800 NW 49th Street

Situated on a rare 0.24-acre, three lot corner site marking the entrance to highly desirable Douglas Place, this property presents a truly exceptional opportunity to unlock significant value in one of the area’s most sought after neighborhoods. Currently occupied by a long-term tenant who would love to remain, the existing home offers an attractive option for investors seeking immediate rental income and long-term upside. While the property will likely require a full renovation, its potential is substantial...whether you choose to restore and reimagine the existing home, renovate to build equity, or capitalize on the oversized three lot corner site for future development. Zoned R-1 (Urban Low Intensity), with no HOA and no Historic Preservation restrictions, the property offers a level of flexibility rarely found in Douglas Place. The expansive corner lot provides an outstanding opportunity for those looking to create a custom residence or explore future construction possibilities, subject to applicable zoning and city requirements. Whether you’re an investor looking to buy and hold, a renovator searching for your next project, or a buyer envisioning a one-of-a-kind homesite, this property offers multiple paths to value creation. Rare land. Prime location. Exceptional flexibility. Significant upside. Don’t miss this opportunity to invest in the future of Douglas Place.