Whether you're an investor, builder, or ambitious DIYer, this 1-bedroom, 1-bath property is a blank canvas brimming with potential. The existing home offers a solid starting point for renovation, featuring fiberglass double-pane windows, while the oversized backyard provides valuable space for landscaping, outdoor living, or exploring the potential addition of an ADU. For those considering redevelopment, potential opportunities may include fee-simple townhouses and other middle-housing configurations. Another option may be to retain the existing home and add two additional units, taking advantage of applicable exceptions under TRN-1.30. See the provided development schemes for conceptual possibilities and inspiration. And don’t “Overlook” the location! Convenient access to I-5 and MAX makes commuting easy, while restaurants, shopping, and everyday amenities are just steps away. Whether you're looking to renovate, reimagine, or redevelop, this property presents an exciting opportunity in a highly connected Portland location. Buyer to conduct all due diligence regarding development potential, zoning, applicable regulations, and feasibility. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251038]
Listing courtesy of Keller Williams PDX Central.
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