Great Investment Opportunity – Duplex on Corner Lot with 3-Car Garage. Vintage mid-century duplex presents a unique opportunity for investors and developers alike. Situated on a prime corner lot in the highly sought-after Mt. Tabor neighborhood, this property offers a blend of classic mid-century style, rental income, and exciting multiple development potentials. Keep the duplex and develop north portion of the lots, with additional units up to a 4 plex, or go blank slate and develop fresh. The City of Portland allows for up to 9 individual cottage cluster units using middle housing land division. Developer's package attached. One unit vacant ready for market rent and long term tenants occupy one side. Please do not disturb tenants. Buyer to do their all of their own due-diligence.
Active
Price cut: $200K (5/28)
$1,100,000
7303-7305 SE Madison St, Portland, OR 97215
4beds
3,768sqft
Est.:
Residential, Single Family Residence
Built in 1949
10,018.8 Square Feet Lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Corner lot
- 125 days
- on Zillow |
- 743 |
- 20 |
Likely to sell faster than
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