125 SE 126TH AVE, Portland, OR 97233
- $599,000
- 4
- BD
- 2
- BA
- 1,288
- SqFt
- List Price
- $599,000
- Days on Market
- 194
- Status
- PENDING
- MLS#
- 383110687
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,288
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
Property Description
Rare RH-zoned development opportunity in East Portland with a 15,000 SF lot and strong upside beyond the existing home. Seller has a preliminary concept for 9 units, but the real value here is in the land and its high-density multifamily potential. Located near MAX/transit, this site may benefit from Portland’s transit-oriented development standards, creating an attractive opportunity for builders, multifamily investors, and land bankers. Existing home can provide interim income or hold value while buyer pursues planning. Buyer to perform all due diligence regarding unit count, FAR, height, parking, transit-related allowances, and development feasibility.
Additional Information
- Tax Amount
- $3,882
- Year Built
- 1947
- High School
- David Douglas
- Elementary School
- Menlo Park
- Middle School
- Floyd Light
- Garage Type
- Detached
- Acres
- 0.34
- Living Area
- 1,288
- Stories
- 1
- Subdivision
- Hazelwood
- Property Type
- Single Family Residence
- Lot Size Dimension
- 150x100
- Terms
- Cash, Conventional
- Master Bedroom Level
- Main
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Exterior Description
- Wood Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Style
- 2 Story, Bungalow
- View
- Territorial
- Road Surface
- Paved
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Listing courtesy of Epique Realty.
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