5417 NE 15TH AVE

Portland, 97211

  • 3 Bed

  • 1 Bath

  • 1936 SqFt

  • 178 DOM

  • Built: 1914

  • Status: Active

$550,000

Price cut: $45K (10-05-2025)

X

5417 NE 15TH AVE

Portland 97211

$550000

Price cut: $45K (10-05-2025)

  • 3 Bed

  • 1 Bath

  • 1936 SqFt

  • 178 DOM

  • Built: 1914

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

New Price! Plus seller is offering toward buyers closing costs and rate buy down! Build new mixed use Retail and Apartments with this CM2 zoning. Double lot with large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. Commercial/Mixed Use 2 zone. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.https://www.portland.gov/sites/default/files/code/130-c-zones_0.pdf

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