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3535 SW Buddington St, Portland, OR 97219 — photograph 1

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3535 SW Buddington St, Portland, OR 97219 — photograph 1
2 Beds2 Baths2,898 sqft

3535 SW Buddington St, Portland

$659,900

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ActiveMLS®: 226355717Listing held by another brokerage, marked RMLS
Price per sqft
$227.71
Built in
1953
Property size
2,898 sqft
Property type
Residential
Days on market
166

Overview

Rare opportunity to acquire a highly versatile development property featuring an existing home and substantial additional land. The current residence is a fixer, offering multiple possibilities including renovation, removal and replacement with a new home, or full redevelopment. Seller has already completed preliminary due diligence regarding the properties development potential. The offering consisted of four tax lots totaling 16 pre-patted 25'x100' lots with an approximate combined area of 40,000 sq.ft. Portions of the property are impacted by an environmental overlay. According t0 PBOT, no street improvements are required, LTIC fees will apply. The existing residence is situated across four lots, while one adjacent tax lot includes a 30'x40' partially cement-floored garage/workshop with existing electrical service. Potential development opportunities may include a private estate style property, traditional single-family homes construction. In addition, the seller owns four neighboring tase lots curretly7 considered unbuildable, which may be available for separate purchase to provide added wooded privacy, expanded buffer space, or future flexibility. This property presents exceptional versatility and upside potential for builders, investors, and buyers seeking to create a custom vision. Buyer's to conduct their own due diligence and verify all development possibilities and suitability for intended use.

Details

Interior

Interior features
Hardwood Floors, Laundry, Vaulted Ceiling
Appliances
Free Standing Range, Free Standing Refrigerator
Fireplace
Yes
Fireplaces
2
Fireplace description
Wood Burning
Cooling
No
Heating
Yes
Heating description
Forced Air
Windows
Wood Frames

Exterior and lot

Exterior features
Outbuilding, Public Road, RV Parking, RV / Boat Storage
Lot features
Corner Lot, Green Belt, Private, Sloped, Terraced, Trees
Architectural style
Prairie
Roof
Membrane
View
Yes
View description
Park / Greenbelt, Territorial

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
1
Parking
Carport, Driveway
Total parking
1

Schools

High school
Ida B Wells
Middle school
Jackson
Elementary school
Markham

Location

City
Portland
County
Multnomah
Zoning
R- 7

Taxes and dues

Annual taxes
$12,864 (2024)

Location

3535 SW Buddington St, Portland, OR 97219

Map showing the location of 3535 SW Buddington St, Portland, OR 97219
© Mapbox © OpenStreetMap

Monthly payment estimate

$4,584 /mo

20% · $131,980
7.00%
Principal and interest
$3,512
Property tax (2024)
$1,072
Total
$4,584

Estimate only, and not an offer of credit. Assumes 20% down ($131,980) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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