$1,300,000

-1 Se MADISON St, Portland, OR 97215

  • 4 beds |
  • 2 baths |
  • 3,768 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $345/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

OPEN HOUSE 3/29 11-1 & 3/30 11-1Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north portion of the lots, with additional units up to a 4 plex, or go blank slate and develop fresh. The City of Portland allows for up to 9 individual cottage cluster units using middle housing land division. Developer's package attached. One unit vacant ready for market rent and long term tenants occupy one side. Please do not disturb tenants. Buyer to do their all of their own due-diligence.

Listing Status:
Active
Date Added:
March 27, 2025 at 05:00AM
Listing Office:
Cascade Hasson Sotheby's International Realty : 503-335-9898
Listing Agent:
Suzanne Clark : 503-806-9332
MLS ID:
171207564
  • Appliances: Free standing rangeFree standing refrigerator
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced air
  • Fireplace: Wood burningFireplaceFireplaces: 2

This listing courtesy of Suzanne Clark, Cascade Hasson Sotheby's International Realty

Location

Schools Nearby

B

Bridger Elementary School

7910 SE Market St, Portland, OR, 97215

Grades KG-8

0.31 miles away

B

Bridger Elementary School

7910 SE Market St, Portland, OR, 97215

Grades KG-8

0.31 miles away

F

Franklin High School

5405 SE Woodward St, Portland, OR, 97206

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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