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1039 SE 78th Ave, Portland, OR 97215 — photograph 1

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1039 SE 78th Ave, Portland, OR 97215 — photograph 1

1039 SE 78th Ave, Portland

$299,000

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ActiveMLS®: 659066761Listing held by another brokerage, marked RMLS
Property type
Land
Days on market
131

Overview

Rare development OPPORTUNITY in one of Portland’s most sought-after neighborhoods, just blocks from Montavilla Street dining, cafés, and shopping. This 36 x 105' R5-zoned lot with alley access offers approximately 3780 SF of infill potential with FLEXIBLE options for investors, developers, or owner-occupants. SUBJECT to PLA, build detached home, add ADU condo and sell seperately . Build one SFR or Build a COTTAGE CLUSTER and take advantage of SDC waivers. Save $$$$ Thousands with Meter & Water Line located on property / Sewer Line is stubbed from main. Exceptional WALKABILITY, strong upside potential, and a prime Portland location makes this a standout opportunity. Buyer to verify development possibilities with the City.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

View
No

Schools

High school
Franklin
Middle school
Bridger
Elementary school
Bridger

Location

City
Portland
County
Multnomah
Zoning
R5

Location

1039 SE 78th Ave, Portland, OR 97215

Map showing the location of 1039 SE 78th Ave, Portland, OR 97215
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,816 /mo

20% · $59,800
7.00%
Principal and interest
$1,591
Property tax (estimated)
$224
Total
$1,816

Estimate only, and not an offer of credit. Assumes 20% down ($59,800) 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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