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About the Listing KRRE01 - TIETZJOR
Outstanding investment and redevelopment opportunity on Denver Ave in North Portland. Seller has obtained fully approved City of Portland plans to convert the existing duplex into a legal four-plex — eliminating months of permitting delays and positioning this project for rapid completion and resale or long-term cash flow.High-value improvements already completed: Oil tank decommissioned, Sewer line repair complete, New exterior paint, Extensive rough-in plumbing started, Full interior demo and debris removal done, several new windows installed. This property is ready for a savvy investor or contractor to take over to complete the rough-in stage and move directly into drywall and finish work. Ideal for those seeking a shovel-ready project with strong upside potential in a desirable, appreciating area. Approved four-plex plans included with sale. Future buyers may be able to save thousands with City of Portland's SDC waiver program on this project.
Listing Highlights
Status
Active
Days on Site
28
Property Type
Multi-Family
MLS ®
495769618
Year Built
1959
Total Square Footage
3,499
Lot/Acreage
0.12
County
Multnomah
Neighborhood
Arbor Lodge
Area
141 - Portland North
Elementary School
Peninsula
Middle School
Ockley Green
High School
Jefferson
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full Basement,Partially Finished
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gentle Sloping,On Busline,Trees
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: RM1
- Roof: Composition
- Others: Fixer
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: $6,125
- Taxes w/Assessments: N/A
- Tax/Property ID: R196548
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
7827 N Denver Ave Portland, OR 97217
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