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12414 E Burnside St, Portland, OR 97233 — photograph 1

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12414 E Burnside St, Portland, OR 97233 — photograph 1
1.2 Acres

12414 E Burnside St, Portland

$795,000

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ActiveMLS®: 128447652Listing held by another brokerage, marked RMLS
Lot size
1.2 acres
Property type
Land
Days on market
32

Overview

Rare opportunity to acquire a 1.20-acre, two-parcel property on E Burnside Street in Portland. The site has been used as a church and includes an existing 7,208-square-foot church building with an additional 2,184-square-foot basement, offering space for a congregation, community organization, or other permitted use. Zoned RM3, the property also presents potential for residential redevelopment. The combined site comprises approximately 60,600 square feet, providing flexibility for a buyer with a long-term vision. Convenient access to E Burnside and nearby transit. Sale includes tax accounts R216736 and R216722. Portland’s current RM3 summary shows a 2:1 base floor area ratio (FAR), a 65-foot base height, 85% maximum building coverage, and no general maximum number of dwelling units. Height can step down near lower-density residential zoning, and setbacks, landscaping, outdoor space, and other rules still apply. Portland does not require a minimum number of car parking spaces, although bicycle parking and other requirements may apply. Buyer to verify square footage, zoning, permitted uses, development capacity, and all other property details with the appropriate municipality.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
1.2 acres
View
No

Schools

High school
David Douglas
Middle school
Floyd Light
Elementary school
Menlo Park

Location

City
Portland
County
Multnomah
Zoning
RM-3

Location

12414 E Burnside St, Portland, OR 97233

Map showing the location of 12414 E Burnside St, Portland, OR 97233
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,828 /mo

20% · $159,000
7.00%
Principal and interest
$4,231
Property tax (estimated)
$596
Total
$4,828

Estimate only, and not an offer of credit. Assumes 20% down ($159,000) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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