5714 SE 88TH AVE Portland, OR 97266

Active

$700,000

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3 Beds
1 Baths
1,708 sq. ft.
Single-Family
Listing# 23540138

Listing provided courtesy of: MORE Realty

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Property Details

Description

GREAT INVESTMENT OPPORTUNITY for Multi Family Commercial Development. This property sits on 8850 sq ft of CM3 ( Commercial Mixed Use ) Zoning. Corner lot just off Foster Road. Light Rail few blocks away. High Density Commercial Mixed Use offers flexibility for a development mix. No parking requirement. Fantastic opportunity for your business and work/live opportunity.SELLER IS OFFERING SELLER CARRIED FINANCING WITH GENEROUS TERMS AND ECONOMICS. MAKE OFFER.

General Features
- County Or Parish Multnomah
- Property Sub Type Single Family Residence
- Architectural Style Bungalow
- Tax Annual Amount $4,905
- Tax Year 2022
- Year Built 1910
- New Construction Y/N false
- Listing Terms Cash, Conventional, Owner Will Carry
Building Features
- Basement Partial Basement
- Full Bathrooms 1
- Partial Bathrooms 0
- Bathrooms 1
- Bedrooms 3
- Building Area Total 1708.0
- Cooling None
- Exterior Features Garden, Porch, Yard
- Foundation Details Concrete Perimeter
- Garage Spaces 2.0
- Heating None
- Interior Features High Ceilings,Vinyl Floor
- Parking Features Driveway, Off Street
- Parking Total 2.0
- Roof Composition
- Stories 1
Room Features
- Room 7 Description 2nd Bedroom
- Room 7 Level Main
- Room 8 Description 3rd Bedroom
- Room 8 Level Main
- Room 9 Description Dining Room
- Room 10 Description Family Room
- Room 11 Description Kitchen
- Room 11 Level Main
- Room 12 Description Living Room
- Room 12 Level Main
- Room 13 Description Primary Bedroom
- Room 13 Level Main
Property Features
- Internet Service Type Satellite,Wireless
- Lot Features Corner Lot, Level, LightRail, On Busline
- Lot Size Acres 0.2
- Lot Size Dimensions Corner Lot
- Road Surface Type Paved
- Sewer Public Sewer
- Water Source Public Water
Schools
- Elementary School Lent
- High School Franklin
- Middle Or Junior School Kellogg

Contact

Neighborhood

97266 (Portland) Demographics

37 Median Age

6,074 Population Density (per sq. mile)

34% College Educated

$59,062 Estimated Median Income

7,421 Estimated Total Home Owners

6,018 Estimated Total Renters

55% / 45% Estimated Owner / Renter Divide

3 Estimated Average Household Size

36,818 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$394,950 Median Sales Price

46 Homes Sold

23 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $700,000
3/8/2023 2:38:00 PM	New in Database Source: Multiple Listing Service	New Value: $700,000

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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than MORE REALTY are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2023 RMLS™, Portland, Oregon. This content last updated on 3/27/2023 4:53:36 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.