Exception required to serve all three lots) and is adjacent to a TriMet bus stop, providing strong connectivity and future tenant appeal. All utilities are available at the street, economizing and streamlining the path to development.The current structure offers flexible use during the entitlement phase: a spacious 2,632 sq ft home across two floors including a 1,016 sq ft basement that is 90% finished. Inside, you’ll find three fireplaces, ample living space, and a layout suitable for rental or owner-occupancy with covered parking! Right across the street from Lentz park! Walk your dog, play with your kids, it has it all. The high efficiency forced air gas furnace was recently replaced also, in addition to the roof and paint! Included in the sale is a comprehensive property development packet with a current survey and detailed zoning/land use documentation. Representations regarding development potential have been recently confirmed by Portland’s zoning, land use, and transportation departments. Buyers to perform their own due diligence.Held in the same family for three generations, this property is a unique blend of legacy and opportunity. Ask about Incentives & Development Resources for a summary of federal, state, and local housing development programs that may apply to this property.

Residence Information

  • 600

  • 1016

  • 1016

  • 2632

  • Public Rec

  • 1616

  • 2/Gas

  • 3

  • 1

  • 1

  • 1.5

  • Composition

  • 1, Carport, Detached

  • Stories2,Craftsman

  • Covered,Driveway

  • 3

  • 1914

  • No

  • WoodSiding

  • FullBasement,PartiallyFinished

  • FullBasement,Partial

  • ConcretePerimeter

  • WoodFrames

Features and Utilities

  • BuiltinOven, Dishwasher, FreeStandingRefrigerator, Microwave, PlumbedForIceMaker, RangeHood, StainlessStee

  • WoodFloors

  • Yard

  • AirConditioningReady

  • Electricity

  • ForcedAir

  • PublicSewer

  • Electricity

  • Gas

Financial

  • 4786.81

  • 0

  • Cash,Conventional,VALoan

  • 04-12-2025

  • No

  • No

Comparable Information

  • 68

  • 92

  • Cash,Conventional,VALoan

  • $900,000

  • $750,000

  • Jun 18, 2025 16:47

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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.

— Ramren Garajan

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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