$1250000
Price cut: $250K (10-16-2025)
4 Bed
2 Bath
2619 SqFt
324 DOM
Built: 1930
Status: Active
Prime NE PDX Hub location. Builder and developer investment alert! Property is in emerging gateway neighborhood and opportunity zone. Value is in the land and development potential. Convenient access to I-205 and I-84 with close proximity to Gateway mass transit station, bus and light rail stops. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property. Do not disturb. HES score 2.https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf Investor hold options. Great rental location for home-based business or project center seeking visibility and accessibility. High traffic area. Fenced and gated. Flexible terms: conventional, cash, contract or trade.
Listing Provided Courtesy of Janice Lundy, Berkshire Hathaway HomeServices NW Real Estate
24096742
SingleFamilyResidence
324 DOM
4
0.3 acres
2
2619
1930
RX
Multnomah
R179237
Vestal
Roseway Heights
Leodis McDaniel
Residential
SingleFamilyResidence
Hermon Heights, Block 1, Lot 1, TL 500
Listing Provided Courtesy of Janice Lundy, Berkshire Hathaway HomeServices NW Real Estate
PDXA1 Realty Group data last checked: Nov 07, 2025 09:22 | Listing last modified Oct 19, 2025 15:44,
Source:
500
1159
960
2619
tax
1659
1/Gas
4
2
0
2
Composition
2, Detached
Stories2,Tudor
Driveway,RVAccessPar
2
1930
No
Brick, ShakeSiding, Stucco, WoodSiding
ExteriorEntry,PartiallyFinished,StorageSpace
RVParking
ExteriorEntry,Partia
ConcretePerimeter
WoodFrames
BeamedCeilings, ExteriorEntry, Fireplace, HardwoodFloors
FreeStandingRange, FreeStandingRefrigerator, Tile
HardwoodFloors, VaultedCeiling
Fenced, Outbuilding, Porch, PublicRoad, RVParking, SecurityLights, StormDoor, ToolShed, Yard
GroundLevel, MainFloorBedroomBath, Parking
HeatPump
Tank
ForcedAir
PublicSewer
Tank
Electricity, Gas
4315.36
0
CallListingAgent,Cash,Contract,Conventional,Trade
11-29-2024
2200
No
No
324
343
CallListingAgent,Cash,Contract,Conventional,Trade
$1,500,000
$1,250,000
Oct 19, 2025 15:44
Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.
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: Nov 07, 2025 09:22 | Listing last modified Oct 19, 2025 15:44.
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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