2737 SE 115th AVE

Portland, 97266

  • 2 Bed

  • 1 Bath

  • 1230 SqFt

  • 411 DOM

  • Built: 1948

  • Status: Active

$1,195,000

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2737 SE 115th AVE

Portland 97266

$1195000

  • 2 Bed

  • 1 Bath

  • 1230 SqFt

  • 411 DOM

  • Built: 1948

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

An extraordinary development opportunity awaits at 2737 SE 115th Ave, Portland, OR! Combination of two tax lots. Currently, only one structure stands, offering the choice to either demolish or maintain for rental income, generating $1,800 per month on a flexible month-to-month lease. You have the option to retain the tenant, securing income while finalizing permits or begin fresh with your vision. Seller can deliver the property vacant if requested. What sets this property apart is the substantial groundwork that's already been completed, saving you valuable time and financial resources. However, the potential doesn't stop there; this property offers more than one avenue for development, with possibilities ranging from 16 to 36 units. Location is key, and this property enjoys a prime position close to Division Street and the Trimet Bus li

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