$250,000
5226 SE KNAPP ST Portland, OR 97206
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by HomeSmart Realty Group
$250,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
09/23/2024 08:15 PM
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24207213
Annual Tax Amount $2,140
Lot Size 5,227 Sqft
Property Description
Cash only. Attention builders, developers, and visionaries! This rare 5,000 sq ft lot in SE Portland?s Brentwood-Darlington neighborhood is the ideal canvas for your next project. Zoned R2.5, the property can be subdivided into two tax lots, perfect for building a single-family home, duplex, triplex, fourplex or ADU on each lot, maximizing income potential. Tear down the existing structure and unlock the full potential of this high-demand area--or get a construction loan and bring this little gem back to life! With many neighboring properties already redeveloped, this is your chance to join the wave of new construction in this rapidly growing community. Brentwood-Darlington is known for its tree-lined streets, green spaces, and blend of classic and modern homes. Enjoy easy access to local cafes, restaurants, and conveniences like New Seasons Market and Safeway. Reed College, just a short drive away, adds an intellectual and cultural touch to the area. Well-connected by public transit, bike lanes, and highways, this location offers easy commutes throughout Portland. Buyer to perform due diligence on subdividing and building options. Don?t miss this incredible opportunity to own prime real estate in a neighborhood undergoing rapid transformation. Be extra careful walking on property.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools Whitman
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash, Rehab
Listing Terms Cash, Rehab
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