3411 Se 69TH Ave, Portland, OR 97206

$649,500 Asking Price

4 beds
2 baths
2,964  sqft
Built in 1943

Whether you’re a developer, investor, or someone seeking a primary residence with incredible potential, this property offers a unique chance to create your dream home in one of Portland’s most desirable neighborhoods. Situated on a spacious 0.26-acre lot with RM1 zoning, this property currently features a large existing home, ideal for renovation, expansion, or even multi-family use.Key Features:Existing Home with Potential: The property already includes a generously sized residence, perfect for those who envision transforming it into a custom dream home while keeping the existing structure. With ample square footage, there’s room to create a luxurious living space that meets your every need.Zoning (RM1): For those with a vision for expansion, the RM1 zoning allows flexibility – add an ADU, transform part of the property into a multi-family setup, or simply enjoy the extra space and privacy. Lot Size: At 0.26 acres, the lot provides space for beautiful landscaping, outdoor entertaining areas, or additional structures, allowing you to truly personalize the property.Prime Location: Located in SE Portland, this home offers convenient access to local amenities, schools, parks, and public transit, making it perfect for long-term living or attractive to future tenants. Investment or Personal Potential: The vibrant neighborhood is known for its strong rental market, adding long-term growth potential for those considering multi-family options in the future.Why This Property? Transform Into Your Dream Home: Take advantage of the existing structure to create a custom home with modern touches, while enjoying the spacious layout and room to grow.Flexible Living and Investment Options: The property’s size and zoning open up possibilities for expanding into multi-family living, adding a rental unit, or simply enjoying the space as a large single-family home.

Features & Amenities

Interior

Appliances:
Free standing range, Free standing refrigerator
Basement:
Unfinished
Heating:
Forced air

Exterior

General:
Cedar, Vinyl siding, Rv boat storage, Yard
Style:
Bungalow, Cottage
Parking:
Driveway, Off street, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
WoodFrames
General:
Concrete perimeter

Location

Road/Access:
Concrete, Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
RM-1, SECTION 08 1S 2E, TL 14800 0.26 ACRES, R333257
View:
View

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Keller Williams Realty Professionals, Lyndon Hansen

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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