Overview
- 3
- 2
- 1.0
- 1140 Sqft
- 1976
- SingleFamilyResidence, Residential
- 163506094
- 0.28 Acres
- Realty Marketing / Northwest
- John Rosenthal
Description
This single-family home is offered as part of a 13-property, 43-unit residential portfolio that is 98% leased, primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.The home is currently leased and situated on a 12,197± sq. ft. lot that shares access with Auction Property #112. Zoned RM2, the site allows for a 3- to 4-story building with a minimum density of one unit per 2,000 sq. ft., permitting up to six units, with potential for increased density subject to City of Portland approval. Projected 2026 gross income is $18,480. The tenant has occupied the home for over four years. Real estate taxes are $3,844, and the landlord covers trash service.This property offers a unique opportunity to secure in-place income with significant future development potential in Southeast Portland.
Details
Updated on June 2, 2026 at 3:11 pm-
MLS# 163506094
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Property Size 1140 Sqft
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Land Area 0.28 Acres
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Bedrooms 3
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Bathrooms 2
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Car Garage 1.0
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Garage Size x x
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Year Built 1976
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Property Type SingleFamilyResidence, Residential
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Property Status Active
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Office Name Realty Marketing / Northwest
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Agent Name John Rosenthal
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Office Phone 503-224-1906
Additional details
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Listing Terms Cash
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Roof Composition
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Sewer Public Sewer
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Heating Forced Air
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County Multnomah
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Property Type Residential
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Parking Driveway
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Elementary School Lincoln Park
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Middle School Ron Russell
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High School David Douglas
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Architectural Style Stories1, Ranch
Walkscore
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Down Payment
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Loan Amount
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Contact Information
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