Prime Southeast Portland location! This IG1-zoned property offers a rare opportunity for commercial, live/work, or industrial use. Built in 1884, this beautifully updated property features 4 bedrooms, 2 bathrooms, an office, and an open layout, combining functionality with historic charm.With two stories above the basement, natural light fills every space, creating a bright and inviting atmosphere. The expansive backyard provides flexibility for storage, workspace, or outdoor amenities. Conveniently located near major roads, public transportation, and key commercial corridors, this property is just minutes from Hawthorne, Division, and downtown Portland.Zoning allows for a variety of potential uses—buyers to verify permitted uses with the city. This charming home, previously used as a short-term rental, offers an impressive 15% return on investment based on its $514,900 price.Don’t miss this unique opportunity to own a versatile property in a high-demand area!
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
General Information
492550297
Other
123
DOM
2446
1884
IG1
Multnomah
R275879
CommercialSale
Other
STEPHENS ADD, BLOCK 75, LOT 2
Listing Provided Courtesy of Ahmed Elsayed, Keller Williams Sunset Corridor
Krishna Realty data last checked: Jun 22, 2025 00:25 | Listing last modified Jun 01, 2025 12:49,
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Residence Information
2446
1884
No
Features and Utilities
CentralAir
ForcedAir95Plus
PublicSewer
Gas
Financial
4258.68
CallListingAgent,Cash,Conventional,Trade
01-28-2025
No
No
Comparable Information
123
145
CallListingAgent,Cash,Conventional,Trade
$519,900
$520,000
Jun 01, 2025 12:49
Schools
Map
Listing courtesy of Keller Williams Sunset Corridor.
Prime Southeast Portland location! This IG1-zoned property offers a rare opportunity for commercial, live/work, or industrial use. Built in 1884, this beautifully updated property features 4 bedrooms, 2 bathrooms, an office, and an open layout, combining functionality with historic charm.With two stories above the basement, natural light fills every space, creating a bright and inviting atmosphere. The expansive backyard provides flexibility for storage, workspace, or outdoor amenities. Conveniently located near major roads, public transportation, and key commercial corridors, this property is just minutes from Hawthorne, Division, and downtown Portland.Zoning allows for a variety of potential uses—buyers to verify permitted uses with the city. This charming home, previously used as a short-term rental, offers an impressive 15% return on investment based on its $514,900 price.Don’t miss this unique opportunity to own a versatile property in a high-demand area!
