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2535 SE 89TH AVE Portland, OR $ 1,600,000
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$ 1,600,000 Get more info
2535 SE 89TH AVE
$ 1,600,000
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2535 SE 89TH AVE

Portland, OR, 97266
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 9,583

2535 SE 89TH AVE, Portland, OR 97266 - Image 1
2535 SE 89TH AVE, Portland, OR 97266 - Image 2
Studio

Lots and Land for sale in Portland, OR

for $1,600,000. The lot size is 0.37.

.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.

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Lots and Land Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,881

Style

MixedUse

Lot Size

0.37

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24134893
Features
General
Utilities ElectricityAvailable SewerConnected WaterConnected
Zoning CM2
HOA 0
Property SubType MixedUse
Tax Year 2023
Current Use Residential
County Multnomah
Property Type Land
Home Owner Assoc 0
Other Structures Driveway Fenced Garage Residence
Status Active
Directions SE Division to SE 89th South to address
High School Leodis McDaniel
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 16117.0
Terms Cash Contract Conventional OwnerWillCarry SellerEquityShare Trade
Elementary School Clark
Tax Annual Amount 4881.03
Middle/Junior High School Harrison Park
Days on Market 133
Standard Status Active
Legal Description JOHNSTON AC BLOCK 2 LOT 7
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Exterior
Lot Size Acres 0.37
Road Surface Type Paved
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Internal Only
Street Number 1 2535
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* Excluded Features
List By
Susak Properties Llc

Broker

susakproperties@msn.com

Email

Affordability Calculator

$9,989
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,583
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4589751 Elementary School
3296986 Middle School
Leodis McDaniel High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$1,600,000 Listed Price

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2535 SE 89TH AVE, Portland, OR, 97266 is a Lots and Land for sale at $1,600,000 with a lot size of 0.37. 2535 SE 89TH AVE is a studio with 0.0 baths. The property's zip code is 97266 which is in Portland, OR

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