1. Oregon
2. Portland
3. 2015 Se IVON St 7

2015 Se IVON St 7, Portland, OR 97202

Property Description

Huge Opportunity to get into Inner SE for under $500k! Set in the highly sought-after Hosford-Abernethy neighborhood. Featuring an oversized lot with R2.5 zoning, the possibilities for development are vast. The R2.5 zoning is a single-dwelling zone allowing one lot per 2,500 square feet, making it ideal for a variety of housing types. Developers can explore options such as a 6-unit apartment complex, single-family dwellings, rowhouses, duplexes, triplexes, fourplexes, or adding accessory dwelling units (ADUs). Buyer to do all due diligence.With its prime inner Southeast location, this property is perfectly positioned for a multitude of projects. The unbeatable setting provides easy access to some of Portland's vibrant amenities, including Double Barrel Tavern, Spielman Bagels, Nossa Familia Coffee, New Seasons & People’s Food Co-op, a stone's throw to Ladd’s Addition, & Abernethy Elementary School, making it the perfect spot to create desirable housing.Whether you’re considering a rehab & flip, teardown to build a multifamily property or envisioning multiple units for rental income, this diamond in the rough offers unmatched potential. Don’t miss this rare opportunity to shape a profitable investment in one of Portland’s most walkable and dynamic neighborhoods.

Listing Status:

Pending

Date Added:

October 24, 2024 at 05:00AM

Listing Office:

eXp Realty, LLC : 888-814-9613

Listing Agent:

Tara Stone : 530-545-2580

MLS ID:

24037345

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This listing courtesy of Tara Stone, eXp Realty, LLC