3913 NE 47th Ave, Portland, OR 97213

Rare chance to acquire a quarter-acre (10,210 sq ft) corner lot in the highly desirable Beaumont-Wilshire neighborhood. Zoned R5, this versatile property includes an existing 1,080 square foot home featuring 2 bedrooms and 1 full bath, offering immediate rental or renovation potential while you plan your development. Whether you're looking to renovate the current structure, add additional units, or build a cottage cluster, this site offers exceptional flexibility. The generous lot size and corner placement enhance design options and site accessibility. Enjoy a 96 Bike Score and 75 Walk Score, with close proximity to Wilshire Park, Wellington Park, local schools, shops, and public transit. Development-ready opportunities like this are rare in this high-demand neighborhood—don’t miss your chance to capitalize on its long-term value. Buyer shall verify development opportunities.