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Listed by Knipe Realty ERA Powered • 503-310-7012
$460,000
Est. payment /mo
4 Beds
1 Bath
2,369 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $194
MLS Listing ID 207070322
Style Stories2
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1923
Annual Tax Amount $4,394
Tax Year 2025
Lot Size 0.740 Acres
Property Sub-Type Single Family Residence
Property Description
DEVELOPMENT OPPORTUNITY — SELLER OPEN TO OFFERS! Rare MDR-zoned property on 3/4 acre along SE Stark Street offering exceptional potential for builders, developers, investors and owner-users. Previous planning discussions indicated potential for approximately 18–24 residential units; buyer to verify density, zoning and development feasibility with applicable jurisdictions. The flat, usable site offers excellent visibility and access with possibilities that may include multifamily housing, townhomes, cottage clusters, mixed-use concepts or other redevelopment opportunities (buyer to verify). An existing home adds immediate flexibility and may be renovated, rented, owner-occupied, or potentially utilized for business/office purposes while exploring future development. With substantial land, MDR zoning and a prominent SE Stark location, this property offers multiple paths for investors and developers looking for Portland-area development land and long-term upside. SELLER IS OPEN TO OFFERS—bring your vision and explore the possibilities! Buyer to perform all due diligence regarding permitted uses, density, utilities, access, permits and development requirements.
Location
State OR
County Multnomah
Area _144
Interior
Heating Forced Air
Fireplaces Number 1
Fireplaces Type Wood Burning
Exterior
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools North Gresham
Middle Schools Clear Creek
High Schools Gresham
Others
Senior Community No
Acceptable Financing CallListingAgent, Cash
Listing Terms CallListingAgent, Cash
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NEARBY SCHOOL & BUSINESS