16434 NE MULTNOMAH ST, Portland, OR 97230
- $350,000
- 3
- BD
- 1
- BA
- 1,580
- SqFt
- List Price
- $350,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 258105365
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,580
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Portland Northeast
Property Description
Development opportunity with multiple possibilities on the Gresham boarder! This 15,555 sq ft (.36-acre) LDR-7 zoned parcel offers flexibility for builders, developers, investors, or buyers looking for a unique project. Explore development configurations including 2 single-family homes, duplexes, triplexes, quadplexes, townhomes, or a cottage cluster with up to 9 cottages, subject to City of Gresham approval and applicable development standards. The mostly level, rectangular lot offers approximately 85 feet of frontage on NE Multnomah St, creating a versatile footprint for redevelopment. The existing residence is connected to city sewer and water, with services connected at Multnomah Street. A conceptual 4-unit townhome layout is available to illustrate one potential configuration. Not ready to start from scratch? The existing residence and detached garage also offer potential for an extensive fixer/renovation project, with the possibility of creating a home with up to 5 bedrooms and 2.5 bathrooms on a large private lot. Whether you envision renovating the existing property, building two single-family homes, or maximizing the site with middle housing, this property offers several paths to explore. Conveniently located near shopping, dining, parks, I-84, and major commuter routes. Developer packet available upon request. Buyer to complete all due diligence and verify zoning, utilities, development potential, unit count, renovation possibilities, and intended use with the appropriate governing agencies.
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Additional Information
- Tax Amount
- $3,225
- Year Built
- 1952
- High School
- Reynolds
- Elementary School
- Wilkes
- Middle School
- H.B. Lee
- Garage Spaces
- 2
- Garage Type
- Attached, Extra Deep, Tandem
- Acres
- 0.36
- Living Area
- 1,580
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Cash
- Master Bedroom Level
- Main
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity, Oil
- Heating Description
- Other
- Hot Water Description
- Electricity
- Exterior Description
- Cedar, Shake Siding
- Roof Type
- Shingle
- Sewer Description
- Public Sewer
- Style
- Daylight Ranch
- Parking
- Driveway, On Street
- Parking Description
- Driveway, On Street
- Road Surface
- Paved
- Exterior Features
- Fenced, Yard
- Interior Features
- Wood Floors
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Listing courtesy of Premiere Property Group, LLC.
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