909 Sw GAINES St, Portland, OR 97239

$1,300,000 Asking Price

3 beds
2 baths
2,264  sqft
Built in 1904

Located next to the nursing school at OHSU, this 15000 SF of land on 3 city lots is zoned RM2. Potential for higher ratio with city approved inclusionary housing. Huge investor/developer opportunity. The last 3 photos show a view at 25-45 feet from the ground level. From City of Portland Zoning Code RM2: 45'maximum height, which is generally up to 4 stories. 1.5:1 FAR. increasing to 2.25:1 with bonus provisions, such as affordable housing. Buyer to verify any and all zoning code applications for this property. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10058334]

Features & Amenities

Interior

Appliances:
Dishwasher
Basement:
Full basement, Partially finished
Heating:
Forced air

Exterior

General:
Lap siding
Style:
Bungalow
Parking:
Parking spaces: 0

Construction

Roofing:
Composition

Location

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

Lot

Zoning:
PORTLAND CITY HMSTD, BLOCK 49, LOT 1-3, R247185
View:
View

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Berkshire Hathaway HomeServices NW Real Estate, Michael Beirwagen

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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