724 Ne 157TH Ave, Portland, OR 97230

$524,900 Asking Price

1 bed
1 bath
1,118  sqft
Built in 1948

Fantastic opportunity for possible Portland Middle Housing Development with these two tax lots! Buyer should conduct a thorough review of the zoning & other applicable laws + city/county regulations for use of the property to confirm the zoning of the property and to assess whether the existing zoning will permit the planned use. Cottages, duplexes, triplexes? Combine together to maximize development potential! Please do not walk on property without your broker and advanced notice. Value is in the land and building opportunity! Utilities are assumed to be at the street. Buyer to do all due diligence. Access to house upon receipt of acceptable offer and coordinated with advance notice.

Features & Amenities

Interior

Basement:
Crawl space
Heating:
Zoned
Fireplace:
Fireplaces: 0

Exterior

General:
Other
Style:
Stories 1, Ranch
Parking:
Driveway, Parking spaces: 0

Construction

Roofing:
Composition
General:
Other

Location

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

Lot

Zoning:
PARTITION PLAT 2022-45, LOT 1, R718496

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Premiere Property Group, LLC, Claire Widmark-Wright

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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